Power Finance Corporation (PFC) is a leading power sector public financial institution and a non-banking financial company providing fund and non-fund-based support for the development of the Indian power sector.

The company’s consolidated net profit jumped 22.5% to Rs 4,727.40 crore in Q3 FY24 as compared with Rs 3860.25 crore in Q3 FY23. Total income increased 20% YoY to Rs 23,593.40 crore in Q3 FY24.

The scrip fell 0.75% to currently trade at Rs 412.60 on the BSE.