Power Finance Corp Ltd 2023 AR2
The report highlights Power Finance Corporation Limited's (PFC) strong financial and operational performance for the fiscal year 2022-2023, achieving its highest-ever net profit of ₹11,605 crore. During the year, the company diversified its portfolio by expanding into infrastructure and logistics financing, sanctioning ₹16,700 crore to non-power segments. PFC also reinforced its commitment to India's green energy transition, serving as the country's largest renewable energy financier with a renewable loan portfolio of ₹48,198 crore. Additionally, the company established a dedicated ESG unit to integrate sustainability principles into its operations and successfully implemented key government schemes like the Revamped Distribution Sector Scheme (RDSS).
Company: Power Finance Corp Ltd
Sector: Financials
Country: India
Year: 2023
Type: AR2
Pages: 376
Power Finance Corp Ltd
Annual Report
The report highlights Power Finance Corporation Limited's (PFC) strong financial and operational performance for the fiscal year 2022-2023, achieving its highest-ever net profit of ₹11,605 crore. During the year, the company diversified its portfolio by expanding into infrastructure and logistics financing, sanctioning ₹16,700 crore to non-power segments. PFC also reinforced its commitment to India's green energy transition, serving as the country's largest renewable energy financier with a renewable loan portfolio of ₹48,198 crore. Additionally, the company established a dedicated ESG unit to integrate sustainability principles into its operations and successfully implemented key government schemes like the Revamped Distribution Sector Scheme (RDSS).
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees