Power Finance Corporation Ltd. (PFC) announced its FY15 results on 28.05.2015.
Profit After Tax: PFC’s PAT has increased to Rs. 5,959 crores for FY15 as compared to PAT of Rs. 5,418 crores for FY14, thereby registering an increase of 10%.
Total Income: Total Income for the FY15 has increased to Rs. 24,907 crores from Rs. 21,338 crores, an increase of 17%.
Net Interest Income(NII): NII during FY15 increased to Rs. 9,872 crores from Rs. 8,480 crores, an increase of 16%.
Loan Assets : Loan Assets at the end of FY15 increased to Rs. 2,17,042 crores from Rs. 1,88,753 crores, an increase of 15%.
Networth^ : Net worth at the end of FY15 increased to Rs.29,245 crores from Rs.25,098 crores, an increase of 17%.
NPA Level: As at 31st March, 2015, Net NPAs, as a % of Loan Assets stood at 0.87%.
Sanctions: Sanctions for FY15 are Rs. 60,784 crores against target of Rs. 55,000 crores.
Capital Adequacy Ratio: As at 31st March, 2015, PFC’s Capital Adequacy Ratio stood at 20.34%.
2. MAJOR LOANS SANCTIONED DURING FY 15
| Sl.No. | Description | Sanction Amount ( Rs. in crores) |
| 1 | 660 MW TPS Of U.P. Rajya Vidyut Utpadan Nigam Ltd. at Panki Extn. | 3,770 |
| 2 | 1000 MW Hydro Electric Project of Chenab Valley Power Projects Pvt. Ltd. | 3,178 |
| 3 | Regulatory Assets Loan of BSES Rajdhani Power Ltd., Delhi | 3,008 |
| 4 | 1000 MW TPP Of Neyveli Lignite Corporation Limited at Neyveli, Tamil Nadu | 3,000 |
| 5 | Regulatory Assets of WB State Electricity Distribution Co. Ltd. | 1,900 |
^ Based on Share capital + Free reserves
