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Tag: PFC Group

PFC is currently the most profitable NBFC in India, with a remarkable 24% increase in PAT
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PFC is currently the most profitable NBFC in India, with a remarkable 24% increase in PAT

New Delhi, May 2024. Consolidated Financial Highlights PFC Group registered the highest annual Profit After Tax (PAT) with 25% increase - Rs. 21,179 crores in FY’23 to Rs. 26,461 crores in FY’24. PFC Group continues to be the largest NBFC Group in India with total balance sheet size crossing more than Rs.10 lakh crore in FY’24 – The current balance sheet size is 10.39 lakh crores. 16% growth in consolidated loan asset book from Rs. 8,57,500 crores as on 31.03.2023 toRs. 9,90,824 crores as on 31.03.2024 Consolidated Net worth (including non-controlling interest) increased by 20% - Rs. 1,11,981 crores as on 31.03.2023 to Rs. 1,34,289 crores as on 31.03.2024 The consolidated Gross NPA nearly touches 3% and is at 3.02% in FY’24 vs. 3.66% in FY’23. Owing to active resoluti...
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