New Delhi, Feb 11 Power Finance Corporation announced its results for Q3 and 9 months results today.
The company registered 21% increase in Standalone Profit After Tax from 9M’21 – PAT at Rs. 7,412 cr. for 9M’22.vs.Rs.6,117 cr. for 9M’21.
Company declared Interim Dividend of Rs. 6 per share declared in Q3’22. Thus, so far PFC has given an interim dividend of Rs.10.75 per share.
The company registered Healthy CRAR quarter on quarter. CRAR as on 31.12.2021 is 22.68% with Tier I capital of 19.07% and Tier II capital of 3.61%
The company 9 months results showed 23% increase in Consolidated Profit After Tax from 9M’21 – PAT at Rs. 14,483 cr. for 9M’22.vs.Rs.11,810 cr. for 9M’21
There was 7% increase in revenue from operations from 9M’21- Revenue from operations at Rs. 57,409 cr. for 9M’22
Net Interest Income increased by 16% 9M’21 at Rs. 22,843 cr. for 9M’22 vs.Rs.19,678 cr. for 9M’21
PFC recently has been awarded the prestigious ICAI (Institute of Chartered Accountants of India) silver award for excellence in financial reporting for the financial year 2020-21 in ‘Public Sector Entities’ category.
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