Power Finance Corporation Earnings Call Transcripts
Fiscal Year 2026
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Profit after tax rose 17% year-over-year in H1 FY26, with strong loan book growth and improved asset quality. Margins remain stable despite forex losses and competitive pressures, while the company maintains robust capital adequacy and continues to expand in renewables.
Fiscal Year 2025
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Profit after tax rose 17% year-on-year to INR 22,157 crores, with loan book growth of 12%. Asset quality improved, and renewable portfolio expanded 28%. Guidance for loan growth is maintained, with Q4 disbursements expected to be strong.
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Net profit and loan assets grew strongly year-on-year, with record low NPA ratios and robust disbursements. Asset quality improved through major resolutions, and margins, capital adequacy, and dividend payouts remain strong. Growth guidance for FY25 is maintained at 14%.
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Q1 FY25 saw 20% YoY profit growth and a 13% rise in the loan book, with asset quality improving and margins stable. Disbursements were steady, and the company remains focused on distribution, renewables, and gradual infrastructure expansion.