Power Finance Corporation Ltd Share Price – NSE  / BSE

Finance, Mid Cap

Total income grew by 15.04% year on year (YoY) to Rs 25,754.73 crore in the quarter ended 30 September 2024.

Profit before tax stood at Rs 9,367.86 crore in the September 2024 quarter, up 8.57% from Rs 8,628.79 crore posted in Q2 FY24.

Total expenses spiked 19.1% to Rs 15,843.01 crore in Q2 FY25 over Q2 FY24.

Meanwhile, the company’s board declared second interim dividend of Rs 3.50 per equity share for FY25, subject to approval of shareholders. The record date for the said dividend is fixed on 25 November 2024 and it shall be paid on or before 8 December 2024.

Power Finance Corporation (PFC) is a leading power sector public financial institution and a non-banking financial company providing fund and non-fund-based support for the development of the Indian power sector.

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Power Finance Corporation has fixed 25 November 2024 as record date for 2nd interim dividend for FY 2024-25. The date of payment shall be on or before 08 December 2024.

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Total income grew by 15.04% year on year (YoY) to Rs 25,754.73 crore in the quarter ended 30 September 2024.

Profit before tax stood at Rs 9,367.86 crore in the September 2024 quarter, up 8.57% from Rs 8,628.79 crore posted in Q2 FY24.

Total expenses spiked 19.1% to Rs 15,843.01 crore in Q2 FY25 over Q2 FY24.

Meanwhile, the company’s board declared second interim dividend of Rs 3.50 per equity share for FY25, subject to approval of shareholders. The record date for the said dividend is fixed on 25 November 2024 and it shall be paid on or before 8 December 2024.

Power Finance Corporation (PFC) is a leading power sector public financial institution and a non-banking financial company providing fund and non-fund-based support for the development of the Indian power sector.

Shares of Power Finance Corporation slipped 2.70% to Rs 449.45 on Friday, 8 November 2024.

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Net profit of Power Finance Corporation rose 9.71% to Rs 5302.43 crore in the quarter ended September 2024 as against Rs 4833.08 crore during the previous quarter ended September 2023. Sales rose 14.91% to Rs 25518.46 crore in the quarter ended September 2024 as against Rs 22208.09 crore during the previous quarter ended September 2023.

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