The Kerala Financial Corporation lists £ 98.16 CRore net profit, 32.56% compared to the previous year

Thiruvananthapuram: The Kerala Financial Corporation (KFC), the state's first -class financial institution, has reported a “record performance” for the financial year that ended on March 31, 2025.

KFC achieved a net profit of 98.16 billion rupees, which reflects an increase of 32.56 percent compared to the previous year and marks the highest profit in its history.

The company's credit portfolio exceeded the milestone of 8,000 rupees for the first time and reached 8011.99 rupees, while its net assets rose to 1328.83 rupees and underlined the robust financial growth.

“The state government has launched a capital of 920 billion rupees in KFC, including 500 rupees during the term of office of this government. This support enables KFC to offer loans to MSMES to interest rates from just 5 percent. The growth of KFC reflects broad progress in Kerala industrial sector.

The infusion of RS 200 Crore in the share capital in the 2024–25 Half CFC in the financial year, the ratio of capital adequacy (CRAR) significantly strengthened, in 28.26 percent, well above the RBI-Mind at least 15 percent for NBFCs.

In the course of the year, KFC RS has sanctioned 4002.57 crore loans to KME, startups and other sectors.

The total payment of the loan is 3918.40 rupees, and the total equipment of loans is 3980.76 billion rupees.

“The strong financial performance of KFC, especially the industry leading NPA of less than 1 percent, speaks of the careful credit practices of the company. This record performance positions KFC as an important driver of Kerala's industrial and entrepreneurial progress. MD of KFC.

As part of the Entrepreneurship Development Program (CM), KFC has so far supported 3028 msmes with RS 1030.89 CRore loan with 5 percent of interest and generated an estimated 81,634 direct and indirect employment opportunities.

In addition, 72 startups with 95.20 billion rupees were supported as a collateral-free loan as part of the startup Kerala program, which promote innovation and entrepreneurship throughout the state.

KFC aims to reach a loan portfolio of 10,000 rupees by the end of this year.

In order to achieve this ambitious goal, the company plans to diversify its business in new sectors, and continues to focus on the support of MSMES, the tourism industry and startups.

“In order to improve operational efficiency and provide superior services, KFC will go through a comprehensive digital transformation this year. This includes the modernization of its offices and the infrastructure as well as the provision of quality training for his employees,” added Sriram.

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