Power Finance Corp has reported a nearly 23 per cent
jump in net profit at Rs 1,273.79 crore for the three months ended September 30.
The company, a key lender for the power sector, had a net profit of Rs 1,036.49 crore in the year-ago period.
In the July-September period of 2013-14, Power Finance Corp saw its total income climb to Rs 5,336.96 crore, according to a regulatory filing. The PSU had reported a total income of Rs 4,191.16 crore in the same period a year ago.
Total expenses in the latest September stood at Rs 3,547.27 crore as against Rs 2,756.88 crore in the three months ended September 2012.
Shares of the company rose 1 per cent to close at Rs 144.95 on the Bombay Stock Exchange on Friday.
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