New Delhi [India], May 30: Power Finance Corporation (PFC) on Saturday posted an over 44 per cent jump in its consolidated net profit to Rs 6,128.63 crore in March quarter, mainly on the back of higher revenues. The consolidated net profit of the company was Rs 4,295.90 crore in the quarter
In FY23, the company made profit before tax (PBT) and profit after tax (PAT) of Rs 334.45 crores and Rs 250.59 crore, respectively, which has come down by 39 per cent and 38 per cent respectively.
State-owned Power Finance Corporation (PFC) Corporation posted its highest annual Profit After Tax (PAT) with a 13 per cent increase from Rs 18,768 crore in FY22 to Rs 21,179 crore in FY23.
According to a statement from the company, the tyre maker's net revenues went up 22 per cent to Rs 14,681 crore over the figure in the previous year's corresponding period.
The firm's revenue was at Rs 316.96 crore, against Rs 212.44 crore in the corresponding quarter of the previous year. Its earnings before interest, taxes, depreciation, and amortisation (Ebitda) was Rs 98 crore in the quarter under review, against Rs 48.13 crore in the year-ago period.
Noida (Uttar Pradesh) [India], May 13 (ANI/NewsVoir): Max Financial Services Limited (MFSL) today announced its financial results for the quarter and the year ended FY23. MFSL reported consolidated revenues of Rs. 31,431 crore, grew 1 per cent mainly due to lower investment income, excluding
Diversified gaming and sports media platform Nazara Technologies Limited posted a 21 per cent growth in consolidated net profits (profit after tax) in 2022-23 at Rs 61.4 crore.
Coal India's (CIL) profit after tax (PAT) for financial year 2022-23 posted a massive 62 per cent growth at Rs 28,125 crores compared to Rs 17,378 crores of 2021-22, thereby sustaining strong financial fundamentals.
Mumbai (Maharashtra) [India], May 2 (ANI/BusinessWire India): Executive Summary - The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the audited financial results for the quarter and financial year ended March 31, 2023. The key highlights were:
Indian Farmers Fertiliser Cooperative (IFFCO) posted a record Profit After Tax of Rs 3,053 crore during the just concluded financial year 2022-23 (April-March), which is a 61 per cent increase on a yearly basis.
During the January-March 2023 quarter, it reported a consolidated profit after tax (PAT) of Rs 501 crore, up 46 per cent on a yearly basis. The PAT was at Rs 1,623 crore for the entire financial year, up 52 per cent year-on-year.