Power Finance Corporation Announces Financial Results for FY 2024-25, Registers Record Annual Profit
by Prashant Kapadia/NHN
Mumbai,May 2025: Power Finance Corporation Ltd. (PFC) under the Ministry of Power announced its audited financial results for the financial year 2024–25 at an event held in Mumbai today, May 21, 2025. Continuing its robust performance trajectory, PFC has registered its highest-ever annual profit, underscoring its leadership and resilience in the Indian financial sector.
Speaking at the event, Chairperson and Managing Director, PFC, Ms. Parminder Chopra stated, “PFC has consistently set new standards as India’s highest profit-making NBFC, both on a consolidated and standalone basis. Our continued focus on sustainable growth that is Realistic, Resilient, and Robust has led to another year of outstanding financial performance. A 13% expansion in our loan portfolio is a testament to our commitment to empowering the power and infrastructure sectors. Our strong dividend distribution reflects our dedication to shareholder value
The highlights are as given below.
Consolidated Financial Highlights
PFC Group registered the highest annual Profit After Tax (PAT) with 15% increase – Rs. 26,461 crores in FY’24 to Rs. 30,514 crores in FY’25.
PFC Group continues to be the largest NBFC Group in India with total balance sheet size of over 11.70 lakh crores.
The consolidated loan asset book crosses Rs. 11 lakh crores and registered a growth of 12% from Rs. 9,90,824 crores as on 31.03.2024 to Rs. 11,09,996 crores as on 31.03.2025
Consolidated Net worth (including non-controlling interest) increased by 16% – Rs. 1,34,289 crores as on 31.03.2024 to Rs. 1,55,155 crores as on 31.03.2025
The consolidated Gross NPA reaches below 2% and is at 1.64% in FY’25 vs. 3.02% in FY’24.
Owing to active resolution efforts, consolidated Net NPA has reached its lowest level at 0.38% in FY’25 from 0.85% in FY’24.
Stand Alone Financial Highlights
21% impressive increase registered in Standalone Profit After Tax from Rs. 14,367 crores in FY’24 to Rs. 17,352 crores in FY’25. With this, PFC continues to maintain its position as the highest profit making NBFC in India.
24% increase registered in Quarterly PAT from Rs. 4,135 crores in Q4’24 to Rs. 5,109 crores in Q4’25.
Final dividend of Rs. 2.05 per share proposed by Board in Q4’25. With this, PFC has given a total dividend of Rs. 15.80 per share for FY 25.
Double-digit growth of 12.81% witnessed in loan asset book- from Rs. 4,81,462 crores as on 31.03.2024 to Rs.5,43,120 crores as on 31.03.2025.
Renewable book crosses Rs. 80,000 crores milestone and is at Rs. 81,031 crores as on 31.03.2025, registering an increase of 35% from last financial year.
PFC’s net worth has surpassed the Rs. 90,000 cr. mark and now stands at Rs. 90,937 crores as on 31.03.2025, an increase of 15% from 31.03.2024.
With successful resolution of KSK Mahanadi, the asset quality has further improved with Net NPA ratio reduced to less than half a percentage at 0.39% in FY’25 vs. 0.85% in FY’24.
The Gross NPA saw a significant reduction of 140 bps viz-a-viz FY’24 and is at 1.94% for FY’25.
PFC continues to lead the way in clean energy financing with the largest renewable loan book in the country, now exceeding Rs. 80,000 crores — a remarkable 35% year-on-year growth. PFC remains committed to financing a greener, stronger, and more sustainable India.