A PFM control circuit generates a pulse control signal for controlling a switching regulator to convert an input voltage into an output voltage. The pulse control signal has a plurality of switch cycles, each of which consists of an ON-time and an OFF-time. The ON-time is applied to turn on a switching circuit of the switching regulator while the OFF-time is applied to turn off the switching circuit. A current detection signal is representative of a current flowing through an inductive device of the switching regulator. The ON-time is prolonged in accordance with an increase of a maximum of the current detection signal. A voltage detection signal is representative of the output voltage. The OFF-time is prolonged in accordance with a reduction of a falling rate of the voltage detection signal.