Power Finance Corp recorded standalone profit of Rs 6,953 cr in FY19: CMD Rajeev Sharma

May 30, 2019

Mumbai, May 30 (ANI): Power Finance Corporation (PFC), a central public sector enterprise, which lends funds to the power sector, has reported a standalone profit of Rs 6,953 crore for the financial year 2019, company’s Chairman and Managing Director Rajeev Sharma told media in Mumbai. In 2019, PFC has made a 58% growth in its profits on a year over year basis. The quarter wise growth, of Q4, is 166% in comparison to the corresponding quarter of the last year.