Power Finance (BOM:532810) Other Income (Minority Interest) : ₹-67,000 Mil (TTM As of Mar. 2024)

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What is Power Finance Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Power Finance's Other Income (Minority Interest) for the three months ended in Mar. 2024 was ₹-19,321 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-67,000 Mil.

Power Finance Other Income (Minority Interest) Historical Data

The historical data trend for Power Finance's Other Income (Minority Interest) 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.

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Power Finance Other Income (Minority Interest) Chart

Power Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Other Income (Minority Interest)

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-23,551.20

-39,683.70

-47,534.20

-52,892.60

-67,000.20

Power Finance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Minority Interest)	Get a 7-Day Free Trial															-14,519.20	-14,058.20	-17,950.90	-15,670.40	-19,320.70

Power Finance Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) 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 ₹-67,000 Mil.

Power Finance (BOM:532810) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Power Finance (BOM:532810) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Power Finance Corp Ltd (BOM:532810) » Definitions » Other Income (Minority Interest)

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PFC:India

Address

Urjanidhi, 1, Barakhamba Lane, Connaught Place, New Delhi, IND, 110001

Website

https://www.pfcindia.com

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.

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