PFC Q3 net up 6 pc at Rs 338.99 cr

State-run Power Finance Corporation on Thursday reported a net profit at Rs 338.98 crore for the third quarter ended December 31, 2008, a growth of 5.77 per cent over the corresponding period last year.

The company had a net profit of Rs 320.49 crore in the third quarter of FY'08, PFC said in a filing to the BSE.

Total income of the company rose 32.33 per cent to Rs 1,720.05 crore during the quarter under review, from Rs 1,299.79 crore in the corresponding period a year-ago.

For the nine months ended December 31, 2008, PFC reported a 5.84 per cent growth in its net profit at Rs 964.60 crore.

The total income rose 29.38 per cent to Rs 4,740.43 crore during the said period. Shares of PFC closed at Rs 132.05, up 0.19 per cent on the BSE.