PFC pays Dividend of 91% ti its Shareholders.
NEW DELHI . Power Finance Corporation Ltd presented a cheque of Rs. 53.69 crore towards Final Dividend for FY 2014-15 @ 6% of the Govt. of India`s Share Holding in the Company. The cheque was presented to Shri Piyush Goyal, Union Minister of State (I/c) for Power, Coal & New Renewable Energy by Shri M.K. Goel, CMD, PFC.
PFC had earlier paid an interim dividend of Rs.816.81 crores @ 85% of the Govt`s shareholding of the Company for FY 2014-15 thereby making a total dividend amount of Rs. 870.50 crores paid to Govt. of India for the FY 2014-15. Thus, PFC has paid a total dividend @91% of the paid-up capital to its shareholders for 2014-15. During FY 2014-15 PFC earned Profit After Tax of RS. 5,959 Cores.
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