State-owned Power Finance Corporation Ltd (PFC) saw its shares rise by 4.08% to ₹467.75 on the NSE as of 9:35 am, following the announcement of its Q2 FY25 financial results, which demonstrated strong growth in both revenue and net profit.
Key Financial Highlights for Q2 FY25
- Net Profit: PFC reported a net profit of ₹7,215 crore, an 8.9% increase year-on-year from ₹6,628.2 crore in Q2 FY24.
- Revenue from Operations: Revenue grew by 15% to ₹25,721.8 crore, compared to ₹22,374.6 crore in the same period last year.
- EBITDA: Operating EBITDA rose 10.5% to ₹25,354.2 crore, up from ₹22,942.4 crore in Q2 FY24, showcasing the company’s operational strength.
Dividend Announcement
The board has approved a second interim dividend of ₹3.50 per equity share (35%) for FY 2024-25, further enhancing returns for shareholders.
PFC’s robust performance and dividend announcement have contributed to its position as a leading large-cap gainer today.
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