Power Finance Corporation Ltd. (PFC), a Maharatna Central Public Sector Enterprise under the Ministry of Power, Government of India, has announced its consolidated and standalone financial results for the fourth quarter and full financial year ending March 31, 2025. The company has delivered a landmark performance, recording its highest-ever annual Profit After Tax (PAT), underscoring its position as India’s most profitable and largest non-banking financial company (NBFC).
For the consolidated results, PFC Group posted a record PAT of ₹30,514 crores in FY25, marking a 15% increase from ₹26,461 crores in FY24. The Group’s total balance sheet size expanded to over ₹11.70 lakh crores, reinforcing its stature as the largest NBFC Group in India. The consolidated loan asset book saw a healthy growth of 12%, rising from ₹9,90,824 crores as on March 31, 2024 to ₹11,09,996 crores as on March 31, 2025. The consolidated net worth, including non-controlling interest, grew by 16% to reach ₹1,55,155 crores. Reflecting strong credit discipline and resolution efforts, the consolidated gross Non-Performing Asset (NPA) ratio declined significantly to 1.64%, down from 3.02% in FY24, while the net NPA ratio reached its lowest level at 0.38%, compared to 0.85% the previous year.
On a standalone basis, PFC registered a 21% increase in PAT, reaching ₹17,352 crores in FY25 compared to ₹14,367 crores in FY24. The fourth quarter PAT alone rose by 24%, from ₹4,135 crores in Q4 FY24 to ₹5,109 crores in Q4 FY25. The Board has proposed a final dividend of ₹2.05 per share, bringing the total dividend payout for the year to ₹15.80 per share. The company’s loan asset book on a standalone basis grew by 12.81%, increasing from ₹4,81,462 crores to ₹5,43,120 crores. A notable highlight is the expansion of PFC’s renewable energy portfolio, which crossed the ₹80,000 crore milestone to stand at ₹81,031 crores as of March 31, 2025—registering a substantial 35% year-on-year growth. The company’s standalone net worth also crossed the ₹90,000 crore threshold, now standing at ₹90,937 crores, representing a 15% increase from the previous year.
Commenting on the company’s financial performance, Ms. Parminder Chopra, Chairman and Managing Director of PFC, said,
“PFC continues to set new benchmarks as India’s highest profit-making NBFC—both on a consolidated and standalone basis. Our strategy of delivering sustainable growth that is realistic, resilient, and robust has translated into another year of outstanding performance. With a 13% increase in our loan portfolio, we are powering India’s power and infrastructure sectors with financial confidence and operational stability.”
She further added,
“Maximizing shareholder value remains at the core of our strategy, as reflected in the Board’s decision to recommend a final dividend of ₹2.05 per share, taking the total dividend for FY25 to ₹15.80. PFC is also leading the way in clean energy financing, with the country’s largest renewable loan book, which has now grown by 35% year-on-year to exceed ₹80,000 crores. We remain firmly committed to financing a greener, stronger, and more sustainable India.”
Mr. Sandeep Kumar, Director (Finance) at PFC, also highlighted the achievements of the fiscal year.
“FY25 has been a landmark year for PFC, with the highest-ever profit of ₹17,352 crores, representing a 21% growth. This milestone has been achieved through sound financial management and operational excellence. The successful resolution of legacy accounts, particularly KSK Mahanadi, has contributed significantly to asset quality improvement, with net NPAs falling sharply to 0.39% from 0.85%. These results reaffirm our commitment to financial prudence, operational efficiency, and value creation for our stakeholders.”
With its continued financial strength, strategic investment in clean energy, and a focus on operational excellence, PFC is poised to maintain its leadership position in financing India’s critical infrastructure and power needs, while also contributing significantly to the country’s transition to sustainable energy solutions.
