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PFC Q2 net up 22.5%

PFC Q2 net up 22.5%
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First Published: Wed, Oct 10 2007. 04 50 PM IST
Updated: Wed, Oct 10 2007. 04 50 PM IST
PTI
Mumbai: State-run Power Finance Corporation on 10 October posted a 22.5% increase in net profit for the second quarter ended 30 September at Rs282.22 crore as against Rs230.35 crore a year ago.
The company’s total income rose 37.95% to Rs1,227.58 crore during the quarter from Rs889.91 crore in the corresponding period last fiscal, PFC said in a filing to the Bombay Stock Exchange.
The company’s shares were trading at Rs209.05, up 1.8%, in the afternoon on BSE.
The power sector lender is a nodal agency for the 4,000-MW ultra mega power projects.
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First Published: Wed, Oct 10 2007. 04 50 PM IST