New Delhi, May 21 -- Power Finance Corporation (PFC), the state-run financier, on Wednesday reported a consolidated net profit of Rs.8,358 crore for the fourth quarter of FY26, registering a growth of 10.6% from Rs.7,556.4 crore in the corresponding quarter of last fiscal year.
PFC's net interest income (NII) in Q4FY25 increased 41% to Rs.12,681 crore from Rs.8,987.7 crore, year-on-year (YoY).
The board of directors of Power Finance Corporation also recommended a final dividend of Rs.2.05 per equity share, on the face value of the paid-up equity shares of Rs.10 each for the FY 2024-25, subject to approval of shareholders in the ensuing Annual General Meeting.
This is in addition to the interim dividends of Rs.13.75 per equity share for...
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