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PFC Shares to Trade Ex-Date on February 28: Interim Dividend of ₹3.50

Written by: Sachin GuptaUpdated on: Feb 28, 2025, 2:24 PM IST
Power Finance Corporation Ltd (PFC) decided to pay an interim dividend of ₹3.50 on March 11, 2025, declared on February 12, 2025.
PFC Shares to Trade Ex-Date on February 28: Interim Dividend of ₹3.50
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On February 28, 2025, PFC shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹3.50 interim dividend.

PFC Dividend History

Ex-Date Dividend Type Dividend Amount (₹)
Nov 25, 2024 Interim 3.50
Aug 30, 2024 Interim 3.25
July 26, 2024 Final 2.50

PFC Q3FY25 Earnings Highlights

During Q3Fy25, the state-owned Power Finance Corporation (PFC) reported a growth of 23% in its consolidated net profit to ₹7,759.56 crore, up from ₹6,294.44 crore in the same period last year.

The company’s consolidated revenue from operations grew by 14%, rising to ₹26,798.04 crore from ₹23,571.83 crore year-on-year. Net Interest Income (NII) increased by 12.9% YoY to ₹4,694 crore, compared to ₹4,158 crore in Q3FY24.

Asset quality remained stable, with gross non-performing assets (GNPA) improving slightly to 2.68% from 2.71% in the previous quarter. Similarly, the net NPA (NNPA) stood at 0.71%, compared to 0.72% in Q2FY25.

 

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

Published on: Feb 28, 2025, 8:39 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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