Power Finance Corporation (PFC) Latest Updates

Q2 FY2026 Consolidated Financial Performance: For the quarter ended September 30, 2025, Power Finance Corporation reported a consolidated net profit after tax (PAT) of ₹7,834.39 crore, marking a 9.3% increase year-on-year (YoY). The consolidated total income for the quarter rose to ₹28,901.22 crore, up by approximately 12% YoY. Asset Quality Improvement: The company showed continued improvement in its asset quality metrics. The consolidated Gross Credit Impaired Assets Ratio stood at 1.45% as of September 30, 2025, while the Net Credit Impaired Assets Ratio improved significantly to 0.30% for the same period. Interim Dividend Declaration: The Board of Directors, in its meeting on November 7, 2025, declared a second interim dividend for the financial year 2025-26. The dividend was approved at ₹3.65 per equity share (36.5%) on the face value of ₹10 each. Focus on Renewables and Infrastructure: PFC recorded strong growth in its lending book, driven by a 32% year-on-year increase in its standalone renewable loan book. The company continues to actively finance new power transmission and distribution projects, including the incorporation of new Special Purpose Vehicles (SPVs) for transmission projects. International Funding and Partnerships: In August 2025, PFC signed a EUR 150 million loan agreement with KfW (German Development Bank) aimed at strengthening India's power distribution sector. This follows earlier major international funding initiatives, including a JPY 120 Billion loan agreement with JBIC (Japan Bank for International Cooperation).