Power Finance Corporation’s Q3 Profit Rises 7% YoY to ₹52.41 Billion

PFC's net NPA ratio declined to its lowest-ever at 1.15% in 9M FY2023

February 14, 2023

/ Finance and M&A, Other, Renewable Energy

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

State-owned lender Power Finance Corporation (PFC) posted its highest-ever consolidated quarterly profit of ₹52.41 billion (~$633.5 million) for the third quarter (Q3) of the financial year (FY) 2022-23, an increase of 7% year-over-year (YoY).

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Gourav Mishra

Get the most relevant India solar and clean energy news.

Power Finance Corporation’s Q3 Profit Rises 7% YoY to ₹52.41 Billion

MERCOM Insider

Get the most relevant India solar and clean energy news.

RECENT POSTS