PFC delivers highest consolidated Profit of Rs 25,229 cr. in Q2 FY 23

PFC Group delivers the highest ever consolidated Profit After Tax (PAT) of 25,229 cr. in Q2'23.

PFC delivers highest consolidated Profit of Rs 25,229 cr. in Q2 FY 23

New Delhi: Power Finance Corporation Ltd, a Maharatna Company, and Indian central public sector undertaking (CPSE) under Power Ministry reported the second quarter for the current fiscal year. 

Highlishts: 

CONSOLIDATED

-PFC Group delivers the highest ever consolidated Profit After Tax (PAT) of 25,229 cr. in Q2'23.

-The consolidated net worth crossed 1 lakh cr. mark and stood at 1,02,280 cr. (including non-controlling interest).

-The consolidated Net NPA ratio saw a 45 bps reduction from 1.72% in H1'22 to 1.27% in H1'23

STANDALONE

-Till date, PFC has sanctioned Rs 45,524 cr. and disbursed Rs 6,610 cr. to Discoms for clearance of dues under the LPS Rules.

-Interim dividend of 3 per share declared in Q2'23, taking cumulative interim dividend this financial year to 5.25 per share.

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