PFC generated Rs.12.48 billion ($149.8 million) in dividend income and ?500 million ($5.9 million) from fees and commissions during the quarter. It also distributed loans worth Rs.327.7 billion (~$3.93 billion) in Q2 FY25, highlighting the company’s significant role in financing infrastructure projects.

For the first half (1H) of FY 2024-25, PFC's net profit surged by 18% to Rs.80.88 billion ($970.6 million), while total income grew to Rs.251.32 billion ($3.02 billion), marking a 14.6% YoY increase. Loan disbursements for 1H skyrocketed by 155% YoY, reaching ?555.62 billion (~$6.67 billion).

PFC's renewable energy loan assets amounted to Rs.521.26 billion ($6.26 billion) as of September 30, 2024, with large hydro projects (>25 MW) accounting for ?156.64 billion ($1.88 billion), and solar, wind, and other renewables representing Rs.364.62 billion (~$4.38 billion).

The company’s asset quality also improved, with the Net Non-Performing Asset (NPA) ratio dropping from 1.27% to 0.72% YoY, and the gross NPA ratio declining to 2.71% from 4.38%.

PFC’s consolidated loan asset book reached Rs.9.24 trillion ($110.9 billion), a 20% YoY increase. The company also saw a 21% growth in its consolidated net worth, now at ?859.24 billion ($10.31 billion).

Chairperson and Managing Director Parminder Chopra highlighted the company’s solid financial performance and its crucial role in financing India’s growing energy sector. The board declared a second interim dividend of Rs.3.50 per share, following a first interim dividend of Rs.3.25 earlier in the fiscal year.

PFC recorded a 20% rise in its consolidated profit after tax, which grew to Rs.71.82 billion ($855.4 million) in Q1 FY25 from Rs.59.82 billion ($712.6 million) in Q1 FY24.