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Power Finance (BOM:532810) Net Interest Income (for Banks) : ₹321,232 Mil (As of Mar. 2024)


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What is Power Finance Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Power Finance's net interest income for the three months ended in Mar. 2024 was ₹87,389 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹321,232 Mil.

Power Finance's quarterly net interest income increased from Sep. 2023 (₹77,817 Mil) to Dec. 2023 (₹84,564 Mil) and increased from Dec. 2023 (₹84,564 Mil) to Mar. 2024 (₹87,389 Mil).

Power Finance's annual net interest income declined from Mar. 2022 (₹301,783 Mil) to Mar. 2023 (₹294,792 Mil) but then increased from Mar. 2023 (₹294,792 Mil) to Mar. 2024 (₹321,232 Mil).


Power Finance Net Interest Income (for Banks) Historical Data

The historical data trend for Power Finance's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Power Finance Net Interest Income (for Banks) Chart

Power Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 207,837.00 261,620.60 301,783.40 294,791.50 321,232.00

Power Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69,801.40 71,462.10 77,817.10 84,563.90 87,388.90

Power Finance Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹321,232 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Power Finance (BOM:532810) Business Description

Traded in Other Exchanges
Address
Urjanidhi, 1, Barakhamba Lane, Connaught Place, New Delhi, IND, 110001
Power Finance Corp Ltd is a financial institution operating in India and dedicated to financing of the country's power sector and its various projects. The company serves state power utilities, central power sector utilities, power departments, private power sector utilities, joint sector power utilities, power equipment manufacturers, and municipal power utilities. The company's main products include rupee term loans, short-term loans, and a buyer line of credit. Interest income is the company's main source of revenue. The company's strategy emphasizes exploring other areas for sustainable growth, including funding renewable equipment manufacturers, nuclear power projects, and backward linkages to the power sector.

Power Finance (BOM:532810) Headlines

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