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Power Finance Corporation (PFC) declared its results for the third quarter of financial year 2016-17 (3QFY17). The institution has reported a 0.5% YoY fall in net interest income and 23% YoY rise in net profits.
|Net Interest Income||28,700||28,270||-1.5%||86,030||86,270||0.3%|
|Net interest margin||4.98%||4.74%||5.12%||4.85%|
|Provisions and contingencies||4,830||1,200||-75.2%||11,120||5,950||-46.5%|
|Profit before tax||23,540||27,020||14.8%||72,560||79,140||9.1%|
|Effective tax rate||32.0%||32.2%||30.8%||30.8%|
|Profit after tax/ (loss)||15,820||19,500||23.3%||48,540||55,360||14.1%|
|Net profit margin (%)||22.8%||28.3%||23.5%||26.5%|
|No. of shares (m)||2,640|
|Book value per share (Rs)*||141.2|
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