Power Finance Q2 net almost doubles

Power Finance Q2 net almost doubles

Mumbai: State-run Power Finance Corp. Ltd said second-quarter profit almost doubled. Net income in the three months ended 30 September rose to Rs638 crore, or Rs5.56 a share, from Rs329 crore, or Rs2.87, a year earlier, the New Delhi-based company said in a statement to the Bombay Stock Exchange on Tuesday. Revenue rose 26% to Rs2,003 crore.

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