PFC announces Q2’FY22 & H1’22 Results

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Mumbai, 11th November 2021 (GPN): 

  • Standalone
  • PFC has been conferred with the highest “Maharatna” Status for a CPSE by Govt. of India on 12th October 2021. PFC is the first Maharatna company in the financial sector.
  • 32% increase in Standalone Profit After Tax from Q2’21 – PAT at Rs. 2,759 cr. for Q2’22.vs.Rs.2,085 cr. for Q2’21
  • Interim Dividend of Rs 2.50 per share declared in Q2’22. Thus, so far PFC has given an interim dividend of Rs.4.75 per share i.e.47.5%
  • Healthy CRAR quarter on quarter. CRAR as on 30.09.2021 is 21.76% with Tier I capital of 18.42% and Tier II capital of 3.34%
  • The Net NPA levels have dropped below 2 %. The net NPA ratio as on 30.09.2021 is 1.92%,which is the lowest in last 5 years

 

  • Consolidated 
  • 19% increase in consolidated Net worth from H1’21 – Net worth at Rs. 90,311 cr. for H1’22 vs.Rs.75,596 cr. for H1’21
  • 22% increase in consolidated Profit After Tax from H1’21 – PAT at Rs. 9,578 cr. for H1’22 vs. Rs.7,847 cr. in H1’21
  • 18% increase in Net Interest Income from H1’21 – Net Interest Income at Rs. 15,069 cr. for H1’22 vs Rs.12,782 in H1’21
  • Reduction in consolidated net NPA ratio from 2.60% in H1’21 to 1.72% in H1’22 due to resolution of stressed assets.

Our inherent strength and strong fundamentals has led to consistent performance quarter on quarter 

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

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