PFC-REC merger may not be a priority amid war squeezeBoards of Power Finance Corporation and REC will meet Saturday. Uncertainty surrounds their proposed merger. The government's stake may fal...
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....
Buy the dip, but avoid IT, back pharma & power, says Rudramurthy BVIndian markets are experiencing a healthy correction, according to Vachana Investments' MD, CA Rudramurthy BV. He advises waiting for speci...
PFC shares jump 5% to hit fresh 52-week high, surge 29% in April so far. What's heating up the stock?PFC shares surged over 5% to hit a fresh 52-week high amid expectations of rising power demand due to increasing temperatures. The stock ha...
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 Q3 Results: Cons PAT jumps 23% YoY to Rs 5,829 crore; Rs 3.5/share dividend announcedPFC Q3 Results: Total revenue from operations in Q3FY25 reached Rs 26,798 crore, marking a 14% rise from Rs 23,571 crore in the same quarte...
Power Finance Corporation net profit rises 24% in June quarter to ₹3,718 crorePower Finance Corporation (PFC) reported a 24% increase in net profit for the quarter ending June, reaching ₹3,718 crore. The company's int...
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...
PFC Q4 Results: Cons PAT jumps 20% YoY to Rs 5,624 crore; revenue up 20%The total consolidated revenue from operations stood at Rs 24,141 crore for the March quarter, up 20% over Rs 20,061 crore reported in the ...
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 Q2 results: Net profit rises 17% to Rs 5,023 croreThe total income of the company rose to Rs 19,282.60 crore in the Sepetember quarter from Rs 18,171.41 crore a year ago.
PFC Q4 results: Co posts multifold jump in net profit to Rs 3,906 croreTotal income of the company rose to Rs 18,155.14 crore in the quarter from Rs 16,254.65 crore in the same period a year ago.
- Power financiers PFC, REC may see improved margins on Tamil Nadu tariff hike impact
The decision of Tamil Nadu's SEB to raise tariffs by 37% comes as a blessing for power financiers such as PFC and REC.
- Buy PFC only above 263-264: Shardul Kulkarni
"In case of PFC, buying would be recommended above the 263-264 mark which is quite far away from the current levels. "