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PFC REVENUE OPERATIONS
Haryana approves Rs 913-cr power infrastructure expansionHaryana's power sector is set for major upgrades. The state has approved additional infrastructure works worth over Rs 900 crore under the ...- Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata ConsumerIndian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus...
- Stocks in news: Vodafone Idea, Indian Oil, Tata Steel, Dr Reddy's, PFCMarkets closed lower amid geopolitical tensions, rupee weakness, and rising inflation. Upcoming week will be sensitive to US-Iran conflict ...
- 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 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...
- Buy Power Finance Corporation, target price Rs 550: ICICI SecuritiesICICI Securities recommends buying Power Finance Corporation (PFC) with a target price of Rs 550, citing its strong financial performance a...
- Buy Power Finance Corporation, target price Rs 560: Motilal Oswal Financial ServicesMotilal Oswal Financial Services has issued a buy call for Power Finance Corporation (PFC) stock, setting a target price of Rs 560. This po...
- 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 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 ...
- Stocks in news: PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, CiplaBenchmark equities surged for the third consecutive day on Tuesday. PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, and Cipla...
- REC signs MoU with PFC committing stronger revenue in FY24 and FY25The Mou was signed on Friday between Dewangan and Parminder Chopra, CMD of Power Finance Corporation (PFC) in presence of other senior offi...
- Tamil Nadu gives guarantee, budgetary support for Rs 30,230 cr liquidity loansThe state has issued administrative orders for unconditional and irrevocable government guarantee and commitment letters from finance depar...
- Power Finance Corporation eyes Rs 36,000 crore revenue in 2020-21As per the MoU, PFC would eye an ambitious revenue target of Rs 36,000 crore along with various performance-related parameters such as oper...
- REC eyes over 10% growth in revenue at Rs 28,000 crore this fiscalCompany's main source of revenue is interest income from advances or loans.
- PFC sees more write-backs as asset quality improvesThe aggregate exposure on these are Rs 1,400 crore and PFC has 11 per cent provisioning on it.
- PFC completes REC acquisition, hopeful of merger in 2019-20The transaction assumed significance because it helped the government meet its disinvestment target of Rs 80,000 crore for the current fina...
- PFC completes REC buy, pays Rs 14,500 cr to govtThe transaction has helped the government meet its disinvestment target of Rs 80,000 crore.
- Power Finance Corporation to pay entire Rs 14,500 crore for REC acquisition on ThursdayThe deal would help the government meet its disinvestment target of Rs 80,000 crore for the current financial year ending on March 31.
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