Power Finance Corp Ltd 2021 AR2
The report highlights Power Finance Corporation Ltd.'s performance for the fiscal year 2020-21, during which the company achieved its highest-ever annual net profit of ’8,444 crore, a 49% increase year-on-year. PFC's net worth crossed the ’50,000 crore mark, consolidating its position as India's largest lender in the power sector. The company demonstrated strong operational performance with record loan disbursements of ’88,302 crore and resolved approximately 25% of its stressed loan book. Additionally, PFC actively supported the nation's COVID-19 relief efforts, spending ’210 crore of its CSR funds on pandemic response measures.
Company: Power Finance Corp Ltd
Sector: Financials
Country: India
Year: 2021
Type: AR2
Pages: 320
Power Finance Corp Ltd
Annual Report
The report highlights Power Finance Corporation Ltd.'s performance for the fiscal year 2020-21, during which the company achieved its highest-ever annual net profit of ’8,444 crore, a 49% increase year-on-year. PFC's net worth crossed the ’50,000 crore mark, consolidating its position as India's largest lender in the power sector. The company demonstrated strong operational performance with record loan disbursements of ’88,302 crore and resolved approximately 25% of its stressed loan book. Additionally, PFC actively supported the nation's COVID-19 relief efforts, spending ’210 crore of its CSR funds on pandemic response measures.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees