PSU NEWS
PFC PAYS AN ALL TIME HIGH DIVIDEND OF RS 681 CR TO GOI
NEW DELHI . Shri Jyotiraditya M. Scindia, Union Minister of State for Power (Independent Charge) was presented a cheque of Rs. 97.30 Crore by Shri
M.K. Goel, Chairman and Managing Director, Power Finance Corporation Ltd on 26th September, 2013.towards final Dividend for the FY 2012-13 to
With the above, Power Finance Corporation Limited paid an all time-high Dividend of Rs.681.10 crore to Govt. of India for the financial year 2012-13.
PFC is a profit-making PSU since its inception and regularly paying dividend to its shareholders since 1993-94. PFC earned a Net Profit of Rs.4420
Crore for the FY2012-13 which is an increase of 46% compared to the PAT earned during FY2011-12.
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