logo
PFC Group reports ₹30,514 crore PAT in FY25, up 15%; standalone profit rises 21%

PFC Group reports ₹30,514 crore PAT in FY25, up 15%; standalone profit rises 21%

Time of India21-05-2025
New Delhi:
Power Finance Corporation
(PFC) Group reported a 15 per cent increase in profit after tax (PAT) at ₹30,514 crore for the financial year 2024-25, compared to ₹26,461 crore in FY24. The company's consolidated loan asset book rose 12 per cent to ₹11,09,996 crore from ₹9,90,824 crore.
PFC's consolidated net worth, including non-controlling interest, increased by 16 per cent to ₹1,55,155 crore as on March 31, 2025, from ₹1,34,289 crore in the previous year. The Group's consolidated gross NPA declined to 1.64 per cent in FY25 from 3.02 per cent in FY24. Net NPA dropped to 0.38 per cent from 0.85 per cent.
On a standalone basis, PAT rose 21 per cent to ₹17,352 crore in FY25 from ₹14,367 crore in FY24. In the fourth quarter, standalone PAT stood at ₹5,109 crore, up from ₹4,135 crore in Q4FY24. The board proposed a final dividend of ₹2.05 per share for Q4, taking the total dividend for FY25 to ₹15.80 per share.
PFC's standalone loan book increased 12.81 per cent to ₹5,43,120 crore as on March 31, 2025, from ₹4,81,462 crore. The renewable loan book grew 35 per cent year-on-year to ₹81,031 crore. Net worth on a standalone basis rose to ₹90,937 crore, a 15 per cent increase from ₹79,052 crore.
The gross NPA on a standalone basis declined by 140 basis points to 1.94 per cent in FY25 from 3.34 per cent in FY24. Net NPA dropped to 0.39 per cent from 0.85 per cent following the resolution of the KSK Mahanadi project.
Commenting on the performance, CMD Parminder Chopra said, 'PFC continues to set new benchmarks as India's highest profit-making NBFC — both on a consolidated and standalone basis. With a focus on delivering sustainable growth that is Realistic, Resilient, and Robust, we have delivered yet another year of strong financial performance.'
She added, 'We are powering India's power and infrastructure sector with confidence and stability. PFC continues to lead the way in clean energy financing with the largest renewable loan book in the country, now exceeding ₹80,000 crore — a 35 per cent year-on-year growth.'
Director (Finance) Sandeep Kumar said, 'FY25 has been a landmark year for PFC, delivering our highest-ever profit — a 21 per cent increase to ₹17,352 crore — driven by strong financial and operational excellence.'
He added, 'The successful resolution of KSK Mahanadi has been instrumental in further strengthening our asset quality, with Net NPAs sharply declining to 0.39 per cent from 0.85 per cent.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Falcon scam: Special PMLA Court give ED custody of accused in Hyderabad
Falcon scam: Special PMLA Court give ED custody of accused in Hyderabad

New Indian Express

time6 hours ago

  • New Indian Express

Falcon scam: Special PMLA Court give ED custody of accused in Hyderabad

HYDERABAD: The Special PMLA Court, Hyderabad, on Tuesday granted the Directorate of Enforcement (ED) three days' custody of Sandeep Kumar, arrested on July 31 in connection with a Rs 792 crore scam linked to Capital Protection Force Pvt Ltd, Amardeep Kumar and others. The ED's probe, based on three FIRs filed by the Cyberabad police's Economic Offences Wing, found that the company, under its 'Falcon invoice discounting scheme', lured investors with promises of high returns but never repaid them. The scheme, created by mastermind Amardeep Kumar through the Falcon invoice app, allegedly involved no real invoice discounting. Investigators allege the proceeds of crime were diverted to buy equity shares, fund companies, purchase an aircraft, gamble in casinos and acquire properties in the name of Amardeep Kumar and his family. Of these funds, Rs 4.85 crore was transferred to Sandeep Kumar, who allegedly used them for his businesses and property purchases. Earlier, the ED had attached assets worth Rs 18.14 crore, including Rs 7.65 crore linked to Sandeep Kumar.

ED gets three-day custody of accused in ₹792 crore scam
ED gets three-day custody of accused in ₹792 crore scam

The Hindu

timea day ago

  • The Hindu

ED gets three-day custody of accused in ₹792 crore scam

The Special PMLA Court in Hyderabad has granted the Enforcement Directorate (ED) three days' custody of Sandeep Kumar in connection with the ₹792 crore fraud allegedly orchestrated by Hyderabad-based Capital Protection Force Pvt. Ltd. and its director Amardeep Kumar. Sandeep Kumar was arrested by the ED on July 31, 2025 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, as part of an ongoing probe into alleged financial crimes involving the company, its director Amardeep Kumar, and others. He was initially produced before the court on August 1 and remanded to judicial custody for 14 days before the ED sought his interrogation. The investigation stems from three FIRs registered by the Economic Offences Wing (EOW) of Cyberabad police, which accused the company and its associates of duping investors with promises of high returns. According to the ED, Amardeep Kumar masterminded the Falcon invoice discounting scheme, attracting investments under the pretext of funding invoice discounting and offering returns based on the discounted invoices. However, investigators found no evidence of legitimate invoice discounting and alleged that investors were defrauded of approximately ₹792 crore. The ED said the proceeds of crime were channelled into equity shares of several companies, loans, the purchase of an aircraft, high-value casino spending, and real estate acquisitions in the names of Amardeep Kumar and his family members. Of these proceeds, about ₹4.85 crore was allegedly transferred to Sandeep Kumar's bank account. Officials said he played an active role in managing companies owned and controlled by his brother and served as a director in M/s Falcon Capital Ventures Pvt. Ltd. and M/s Swastik Ghee Pvt. Ltd., which together received ₹5.74 crore in illicit funds. The money was allegedly used for business operations and to purchase immovable properties. The ED has already attached assets worth ₹18.14 crore in the case, including properties valued at ₹7.65 crore linked to Sandeep Kumar. Further investigation is under way.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store