PFC Q3 Net Profit up 23%

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Consistent with higher volume of operations, PFC’s ‘Net Profit’ increased by a whopping 23% to Rs.1950 crore from Rs. 1582 crore, during the quarter ended 31st December, 2016. While the Sanctions increased by 64% to Rs 32,027 crore, Disbursements during this period (Q3 FY 17 vs. Q3 FY 16) increased by 13% to Rs, 12,150 crore from Rs 10,755 crore. Earning Per Share (EPS) increased by 23% to Rs. 29.54 from Rs 23.97.

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