May 15, 2024 / 10:30AM GMT
Operator
I'd like to invite Shrimati Parminder Chopra, Chairperson and Managing Director, to address the gathering.
Parminder Chopra - Power Finance Corporation Limited - MD, CFO & Chairman
Good evening, and warm welcome to all of you. This is our first investor meet one-to-one after the COVID time, and I'm happy to see a good turnaround from our investor community. Today morning, PFC results for fourth quarter and financial year ending March 2024 has been declared. And I'm happy to share that we have again delivered a remarkable performance. I'll start with PFC's consolidated performance. At a group level, PFC continues to deliver strong performance year-on-year. We continue to be the largest NBFC group in India with a consolidated balance sheet size of INR 10.40 lakh crores. For FY 2024, the consolidated PAT stood at INR 26,461 crores. That is 25% increase from the previous financial year. The group loan asset book registered a growth of 16%. On the asset quality front, we continue to see a decreasing trend in our NPA levels. The consolidated net NPA ratio for FY
Q4 2024 Power Finance Corporation Ltd Earnings Call and Investor Meet Transcript
May 15, 2024
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