The company's board has also approved a plan to raise up to Rs 750 crore in one or more tranches. Total income from operations for the fourth quarter grew by 24.27 per cent to Rs 269.97 crore from Rs 217.24 crore in the same period last year, the company said in a BSE filing.

For the entire fiscal, the net profit stood at Rs 391.09 crore against Rs 160.87 crore in the previous fiscal. Total income from operations for the full year stood at Rs 1186.91 crore as against Rs 801.88 crore in 2014-15.

Promoted by PTC India, PFS is a non-banking finance company and has been granted the status of an infrastructure finance company by Reserve Bank. The scrip of the company was trading 1.25 per cent higher at Rs 40.50 on BSE.

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