PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
PFC Q4 Results: Profit rises 24% to Rs 6,325 crore as interest income growsPower Finance Corp reported a strong rise in fourth-quarter and full-year earnings for FY26, supported by higher interest income, improved ...
Stocks in news: Airtel, Tata Motors, Dr Reddy's, NTPC, Dixon TechnologiesMarkets faced selling pressure on Tuesday due to weak global cues and macroeconomic concerns, with the Nifty approaching support at 23,150....
PFC shares slip 3% in 2 days after Q2 results despite moderate YoY profit growthPFC share price has seen a decline over 2 days after reporting Q2 FY26 results, as modest 2% profit growth failed to impress investors. Whi...
PFC declares second interim dividend of Rs 3.65/share, sets Nov 26 as record datePower Finance Corporation (PFC) has declared a second interim dividend of Rs 3.65 per share for FY26, with November 26 as the record date a...
PFC Q1 Results: Cons PAT zooms 25% YoY to Rs 8,981 crore, revenue rises by 15%; dividend declaredPower Finance Corporation reported a 25% YoY rise in Q1 FY26 net profit to ₹8,981 crore, with revenue up 15.5%. It also announced a ₹3.70 i...
PFC, REC shares extend gains as Morgan Stanley initiates coverage with overweight ratingMorgan Stanley initiated coverage on REC and PFC with an 'overweight' rating, citing attractive valuations, strong loan growth, and stable ...
PFC shares jump 7% post Q2 results; Brokerages maintain bullish outlookPFC Share Price: Power Finance Corporation shares rose 9% after reporting a 9% increase in Q2 profit, driven by higher revenues and loan gr...
PFC Q1 Results: Net profit rises over 20% YoY to Rs 7,182 crorePFC Q1 Results Latest Updates: The company's board also approved declaration of an interim dividend at the rate of 32.50 per cent or Rs 3.2...
Power Finance Corporation board to consider bonus issue, dividend on August 11Power Finance Corp funds power projects in India. The company serves state power utilities, central power sector utilities, power departmen...
PFC Projects likely to rope in investor partners for stressed power projectsPFC Projects Ltd, an equal joint venture of Power Finance Corporation and REC Ltd, is likely to rope in technical or strategic investor par...
Buy Power Finance Corporation, target price Rs 191: ICICI SecuritiesPower Finance Corporation Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 33700.64 Crore) operating ...
PFC net profit up 28% at Rs 4,554 cr in June quarterTotal income in the quarter under review rose to Rs 18,973.93 crore from Rs 16,932.24 crore in the same period a year ago.
REC Q1 results: Net profit jumps 23% to Rs 2,268 crIts total income during April-June 2021 rose to Rs 9,639.98 crore, from Rs 8,136.37 crore in the year-ago period.
PFC Q1 net up 9% at Rs 1,713 croreStandalone income from operations during the quarter was at Rs 7,105.60 crore, registering an increase of 5.1 per cent.
Power Finance Corp posts Q3 net profit at Rs 1,542 croreTotal income from operations rose to Rs 6,434.65 crore in the third quarter of the current fiscal as against Rs 5,540.52 crore in a year ag...
- Power Finance Q1 net up 42% to Rs 972 crore
Power finance corporation (PFC), a state run non-banking financial institution today announced its Q1 results.