Power Finance Corporation Ltd. (PFC) announced strong financial results for the first quarter of FY27, with consolidated profit after tax soaring by 33% to ₹8,997.92 crore. This growth was driven by robust interest income and effective cost management. The company also declared an interim dividend of ₹3.90 per equity share, demonstrating confidence in its financial health and commitment to shareholder value.
Strong Quarterly Performance
Power Finance Corporation Ltd. (PFC) has reported a substantial increase in its financial performance for the quarter ended June 30, 2026. The company’s consolidated profit after tax witnessed a significant jump of 33%, reaching ₹8,997.92 crore, compared to ₹6,866.26 crore in the same period of the previous year. This robust growth underscores the company’s strong operational efficiency and market position.
Key Financial Highlights
PFC’s total revenue from operations for the quarter stood at ₹28,526.86 crore, an increase from ₹28,539.04 crore in the corresponding quarter of the previous year. Finance costs were managed effectively, contributing to the improved profitability. The company also reported a healthy consolidated total comprehensive income of ₹13,446.38 crore for the quarter.
Interim Dividend Declared
In line with its commitment to shareholder returns, the Board of Directors declared an interim dividend of 39% (₹3.90 per equity share of face value ₹10) for the financial year 2026-27. The record date for ascertaining the eligibility of shareholders for this dividend is set as August 27, 2026, with payment expected on or before September 6, 2026.
Outlook and Strategy
The company continues to focus on its core business of lending to the power sector, logistics, and infrastructure. PFC has also approved a draft scheme for merger by absorption with REC Limited, subject to regulatory approvals. This strategic move aims to enhance operational synergies and strengthen the company’s market presence.
Source: BSE
