Power Finance Corporation (PFC)posted nearly 9% year-on-year(YoY) rise in its consolidated net profit to Rs 7,834.39 crore in Q2FY26 as compared to Rs 7,214.90 crore reported in Q2FY25.
Total income rose to Rs 28,901.22 crore in Q2FY26 against Rs 25,754.73 crore in Q2FY25.
PFC declares Rs 3.65 interim dividend
State-owned PFC announced an interim dividend of Rs 3.65 per share, bringing the total interim dividend for FY2025-26 to Rs 7.35 per share. November 26 (Wednesday), will be the record date to determine shareholders eligible for the second interim dividend.
Key highlights from PFC Q2FY26
Consolidated Profit After Tax (PAT) increased 17% to Rs 16,816 crore for H1 FY26 from Rs 14,397 crore a year ago (H1FY25).
Consolidated net worth, including non-controlling interest, increased by 15% from Rs 1,45,158 crore as on September 30, 2024, to Rs 1,66,821 crore as on September 30, 2025. Around 10% growth in the Consolidated Loan Asset Book is recorded from Rs 10,39,472 crore as on September 30, 2024, to Rs 11,43,369 crore as on September 2025.
Consolidated Net NPA (bad loans) is at 0.30% in H1 FY26 vis-à-vis 0.80% in H1 FY25. Gross NPA also declined significantly by 117 basis points from 2.62% in H1 FY25 to 1.45% in H1 FY26.
On a standalone basis, the company registered half-yearly PAT of Rs 8,963 crore in H1 FY26 compared to Rs 8,088 crore in H1 FY25, driven by a 23% rise in net interest income.
It stated that 14% double-digit growth was registered in the loan asset book to Rs 5,61,209 crore as on September 30, 2025, against Rs 4,93,363 crore as on September 30, 2024. It registered a 32% growth in the renewable loan book from Rs 64,277 crore as on September 30, 2024, to Rs 84,679 crore as on September 30, 2025.
It also stated that PFC continues to maintain comfortable capital adequacy levels quarter after quarter.
As on September 30, 2025, Capital to Risk (Weighted) Assets Ratio (CRAR) was 21.62 per cent, with Tier 1 capital at 19.89 per cent, well above the minimum regulatory requirement, the company said. It further said there is a 13.5 per cent rise in net worth from Rs 85,924 crore as on September 30, 2024, to Rs 97,525 crore as on September 30, 2025.
The net NPA ratio for H1 FY26 was 0.37%, the lowest level in the last 10 years. Gross NPA ratio also saw a significant reduction of 84 basis points from H1 FY25 and was at less than 2%, at 1.87%.