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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

/ Gourav Mishra
/ Finance and M&A, Other, Renewable Energy
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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).

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Gourav Mishra

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