Power Finance Corporation reports standalone net profit of Rs 935.60 crore in the March 2018 quarter

Net profit of reported to Rs 935.60 crore in the quarter ended March 2018 as against net loss of Rs 3409.49 crore during the previous quarter ended March 2017. Sales rose 9.12% to Rs 6016.52 crore in the quarter ended March 2018 as against Rs 5513.77 crore during the previous quarter ended March 2017.

For the full year,net profit rose 175.36% to Rs 5855.22 crore in the year ended March 2018 as against Rs 2126.39 crore during the previous year ended March 2017. Sales declined 1.71% to Rs 25820.86 crore in the year ended March 2018 as against Rs 26270.08 crore during the previous year ended March 2017.

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