Power Finance Corporation (pfc)

Dividend, bonus-issue alert! Keep an eye on these 3 stocks to reap benefits

HDFC AMC will attract attention as the company has announced a bonus issue for its shareholders, while PFC and Shyamkamal Investments have declared dividends for their eligible shareholders

Power Finance Q1 results: Profit rises 24% at ₹6,866 cr, dividend declared

Power Finance Corporation's board of directors approved an interim dividend of ₹3.70 per share for FY26

Adani Ent, & 19 others to go ex-date on June 13 for dividend, bonus, rights

Ex-date for dividend, bonus, rights issue: The ex-date marks the day a stock starts trading without the eligibility for dividends, bonus shares, stock splits, or rights issues

PFC Q4 results: PAT rises 11% to Rs 8,358 crore, dividend at Rs 2.05/share

State-owned Power Finance Corporation on Wednesday posted an 11 per cent rise in its consolidated net profit to Rs 8,357.88 crore for the quarter ended March 31, mainly on the back of higher interest income. The company had posted a net profit of Rs 7,556.43 crore in the corresponding quarter of the previous fiscal, according to a regulatory filing. Total income rose to Rs 29,285.45 crore in the quarter under review, from Rs 24,176.34 crore in the same period a year ago. The interest income in the quarter rose to Rs 28,676.15 crore from Rs 23,891.19 crore in same period a year ago. During FY25, the consolidated net profit rose to Rs 30,514.40 crore from Rs 26,461.18 crore in the previous financial year. Total income in the fiscal year increased to Rs 1,06,598.70 crore, from Rs 91,174.87 crore a year ago. The board recommended a final dividend of Rs 2.05 per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of Rs 10 each for the FY 2024-2

Maha govt to guarantee PFCL's Rs 10K cr loan for Mumbai infra projects

The Maharashtra Government will stand guarantor for a Rs 10,000 crore loan advanced by the Power Finance Corporation Ltd (PFCL) for infrastructure development projects in the Mumbai Metropolitan Region (MMR), officials said on Wednesday. A Government Resolution (GR) or order issued by the state finance department said the cabinet had approved the loan to be taken on government guarantee for 2024-25. As financial year 2024-25 is over, a fresh guarantee was being given subject to another cabinet approval. If there is a delay in repayment of loan by the Mumbai Metropolitan Region Development Authority (MMRDA), the government is not liable for any penalty, it said. MMRDA will be the principal debtor, and it will apprise the urban development and finance ministry of the repayment situation on a monthly basis. The government has allowed the MMRDA to raise loans of up to Rs 60,000 crore for ongoing and proposed infrastructure development projects in the MMR. So far the government has ...

PFC board okays Rs 1.4 trn borrowing, Rs 3.5 per share interim dividend

State-owned Power Finance Corporation on Wednesday said its board has approved Rs 1,40,000 crore borrowing plan for 2025-26 and also approved fourth interim dividend of Rs 3.5 per share for 2024-25. The Board of Directors of Power Finance Corporation Ltd. (PFC), in its meeting held on March 12, 2025, approved a total borrowing of Rs 1,40,000 crore for 2025-26, a regulatory filing stated. The board also approved declaration of fourth interim dividend at the rate of Rs 3.50 per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of Rs 10 each for 2024-25. The board also approved the proposal to change the name of the company from Power Finance Corporation Limited to PFC Limited or any other name as may be approved by the Registrar of Companies (RoC). It also approved the consequential amendment to the Memorandum and Articles of Association of PFC, subject to requisite approvals from shareholders, the Reserve Bank of India (RBI), Stock Exchanges a

Death Cross Alert: 5 stocks on the verge of crashing; check details

SBI, ICICI Bank, HDFC AMC among 5 financial stocks that can fall up to 15% as Fin Nifty sees 'Death Cross' on the daily chart for the first time since September 2022.

PFC share rises 5% as Q3 profit zooms 23%; Analysts positive on Q4 growth

Motilal Oswal sees decent visibility for loan and earnings growth, as well as continued progress on stressed asset resolutions

Power Finance Q3 results: Profit up 23% at Rs 7,760 cr, dividend declared

Power Finance Corporation Q3 results: The company has declared a third interim dividend of Rs 3.50 per equity share for FY25

PFC signs 120 bn yen loan pact with Japan's JBIC for RE project

State-owned PFC on Thursday said it has inked an agreement with Japan Bank for International Cooperation (JBIC) for 120 billion Japanese yen (around Rs 6,600 crore) loan facility. According to a PFC statement, under the agreement signed on Wednesday, JBIC will provide funding of JPY 72 billion, and the balance will be funded by commercial banks. This long-term (up to 20 years ) loan to PFC will be provided under JBIC's initiative 'Global action for Reconciling Economic growth and Environmental preservation' (GREEN). The funds will be utilized by PFC to finance its renewable energy portfolio, advancing India's transition to non-fossil-fuel-based energy sources. This deal marks the largest green financing agreement ever executed by JBIC with any company in India. The loan agreement was signed by Parminder Chopra, Chairman and Managing Director, PFC and Ogawa Kazunori, Senior Managing Director, JBIC in the presence of Takashi Ariyoshi, Minister & Deputy Chief of Mission, Embassy of .

PFC shares gain 9% after reporting Q2 results; declares Rs 3.5 dividend

The company declared a second interim dividend of Rs 3.5 per share and fixed the record date as November 25, 2024

PFC Q2 results: Profit up nearly 9% to Rs 7,215 cr on higher revenue

State-owned Power Finance Corporation (PFC) on Friday posted nearly 9 per cent rise in consolidated net profit at Rs 7,214.90 crore for September quarter mainly on the back of higher revenues. The company logged a profit of Rs 6,628.17 crore in the same period of FY24, according to a BSE filing. Total income rose to Rs 25,754.73 crore from Rs 22,387.32 crore a year ago. The company logged 14 per cent rise in consolidated Profit After Tax in April-September FY25, to Rs 14,397 crore from Rs 12,610 crore a year ago. Consolidated net worth (including non-controlling interest) increased by 17 per cent from Rs 1,23,703 crore as on September 30, 2023 to Rs 1,45,158 crore as at September-end this year. There was 13 per per cent growth in consolidated loan asset book, from Rs 9,23,724 crore as on September 30, 2023 to Rs 10,39,472 crore at September-end this year. Owing to concentrated resolution efforts, consolidated Net NPA (bad loans) reached its lowest level at 0.80 per cent in H1 FY2

PFC, REC gain up to 3% as UBS initiates 'buy' rating on high growth outlook

UBS believe REC and PFC's growth drivers and trajectory will be similar, with REC growing slightly ahead of PFC.

Ajit Mishra of Religare Broking recommends buying these stocks on August 29

PFC has registered a decisive breakout from the intermediate falling resistance trendline with strong volumes.

PFC secures 25.5 bn yen loan from JBIC to finance wind energy project

State-owned Power Finance Corporation (PFC) on Thursday said that it has secured a loan of 25.5 billion Japanese yen (around Rs 147 crore) from Japan Bank for International Cooperation (JBIC) for a wind energy project. This loan is part of JBIC's Global Action for Reconciling Economic Growth and Environmental Preservation (GREEN) initiative, a PFC statement said. According to the statement, PFC has secured a long-term loan of JPY 25.5 billion from the JBIC. In addition to JBIC's contribution, the loan is co-financed by Sumitomo Mitsui Banking Corporation and other Japanese banks. JBIC will also provide a guarantee for the portion of the loan co-financed by these private financial institutions. The loan proceeds will be used to finance 300.3 MW Wind Energy Project of Ostro Kannada Power Private Ltd (OKPPL) in Karnataka, India.

REC, PFC rally up to 4%, at new high in weak market; zoom over 200% in 1 yr

CRISIL Ratings believes REC will continue to benefit from government support, given its strategic role in the implementation of the government's power sector initiatives.

How to trade Modi stocks ahead of LS election results? Complete guide here

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Power Finance Corporation Q4 result: Net profit up 23% at Rs 7,556 cr

The company is expected to borrow around Rs 1 trillion to 1.20 trillion in the financial year

Shapoorji Pallonji Group seeks $1.2 billion loan from Power Finance Corp

As collateral for the initial loan, the SP Group pledged its 18 per cent stake in Tata Sons, the holding company of the Tata Group, according to reports

PFC pays highest-ever interim dividend of Rs 2,033 crore to govt for FY24

State-owned PFC on Wednesday said it has paid a total dividend of Rs 2,033 crore to the government for the financial year 2023-24. The company has paid the dividend in three instalments of Rs 554 crore, Rs 832 crore and Rs 647 crore, it said in a statement. "PFC pays the highest-ever interim dividend of Rs 2,033 crore to the Government of India for the FY24. The interim dividend RTGS (Real Time Gross Settlement) intimation advice was presented to RK Singh, Minister Power, New & Renewable Energy...by CMD Parminder Chopra," it noted. PFC has so far paid interim dividend amounting to Rs 3,630 crore to its shareholders for the financial year 2023-24, the highest-ever interim dividend paid by the company, the statement said. Power Finance Corporation (PFC) is a leading non-banking financial corporation under the Ministry of Power.