Power Finance Corporation Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Power Finance Corporation Ltd reported a 4.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 13.7%.
- Its expenses for the quarter were up by 2.2% QoQ and 11.1% YoY.
- The net profit increased 7.5% QoQ and increased 23.3% YoY.
- The earnings per share (EPS) of Power Finance Corporation Ltd stood at 17.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 26821.84 | 25754.73 | 23593.40 | 4.1% | 13.7% |
Total Expenses | 17014.46 | 16649.21 | 15313.08 | 2.2% | 11.1% |
Profit Before Tax | 9816.30 | 9367.86 | 7961.32 | 4.8% | 23.3% |
Tax | 2056.74 | 2152.96 | 1666.88 | -4.5% | 23.4% |
Profit After Tax | 7759.56 | 7214.90 | 6294.44 | 7.5% | 23.3% |
Earnings Per Share | 17.70 | 16.10 | 14.30 | 9.9% | 23.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Power Finance Corporation Ltd (PFC) is a leading financial institution in India, primarily focused on providing financial assistance to the power sector. The company plays a significant role in funding various power projects across the country, including generation, transmission, and distribution. PFC is a key player in the industry and has been instrumental in supporting the development and expansion of India's power infrastructure. The company offers a range of financial products and services, including long-term loans, short-term loans, lease financing, and consultancy services for power projects. As of the latest updates, PFC continues to be engaged in initiatives that support the growth and sustainability of the power sector, although specific recent developments are not detailed in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Power Finance Corporation Ltd reported a total income of ₹26,821.84 crores. This represents an increase of 4.1% compared to the previous quarter (Q2FY25), where the total income was ₹25,754.73 crores. On a year-over-year basis, the total income saw a substantial increase of 13.7% from ₹23,593.40 crores in Q3FY24. The growth in total income indicates an upward trend in revenue generation for the company over both quarterly and yearly comparisons. This growth reflects the company's capacity to increase its financial inflows, which could be attributed to its lending activities and interest income from its financial products.
Profitability
The profitability of Power Finance Corporation Ltd for Q3FY25 is highlighted by a Profit Before Tax (PBT) of ₹9,816.30 crores, marking an increase of 4.8% from the previous quarter's PBT of ₹9,367.86 crores. On a year-over-year basis, the PBT grew by 23.3% from ₹7,961.32 crores in Q3FY24. The company's Profit After Tax (PAT) for Q3FY25 was reported at ₹7,759.56 crores, which is an enhancement of 7.5% compared to the PAT of ₹7,214.90 crores in Q2FY25, and a significant increase of 23.3% from the ₹6,294.44 crores reported in Q3FY24. The tax expense in Q3FY25 was ₹2,056.74 crores, showing a decrease of 4.5% from the previous quarter, while it increased by 23.4% compared to the previous year. These figures demonstrate the company's ability to maintain robust profitability with significant growth in its earnings over both the quarterly and annual periods.
Operating Metrics
The Earnings Per Share (EPS) for Power Finance Corporation Ltd in Q3FY25 was ₹17.70, indicating a growth of 9.9% from the previous quarter's EPS of ₹16.10. This also represents a notable increase of 23.8% from the EPS of ₹14.30 reported in Q3FY24. The company's total expenses for Q3FY25 were ₹17,014.46 crores, which reflects a modest increase of 2.2% compared to ₹16,649.21 crores in Q2FY25, and an increase of 11.1% from ₹15,313.08 crores in Q3FY24. The disparity between the rate of increase in income and expenses suggests efficient cost management practices. Overall, these operating metrics showcase the company's effective management of its financial resources and its ability to enhance shareholder value through improved earnings per share.
