State-owned Power Finance Corporation (PFC) has reported a robust financial performance for the April-June quarter of 2024-25, with a notable increase in net profit and net interest income.
Financial Highlights
- Net Profit: ₹3,718 crore, up 24% from ₹3,006.9 crore in the same period last year.
- Net Interest Income (NII): ₹4,328 crore, marking a 23.5% rise from ₹3,503.3 crore in the previous year.
Dividend Declaration
- Interim Dividend: ₹3.25 per equity share.
- Record Date: August 30, 2024.
- Payment Date: On or before September 5, 2024.
| Metric | Q1 FY25 | Q1 FY24 | Change |
|---|---|---|---|
| Net Profit | ₹3,718 crore | ₹3,006.9 crore | +24% |
| Net Interest Income (NII) | ₹4,328 crore | ₹3,503.3 crore | +23.5% |
| Interim Dividend | ₹3.25 per share | – | – |
| Record Date for Dividend | August 30, 2024 | – | – |
| Payment Date | On or before September 5, 2024 | – | – |
This increase in profit reflects strong financial health and efficient management, providing positive returns to shareholders through the declared dividend.
