Power Finance Corporation (PFC) reported a 10% year-on-year loan growth in Q3 FY25, falling short of its 14% guidance for the full fiscal year. Despite the moderation in loan growth, the company’s financial performance remained steady.
Dividend Announcement
PFC declared a third interim dividend of ₹3.50 per equity share (₹10 face value) for FY 2024-25. The dividend is subject to 35% TDS deduction.
- Record Date: February 28, 2025
- Payment Date: On or before March 11, 2025
Key Q3 Financial Highlights (YoY)
- Revenue from Operations: ₹26,798 crore, up from ₹23,571 crore
- Net Profit: ₹7,759 crore vs ₹6,294 crore, reflecting strong earnings growth
- Total Income: ₹26,821 crore vs ₹23,593 crore
- Loan Growth: 10% YoY, compared to the company’s FY25 guidance of 14%
The company attributed the growth to steady demand in the power sector and infrastructure financing. However, the shortfall in loan growth indicates slower-than-expected disbursements in the ongoing fiscal year.
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