Power Finance Corporation (PFC) reported a 23% year-on-year (YoY) rise in net profit to ₹7,759.56 crore for the third quarter of FY25, compared to ₹6,294.44 crore in the same period last year. The growth in profitability was supported by higher interest income and lower impairment costs.
Key Financial Highlights (Q3 FY25 vs Q3 FY24)
- Revenue from Operations: ₹26,798.04 crore, up 13.7% YoY from ₹23,571.83 crore.
- Net Profit: ₹7,759.56 crore, rising 23.2% YoY from ₹6,294.44 crore.
- Total Income: ₹26,821.84 crore, compared to ₹23,593.40 crore in Q3 FY24.
- Profit Before Tax (PBT): ₹9,816.30 crore, up 23.3% YoY from ₹7,961.32 crore.
- Total Expenses: ₹17,005.55 crore, rising 8.8% YoY from ₹15,632.08 crore.
- Tax Expense: ₹2,056.74 crore, up from ₹1,666.88 crore in Q3 FY24.
Business Performance & Key Drivers
The increase in revenue was largely driven by a growth in interest income, which rose to ₹26,400.27 crore from ₹23,283.63 crore YoY. The company’s dividend income also increased to ₹44.37 crore, reflecting higher returns on investments.
