11:46 May 24, 2013  

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Hot Pursuit
PFC gains after good Q4 outcome
Published on Tue May 22, 2012 at 01:38 PM

The result was announced during trading hours today, 22 May 2012.

Meanwhile, the BSE Sensex was down 62.78 points, or 0.39%, to 16,120.48.

On BSE, 5.63 lakh shares were traded in the counter compared with average volume of 4.27 lakh shares over the past two weeks.

The stock hit a high of Rs 153.90 and a low of Rs 149.55 so far during the day.

On a consolidated basis, net profit of Power Finance Corporation (PFC) rose 15.55% to Rs 3058.85 crore on 28.22% increase in total income to Rs 13096.02 crore in the year ended March 2012 over the year ended March 2011.

The board of PFC has recommended a final dividend of Rs 1 per share for the financial year ended March 2012.

PFC is a financial institution dedicated to power sector financing and committed to the integrated development of the power and associated sectors.

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