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PTC India Financial Skids On Reporting Q4 Net Loss At Rs 54 Cr

PTC India Financial Services (PFS) lost 5.87% to Rs 19.25 after the company reported consolidated net loss stood of Rs 53.66 crore in Q4 FY21 compared with net profit of Rs 7.05 crore in Q4 FY20. Total income dropped 17.5% to Rs 274.57 crore in Q4 FY21 over Q4 FY20. The company reported pre-tax loss […]

Maxeon Solar Technologies Announces First Quarter 2022 Financial Results – EQ Mag Pro

PFS sanctions fresh loans of Rs 2,329 crore in Q4

Mumbai (Maharashtra) :  PTC India Financial Services (PFS) said on Thursday it sanctioned fresh loans of Rs 2,329 crore and disbursements of Rs 1,331 crore during the quarter ended March. Provision coverage ratio increased to 62 per cent in Q4 FY21 compared to 49 per cent in Q3 FY21. The company’s net interest income for […]

Maxeon Solar Technologies Announces First Quarter 2022 Financial Results – EQ Mag Pro

PFS gets sanction of Rs.300 crore from SBI

  PTC India Financial Services Limited (PFS) pleased to inform that the leading bank of the country, i.e. State Bank of India (SBI), has sanctioned us a Term loan – WC Augmentation (TLWC) of Rs. 300 cr with a door to door tenor of 3 years including a moratorium of 6 months, with sublimit of […]

Hitachi Energy India Ltd. reports strong financial performance despite supply-side challenges in the quarter ended March 31, 2022 – EQ Mag Pro

PFS gets Rs 500 cr long-term loan from Bank of India

“We will use this loan to further expand our lending portfolio in infrastructure projects and other operational requirements,” said PFS Managing Director and CEO Pawan Singh New Delhi: PTC India Financial services (PFS) on Monday said it has been sanctioned fresh long-term loan of Rs 500 crore from Bank of India for onward lending to […]

Hitachi Energy India Ltd. reports strong financial performance despite supply-side challenges in the quarter ended March 31, 2022 – EQ Mag Pro

PFS partners USICEF for financing solar projects

Infrastructure finance company PFS has joined hands with the US-India Clean Energy Finance (USICEF) to leverage funds for solar projects in India. It is an innovative facility which presents PFS with an opportunity to finance and deploy high-impact development projects which can contribute in achieving India’s distributed energy target of 40 GW by 2022, PFS […]

Hitachi Energy India Ltd. reports strong financial performance despite supply-side challenges in the quarter ended March 31, 2022 – EQ Mag Pro

PTC Financial Services partners UKCI, DFID for India’s first green fund

PFS separately raised a loan of Rs 1,000 crore from SBI for a 10-year tenure, linked to the marginal cost of funds-based lending rate PTC Financial Services (PFS) is setting up India’s first infrastructure development debt fund, solely for renewable energy projects, in partnership with UK Climate Investments LLP (UKCI) and Department for International Development (DFID), UK. The company […]

Hitachi Energy India Ltd. reports strong financial performance despite supply-side challenges in the quarter ended March 31, 2022 – EQ Mag Pro