PFC Share Price in Focus After Release of Q3FY25 Earnings: Declared Dividend

On February 13, 2025, PFC share price rose ~2%, reaching a day high of ₹382.50 at 09:35 AM, after opening at ₹382.50. with a drop of 0.56% to ₹373.30 after the company. This came after Power Finance Corporation (PFC) reported a 23% increase in consolidated net profit, reaching ₹7,759.56 crore for the third quarter (Q3) of the financial year 2024-25 (FY25), up from ₹6,294.44 crore in the same period last year.

Consolidated revenue from operations grew by 14% to ₹26,798.04 crore year-on-year, compared to ₹23,571.83 crore. Net Interest Income (NII), the difference between interest earned and interest paid, rose by 12.9% YoY to ₹4,694 crore, up from ₹4,158 crore in Q3FY24.

Improvement in Asset Quality

Asset quality remained stable, with gross non-performing assets (GNPA) at 2.68%, slightly improving from 2.71% in the previous quarter. Similarly, net NPA (NNPA) stood at 0.71%, compared to 0.72% in Q2FY25. Loan growth was 10% YoY, slightly below the company’s FY25 target of 14%.

PFC Declared Dividend

PFC also declared a third interim dividend of ₹3.50 per equity share for FY25. The record date for eligibility is set for February 28, 2025, and the dividend will be paid by March 3, 2025.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.