PFC Q2 PAT UP 11 percent

Psu Connect Date: 12-11-16

Consistent with higher volume of operations, Power Finance Corporation’s ( PFC) ‘Profit After Tax’ (PAT) is up 11% and has touched Rs 1,873 crore for the quarter ended September, 2016 as against Rs. 1,695 crore recorded during the same quarter last FY. ‘Loan Assets’ increased from Rs 2,24,323 crore to Rs 2,35,863 crore, Networth is up 11% from Rs 35,267 crore to Rs 39,275 crore during this period. Gross NPAs, as a % Loan Assets, stood at 3.21%.

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