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PFC Logs Net Profit of ₹60 Billion in Q1 FY 2023, Up 30% YoY

The lender’s consolidated disbursements surged more than threefold to ₹569.25 billion

August 22, 2023

/ Arjun Joshi
/ Other, Renewable Energy
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Power Finance Corporation (PFC) has recorded a net profit of ₹59.82 billion (~$720.9 million) for the first quarter (Q1) of the financial year (FY) 2024, a year-over-year (YoY) increase of 31% mainly due to an increase in total income.

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Arjun Joshi

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