‹ All Posts
Sneha Jain

13th Feb 2025 · SEBI-Registered Analyst

Power Finance Q3 results: Profit up 23% at Rs 7,760 cr, dividend declared

PFC
Consolidated revenue from operations increased by 14% year-on-year, reaching ₹26,798.04 crore, up from ₹23,571.83 crore. Net Interest Income (NII), which is the difference between interest earned and interest paid, grew by 12.9% year-on-year to ₹4,694 crore, compared to ₹4,158 crore in Q3FY24. Asset quality remained stable, with gross non-performing assets (GNPA) at 2.68%, slightly improving from 2.71% in the previous quarter. Net NPA (NNPA) stood at 0.71%, compared to 0.72% in Q2FY25. The company reported a consolidated net profit of ₹7,759.56 crore for Q3 of FY25, up from ₹6,294.44 crore in the same period last year.

#StockInNews#FundamentalViews