PFC Q4 net profit down 80 per cent
Power Finance Corporation (PFC) on Wednesday reported about 80 per cent decline in consolidated net profit at 693.71 crore for the quarter ended Ma24-06-2020
24-06-2020
POWER FINANCE CORPORATION LTD. - 532810 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
In continuation of our letter dt. 22nd June, 2020, it is to inform that the conference call of the management of the company with Investors/Analysts earlier scheduled to be held at 4.00 p.m. on 24th June, 2020 has been re-scheduled to be held at 5.00 p.m. on 24th June, 2020, post financial results for the period ended 31st March, 2020.24-06-2020
POWER FINANCE CORPORATION LTD. - 532810 - Outcome Of Board Meeting
In continuation of our earlier letter dated 10.06.2020, we would like to inform you that, the Board of Directors of Power Finance Corporation Ltd. in its meeting held today i.e. on June 24, 2020 have inter-alia considered and approved the Audited Financial Results (Standalone) for the quarter ended 31st March, 2020 and Annual Audited Financial Results (Standalone & Consolidated) for the year ended 31st March, 2020. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, the Audited Financial Results (Standalone) for the quarter ended 31st March, 2020, Annual Audited Financial Results (Standalone & Consolidated) for the year ended 31st March, 2020, Statement of Assets and Liabilities as on March 31, 2020, declaration with respect to Audit Report with unmodified opinion and the Auditors Report by our Statutory Auditors are enclosed. The Board Meeting commenced at 1.40 pm and concluded at 3.00 pm.24-06-2020
POWER FINANCE CORPORATION LTD. - 532810 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
It is to inform that a conference call of the management of the company with Investors/Analysts has been scheduled on 24th June, 2020 at 4:00 p.m., post financial results for the period ended 31st March, 2020. The conference call is aimed at giving update about PFC''s performance for the quarter and year ended 31st March, 2020. The transcript of the conference call shall be uploaded on company''s website (www.pfcindia.com) in due course. The details of the conference call are attached herewith. This is submitted for your information, record and further dissemination.22-06-2020
POWER FINANCE CORPORATION LTD. - 532810 - Format of the Annual Disclosure to be made by an entity identified as a Large Corporate
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Compay POWER FINANCE CORPORATION LTD. 2 CIN L65910DL1986GOI024862 3 Report filed for FY 2019-20 Details of the borrowings (all figures in Rs crore) 4 Incremental borrowing done in FY(a) 59542 5 Mandatory borrowing to be done through issuance of debt securities(b) = (25% of a) 14885 6 Actual borrowings done through debt securities in FY(c) 36353 7 Shortfall in the mandatory borrowing through debt securities, if any (d) = (b) - (c) { If the calculated value is zero or negative, write 'nil'} NIL 8 Reasons for shortfall, if any, in mandatory borrowings through debt securities NA Name of the Company Secretary :-MANOHAR BALWANIDesignation :-COMPANY SECRETARY Name of the Chief Financial Officer :- N B GUPTA Designation : -DIRECTOR FINANCE Date: 31/01/202015-06-2020
POWER FINANCE CORPORATION LTD. - 532810 - Clarification /Confirmation On News Item Appearing In The 'Www.Livemint.Com' Dated May 26, 2020 Captioned 'PFC Signs Mou With NBPCL To Fund Projects Worth Rs.22,000 Cr In Madhya Pradesh'
PFC is as a financial institution incorporated for the purpose of financing, facilitating and promoting power sector development in India with the President of India holding 55.99% of our equity share capital. PFC sanctioned loans amounting to Rs.1,00,603 cr during FY 2016-17, Rs.1,16,233 cr during FY 2017-18 and Rs. 95,230 cr during FY 2018-19. An MoU has been executed on 27th May 2020 between PFC & NBPCL, a Government of Madhya Pradesh Undertaking and nodal agency for Narmada Valley Development Department, to facilitate the cooperation towards financing hydro-electric power projects & power components of twelve major multipurpose irrigation projects on river Narmada. Total project cost of all these 12 multipurpose irrigation projects is approximately Rs.22,000 Cr. However, MoU pertains to the intent of PFC for financing the hydro-electric power projects & power components only of the said projects, detailed due diligence is yet to be carried out.12-06-2020
POWER FINANCE CORPORATION LTD. - 532810 - Board Meeting Intimation for Considering The Audited Financial Results (Standalone) For The Quarter Ended 31St March, 2020 And Annual Audited Financial Results (Standalone & Consolidated) For The Year Ended 31St March, 2020
POWER FINANCE CORPORATION LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/06/2020 ,inter alia, to consider and approve the Audited Financial Results (Standalone) of for the quarter ended 31st March, 2020 and Annual Audited Financial Results (Standalone & Consolidated) for the year ended 31st March, 202010-06-2020
POWER FINANCE CORPORATION LTD. - 532810 - Announcement under Regulation 30 (LODR)-Change in Directorate
The following is submitted for information and record: 1. Cessation of tenure of Shri Rajiv Sharma as Chairman Managing Director on the Board of Power Finance Corporation Limited. 2.Assumption of Charge of Shri R. S. Dhillon as Chairman and Managing Director on the Board of Power Finance Corporation Limited01-06-2020
POWER FINANCE CORPORATION LTD. - 532810 - Announcement under Regulation 30 (LODR)-Change in Directorate
Appointment of Shri R. S. Dhillon as Chairman and Managing Director on the Board of Power Finance Corporation Limited with effect from the date of assumption of charge of the post on or after 01.06.2020.29-05-2020