State-run Power Finance Corporation on Wednesday registered a rise of 25% in its consolidated net profit for the first quarter of the financial year 2025-26 at Rs 8,981.45 crore from Rs 7,182.06 crore in Q1FY25. On a sequential basis too, the net profit rose by 7.4% from Rs 8,357.88 crore.
The company’s revenue from operations for the quarter under review stood at Rs 28,539.04 crore, marking a rise of 15.4% from Rs 24,716.76 crore the corresponding period of last year. The non-banking financial corporation reported a 15.2% rise in its interest income during the Apr-Jun quarter at Rs 28,257.53 crore from Rs 24,526.37crore in Apr-Jun quarter of the previous fiscal.
Total income of PFC surges by 15.7% in Q1FY26
Total income too rose by 15.7% on-year at Rs 28,628.92 crore in Q1FY26.
The company’s total expenses during the first quarter of FY26 also increased to Rs 17,429.93 crore, up 10% from Rs 15,843.01 crore in the corresponding period of the last fiscal year.
Details on PFC interim dividend
The Board of the company also declared an interim dividend of Rs 3.70/- per equity share on the face value of the paid-up equity shares of Rs 10/- each for the financial year 2025-26. The record date for the same has been scheduled on August 18, while the dividend shall be dispatched on or before September 5, the company said.
The company has recently incorporated a Special Purpose Vehicle (SPV) company as a wholly owned subsidiary of PFC Consulting Limited (PFCCL) – a wholly owned subsidiary of Power Finance Corporation Limited (PFC).
Incorporated on July 16th, 1986, Power Finance Corporation Ltd. is a Schedule-A Maharatna CPSE, and is a leading Non-Banking Financial Corporation in the country under the Ministry of Power.