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MUMBAI: State-run Power Finance Corporation Ltd (PFC) on Tuesday reported 94 per cent growth in its net profit at Rs 637.91 crore for the second quarter ended September 30, 2009.

The company, which provides finance for power sector had a net profit of Rs 329.32 crore in the September quarter of FY'09, PFC said in a filing to the Bombay Stock Exchange.

Total income rose to Rs 2,046.42 crore during the July-September quarter of the current fiscal from Rs 1,602.11 crore in the corresponding period a year ago.

For the half year ended September 30, PFC posted a 91 per cent growth in net profit at Rs 1,192.82 crore.

Total income rose to Rs 3,894.47 crore during the period from Rs 3,024.47 crore in the year-ago period. Shares of PFC were trading at Rs 231.50, up 1.62 per cent over previous close on the BSE. - PTI

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