Power Finance Corporation (PFC) reported strong earnings for the fourth quarter of FY25, with robust growth in both interest income and profitability.
Net interest income (NII) surged 39.5% year-on-year to ₹5,910.6 crore from ₹4,237.3 crore in the same period last year. On a sequential basis, NII rose 25.9% from ₹4,694.2 crore in Q3.
The company’s profit after tax (PAT) came in at ₹5,108.95 crore, up 23.5% YoY from ₹4,135.45 crore and 23% QoQ from ₹4,154.9 crore, supported by a strong yield and higher operating profit.
Operating profit for the quarter stood at ₹6,546 crore, up 39.8% YoY and 27% QoQ, driven by 7.8% QoQ AUM growth and 10.5% QoQ growth in interest income.
Other income jumped to ₹1,222.2 crore, marking a rise of 61.8% YoY and 92.4% QoQ. Operating expenses also spiked sharply to ₹586.8 crore, up 89.45% YoY and 234% QoQ.
Provisions for the quarter stood at ₹444.7 crore, significantly higher than ₹74.5 crore in the previous quarter and a reversal of ₹337 crore seen in Q4 FY24.
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