
Power Finance Corporation (PFC) is preparing to declare its 4th interim dividend for the financial year ending March 31, 2025. The company has scheduled a board meeting on March 12, 2025, to discuss both fundraising strategies and the declaration of the interim dividend for FY 2024-25.
Key Highlights from PFC’s Board Meeting Agenda:
Raising Funds: PFC will discuss its market borrowing program for FY 2025-26, which includes bonds, term loans, and commercial papers from both domestic and international markets.
4th Interim Dividend: The board will decide on declaring another interim dividend for shareholders.
Stock Performance: PFC shares closed at ₹401.25 apiece last week, marking a 1.06% decline.
PFC Dividend History (FY 2024-25)
Interim Dividend | Dividend Per Share | Ex-Date |
---|---|---|
1st Interim Dividend | ₹3.25 | August 30, 2024 |
2nd Interim Dividend | ₹3.50 | November 11, 2024 |
3rd Interim Dividend | ₹3.50 | February 28, 2025 |
Annual Dividend Yield: 3.18%
PFC Q3FY25 Results: Strong Growth in Profit & Revenue
Power Finance Corporation reported a 23% jump in consolidated net profit, reaching ₹5,829 crore in Q3FY25, compared to ₹4,727 crore in the same quarter last year.
Key Financial Metrics:
- Revenue from operations: ₹26,798 crore (14% YoY growth)
- Previous year's Q3 revenue: ₹23,571 crore
The robust financial performance reflects PFC’s strong operational strategy and consistent growth trajectory.
About Power Finance Corporation (PFC)
Founded on July 16, 1986, Power Finance Corporation Ltd. is a Maharatna CPSE and one of India’s leading Non-Banking Financial Corporations (NBFCs).
Headquarters: New Delhi
Regional Offices: Mumbai & Chennai
With its strong financial standing and consistent dividend payouts, PFC remains an attractive option for investors looking for steady returns.
Stay tuned for updates on PFC’s 4th interim dividend declaration on March 12!