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PFC QUARTERLY EARNINGS
LIC emerges as highest profit-making financial company in Jan-Mar quarterLast week, LIC reported a 23 per cent jump in net profit to record Rs 23,420 crore in the just concluded March quarter as compared to Rs 19...
LIC emerges as highest profit-making financial company in March quarterLife Insurance Corporation of India has achieved the highest profit in the Indian financial sector for the March quarter. The company repor...
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...
Crorepati investors splurge $1 billion to buy these 10 stocks. Should you follow the smart money?Wealthy investors are making significant moves, pouring over $1 billion into ten select stocks. This concentrated buying occurs even as the...
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...
Power Finance Corporation Q4 Results: Cons PAT jumps 11% to Rs 8,358 crore, NII surges 38%; dividend declaredPower Finance Corporation Q4 results: Power Finance Corporation reported an 11% YoY rise in Q4FY25 profit at ₹8,358 crore, with net interes...
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 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 pledges ₹21,000-crore for Vadhavan Port projectThe project is to be developed by the Vadhavan Port Project Ltd, a special purpose vehicle formed by the Jawaharlal Nehru Port Authority an...
PFC shares soar 6% after net profit rises 20% YoY. Should you invest?PFC shares rose 6% to Rs 501.65 on BSE after posting a 20% increase in Q1 FY25 net profit to Rs 7,182 crore. Total income grew to Rs 24,736...
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 ...
PFC Q4 results: Net profit down nearly 80% at Rs 693.71 croreThe company had posted a consolidated net profit of Rs 3,391.27 crore in the quarter ended March 31, 2019, a regulatory filing said.
PFC rallies, but may not sustain the momentumAccording to media reports, state utilities witnessed a twofold to tenfold jump in their collections as they were allowed to collect old no...
Power Finance Corp to sanction Rs 55,000-crore loan this fiscalThe Power Finance Corporation Ltd (PFC) signed its performance related pact with the Ministry of Power for FY2016-17 on September 1, 2016.
Government reform plans send shock waves through power finance companiesShares of power sector lenders dived on Friday on worries the new restructuring package for the ailing power discoms would impact their ear...
- 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.
- Core sector lending: Faltering infrastructure growth takes a toll on lenders
Slowdown in new orders, delays in project execution and high cost of borrowing, which have severely impacted the profitability of infrastru...
- PFC's tax-free infra bonds by Dec-Jan; Q2 net up 10%
Power Finance Corp, which on Wednesday reported a 10% jump in Q2 net profit, said it is planning to launch tax-free infra bonds by the end ...