- THIRUVANATHAPURAM —
Kerala Financial Corporation (KFC), the state’s premier development financial
institution, has reported a 'record-breaking performance' for the financial
year ending March 31, 2025.
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- KFC posted a net profit of INR 98.16 crore, reflecting a
32.56 per cent increase from the previous year, marking the highest-ever profit
in its history.
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- The corporation’s loan portfolio crossed the INR 8,000 crore
milestone for the first time, reaching INR 8011.99 crore, while its net worth
increased to INR 1328.83 crore, underlining robust financial growth.
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- “The state government has infused a capital of Rs 920 crore
into KFC, including Rs 500 crore during this government’s tenure. This support
has enabled KFC to offer loans to MSMEs at interest rates starting from just 5
per cent. The growth of KFC mirrors the broader progress in Kerala’s industrial
sector,” said State Finance Minister K.N. Balagopal.
Also read: India’s GDP growth projected at 6.8 pc in Q4, overall consumption healthy
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- The infusion of INR 200 crore in share capital in FY 2024–25
helped KFC significantly strengthen its Capital Adequacy Ratio (CRAR), now at
28.26 per cent, well above the RBI-mandated minimum of 15 per cent for NBFCs.
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- During the year, KFC has sanctioned INR 4002.57 crore loans
to MSMEs, Startups and other sectors.
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- Total loan disbursement comes to INR 3918.40 crore, and the
total loan recovery is INR 3980.76 crore.
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- “KFC’s strong financial performance, particularly the
industry-leading low net NPA of less than 1 per cent, speaks of the
Corporation’s prudent lending practices. This record performance positions KFC
as a key driver of Kerala’s industrial and entrepreneurial advancement. We will
remain committed to supporting Kerala’s MSME and startup ecosystem, driving
sustainable economic growth and job creation,” said Sriram Venkitaraman, MD of
KFC.
