New Delhi: Two PSU stocks are expected to be in focus on May 22, 2025, Thursday. The Power Finance Corporation (PFC) net profit increased 11 percent to Rs 8,358 crore in Q4 of FY25. It also declared a final dividend of Rs 2.05/share. NTPC Green Energy January-March quarter result mentioned that profit increased three-fold to Rs 233 crore.
PFC share in news
In its Q4 Results 2024-25, the shares of state-owned PFC posted an 11 per cent rise in its consolidated net profit to Rs 8,357.88 crore as compared to net profit of Rs 7,556.43 crore in the corresponding quarter of the previous fiscal.
According to a regulatory filing, the Power Finance Corporation’s total income surged to Rs 29,285.45 crore in the January-March quarter of 2024-25, while it was Rs 24,176.34 crore in the same period a year ago. The interest income in the last quarter of the previous fiscal went up to Rs 28,676.15 crore as compared to Rs 23,891.19 crore in the same period a year ago.
The PFC board recommended a final dividend of Rs 2.05 per equity share (subject to deduction of TDS) on the face value of the paid-up equity shares of Rs 10 each for 2024-25.
NTPC Green Energy share in focus
NTPC Green Energy Limited (NGEL) is the renewable energy arm of NTPC. It declared a three-fold rise in consolidated net profit of Rs 233.21 crore in the Januar-March 2025 quarter, while the net profit was recorded at Rs 80.95 crore in January-March period of preceding 2023-24 financial year.
NTPC Green Energy’s income went up to Rs 751.50 crore in the March quarter FY25, while it was recorded at Rs 553.06 crore in the fourth quarter of 2023-24. The expenses of the company were recorded at Rs 444.63 crore, while it was Rs 425.84 crore in the same period a year ago.
During FY25, the company launched its Initial Public Offering (IPO), which consisted of a fresh issuance of 92,63.29,669 equity shares with a face value of Rs 10 each. The IPO raised a total of Rs 10,000 crore. The stock got listed on NSE and BSE on November 27, 2024.
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The shares of Power Finance Corporation (PFC) and NTPC Green Energy Limited are expected to be in news on May 21, 2025. PFC and NTPC Green declared their Q4 Results on May 20. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
