Power Finance Corporation reported a 31 per cent Y-o-Y jump in its consolidated net profit at Rs 5,892 crore in Q1 FY24.

The company’s consolidated total income rose 13 per cent Y-o-Y to Rs 20,993 crore during the June quarter in the current financial year.

PFC’s consolidated loan asset book grew by 17 per cent Y-o-Y to Rs 8,86,723 crore in Q1 FY24 from Rs 7,58,074 crore a year-ago. Consolidated disbursements rose remarkably by more than 3 times from Rs 17,084 crore to Rs 56,925 crore.