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New Delhi, July 16

Power Finance Corporation (PFC) has reported over two-fold surge in net profit to Rs 308.65 crore for the first quarter ended June, compared to Rs 151.9 crore in the same period last year. Total income rose 35.58 per cent to Rs 1,145.81 crore (Rs 845.14 crore), the company told the BSE. PFC shares jumped 11.76 per cent to close at Rs 195.80 on the BSE. The 52-week high for the stock is Rs 199.90 while the 52-week low is 101. – Our Bureau

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