Power Finance Corp declares dividend of 25%
Power Finance Corporation has declared an interim dividend of 25 per cent.
The company reported net profit of Rs 320.49 crore for the quarter ended Dec 31, 2007, a rise of 37.75 per cent over Rs 232.66 crore posted for the same quarter of 2006. Total income increased 36.20 per cent to Rs 1,299.79 crore from Rs 954.33 crore a yea ago.
On Wednesday, Power Finance shares closed down 1.32 per cent at Rs 191 on BSE.
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