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Power Finance Corp. Gets Target Price Cut By UBS On AUM Growth Miss In Q3
Power Finance Corp reported a net profit growth of 23.3% on the year to Rs 5,829 crore versus Rs 4,727 crore.
13 Feb 2025, 09:48 AM IST 
Power Grid Corp. reported profit, but posted a small miss on the asset under management growth, UBS said. (Representative image. Photo Source: Envato)
Power Finance Corp. received target price cuts from analysts on "disappointing" growth, with credit cost expected to remain negative in the near term. The company reported a net profit growth of 23.3% on the year to Rs 5,829 crore versus Rs 4,727 crore.The company said its total income rose 13.7% on the year to Rs 26,822 crore, compared to Rs 23,593 crore. Net interest income rose 16.3% on the year to Rs 9,840 crore from Rs 8,456 c...
