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This is an entirely free service. No payments are to be made.Power Finance Corporation (PFC) declared its results for the fourth quarter of financial year 2016-17 (4QFY17). The institution has reported a 40% YoY fall in net interest income and slipped into losses during the quarter.
Rs (m) | 4QFY16 | 4QFY17 | Change | FY16 | FY17 | Change |
---|---|---|---|---|---|---|
Interest Income | 66,450 | 55,680 | -16.2% | 272,590 | 264,910 | -2.8% |
Interest expended | 40,800 | 40,300 | -1.2% | 160,910 | 163,260 | 1.5% |
Net Interest Income | 25,650 | 15,380 | -40.0% | 111,680 | 101,650 | -9.0% |
Net interest margin | 4.43% | 2.57% | 4.94% | 4.28% | ||
Other Income | 1,140 | 1,420 | 24.6% | 1,350 | 3,260 | 141.5% |
Operating expense | 370 | 530 | 43.2% | 2,930 | 3,540 | 20.8% |
Provisions and contingencies | 5,930 | 44,990 | 658.7% | 17,060 | 50,930 | 198.5% |
Profit before tax | 20,490 | -28,720 | 93,040 | 50,440 | -45.8% | |
Extraordinary items | -790 | 80 | -2,440 | 670 | ||
Tax | 7,110 | 5,470 | -23.1% | 29,470 | 29,834 | 1.2% |
Effective tax rate | 34.7% | 31.7% | 59.1% | |||
Profit after tax/ (loss) | 12,590 | -34,110 | 61,130 | 21,276 | -65.2% | |
Net profit margin (%) | 18.9% | -47.3% | 22.4% | 8.0% | ||
No. of shares (m) | 2,640 | |||||
Book value per share (Rs)* | 131.6 | |||||
P/BV (x) | 1.0 |
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DISCLOSURES UNDER SEBI (RESEARCH ANALYSTS) REGULATIONS, 2014
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