Net profit of Power Finance Corporation rose 20.26% to Rs 5624.36 crore in the quarter ended March 2024 as against Rs 4676.71 crore during the previous quarter ended March 2023. Sales rose 21.10% to Rs 24064.14 crore in the quarter ended March 2024 as against Rs 19871.84 crore during the previous quarter ended March 2023.For the full year,net profit rose 24.37% to Rs 19761.16 crore in the year ended March 2024 as against Rs 15889.33 crore during the previous year ended March 2023. Sales rose 17.30% to Rs 90495.28 crore in the year ended March 2024 as against Rs 77147.72 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales24064.1419871.84 21 90495.2877147.72 17 OPM %102.76102.66 -101.1495.28 - PBDT9611.857776.06 24 33641.5226547.87 27 PBT9597.007761.82 24 33588.1226496.07 27 NP5624.364676.71 20 19761.1615889.33 24 Powered by Capital Market - Live News

Power Finance Corporation announced that the Board of Directors of the Company at its meeting held on 15 May 2024, has recommended a Final dividend of Rs.2.50 per share (i.e.25%), subject to the approval of the shareholders.Powered by Capital Market - Live News

The Board of Power Finance Corporation at its meeting held on 15 May 2024 has approved the appointment of Sandeep Kumar, Executive Director, PFC has been appointed as Chief Financial Officer(CFO) of the Company with immediate effect, vice Parminder Chopra, Chairman & Managing Director holding Additional Charge of Director (Finance) earlier appointed as Chief Financial Officer on 08 November. 2023Powered by Capital Market - Live News

Power Finance Corporation will hold a meeting of the Board of Directors of the Company on 15 May 2024.Powered by Capital Market - Live News

Power Finance Corporation announced that the Board of Directors of the Company at its meeting held on 11 March 2024, has recommended a Third Interim dividend of Rs.3 per share (i.e.30%), subject to the approval of the shareholders.Powered by Capital Market - Live News