PFC Q4 Result: Maharatna PSU’s Net Profit Surges 9.6% Annually To Rs 8358 Crore in Q4; Dividend Declared

PFC Q4 Result: Maharatna Public Sector Undertaking (PSU) on Wednesday reported a 9.58% increase in its net consolidated profit to Rs 8358 crore for the March quarter of the financial year 2024-25. The non-banking financial institution (NBFC) had announced a dividend for its shareholders.

PFC shares were trading 1.06% higher at Rs 410.9 per share on BSE on Wednesday. The company scrip had touched an intraday high mark of Rs 421.20 per share on BSE today. Its market capitalisation stood at Rs 1,35,601.18 crore.

PFC Q4 Result

PFC had announced a 9.58% increase in its net profit to Rs 8358 crore during the quarter under review. Its net consolidated profit stood at Rs 7556.43 crore during the same quarter of the financial year 2023-24. The company's total revenue from operations stood at Rs 29265.03 crore during the quarter under review. Its totla revenue from operations stood at Rs 24141 crore during Q4FY24.

PFC Net Interest Income And Interest Expense

PFC's net interest income surged to Rs 28,676 crore during the quarter under review against Rs 23,891 crore reported during the fourth quarter of FY24. Meanwhile, its net interest income for FY25 stood at Rs 1,05,001 crore. PFC's interest expense came in at Rs 16,584 crore against Rs 15,152 crore during Q4FY24.

35% YoY Increase in Renewable Loan Book

There has been a significant expansion of renewable energy loans in PFC's portfolio during FY25. According to the company's press release, PFC's renewable loan book crossed Rs 80,000 crores and is at Rs 81,031 crores as on 31 March 2025. PFC's renewable portfolio grew multifold in the last five years.

Amid the expansion of its loan portfolio and increase in net profit, PFC's net worth increased by 15% to Rs.90,937 crore against Rs.79,203 crore as on 31 March, 2024.

PFC Gross NPA Sinks Below 2%

Fuelled by continuously improving asset quality, PFC's net NPA stood at 0.39% in FY25.
Its gross non-performing asset (NPA) dipped below 2% to 1.94%. As per the company's press release, PFC had disbursed a total loan worth Rs 1,68,265 crore. Meanwhile, its loan assets stood at Rs 5,43,120 crore.

PFC's majority of project lending (77%) was made to the government sector entities, whereas exposure to private sector borrowers was limited to 23%.

PFC Q4 Result: Loan Segment Distribution

Transmission and distribution enjoys the biggest share in PFC's loan asset mix, ie of 48%. Value of loans and assets to renewable energy projects stood at Rs 81,031 crore, which is equal to 14% of PFC's total loan asset mix. Conventional generation consisted of 32% of the total loan asset mix.

Power Finance Corporation (PFC) Limited was established on July 16, 1986. The Maharatna CPSE functions under the Ministry of Power with its headquarters in New Delhi and branches operational in Mumbai and Chennai.

PFC has a vast experience and presence in power sector. The largest NBFC (in terms of net-worth) is known for its constant profit and consistent dividend announcements to shareholders, according to the company website.