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PFC Q1 net profit rises 21% to ₹4502 crore: Declares dividend; Share price gains
PFC Q1 net profit rises 21% to ₹4502 crore: Declares dividend; Share price gains

Mint

time06-08-2025

  • Business
  • Mint

PFC Q1 net profit rises 21% to ₹4502 crore: Declares dividend; Share price gains

Q1 Results: PFC reported net profit at ₹ 4501.5 crore during the April-June 2025 quarter, surging 21% compared to ₹ 3717.8 crore in the year-ago quarter. PFC also declared a dividend. On Wednesday, August 6, the state-owned Power Finance Corporation (PFC) announced that its consolidated net profit for the April–June period of FY26 increased by 21% year over year to ₹ 4,501.5 crore. During the same period last year, the company reported a profit of ₹ 3,717.8 crore. The difference between interest collected and interest spent, or PFC net interest income (NII), increased by 26% to ₹ 5,469 crore during the quarter. In the same quarter last year, it was ₹ 4,328 crore. Power Finance Corporation Ltd.'s total revenues from operations at ₹ 13,773.42 during the June 2025 quarter grew 15.64 crore compared to ₹ 11,910.10 crore in the year-ago quarter. Along with the Q1 results, PFC also declared an interim dividend of ₹ 3.70 (three rupees and seventy paisa only) per equity share (i.e., 37.00%, subject to deduction · of TDS) on the face value of the paid-up equity shares s of ₹ 10 each for the FY 2025-26. PFC dividend record date—Further, PFC said that 18.08.2025 (Monday) shall be reckoned as the 'Record Date' for the purpose of ascertaining the eligibility of shareholders for payment of the interim dividend for the FY 2025-26. The date of payment/dispatch of the aforesaid interim dividend shall be on or before 05.09.2025 as per PFC release PFC share price that opened at ₹ 415.80 on the BSE on Wednesday, slightly higher than the previous day's closing price of ₹ 413.95 , however, continued to trade weak with weakness in the Indian Stock Market. The PFC share price slid to intraday lows of ₹ 405.55. However, the stock rebounded post declaration of Q1 results to intraday highs of ₹ 419.80

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