PFC Q4 net profit rises 11%, makes 100% provisions on Gensol Engineering
Power Finance Corp (PFC) reported an 11% increase in the fourth-quarter net profit at Rs 8,358 crore, buttressed by an increase in interest income and provisioning reversals. During the same quarter a year ago, the company had reported a net profit of Rs 7,556 crore. The board at the state-run infrastructure lender recommended a final…