Power Finance (PFC) Q3 24/25 earnings summary

Executive summary

• Consolidated profit after tax for nine months FY 2025 reached ₹22,157 crore, up 17% year-on-year, with standalone net profit at ₹12,243 crore, a 20% increase.

• Consolidated loan asset book grew 12% year-on-year to ₹10,69,436 crore.

• Interim dividend of ₹10.25 per share declared for FY 2025.

• Standalone net worth increased 15% to ₹88,363 crore.

• Unaudited financial results for the nine months ended 31 December 2024 were reviewed and approved by the Board.

Financial highlights

• Standalone net profit for Q3 FY25: ₹4,154.92 crore; consolidated net profit for Q3 FY25: ₹7,759.56 crore.

• Standalone total income for nine months: ₹38,184.08 crore; consolidated total income: ₹77,313.25 crore.

• Net interest income for nine months FY25: consolidated ₹28,239 crore, standalone ₹13,430 crore.

• Basic EPS (consolidated) for nine months: ₹50.53.

• Interim dividend of ₹3.50 per share declared in Q3, totaling ₹10.25 per share for FY25.

Outlook and guidance

• Guidance maintained for loan growth at 12-14%, with Q4 disbursements expected to ramp up, focusing on distribution and renewables.

• Resolution of KSK Mahanadi loan (₹3,300 crore) in advanced stages, expected to reduce gross NPA ratio to around 2%.

• Funding secured from JBIC (JPY 120 billion) to support renewable energy portfolio.

• No forward-looking guidance provided in statutory filings, but continued focus on lending to power, logistics, and infrastructure sectors.