PFC PAYS AN ALL TIME HIGH DIVIDEND OF RS 681 CR TO GOI

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.

Read Also : ERES-XXXIX incorporated as wholly subsidiary of REC Power Development& consultancy Limited