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Power Finance Corporation Posts Strong Q1 Growth with 25% Profit Surge

Power Finance Corporation (PFC), a government-owned financial institution under the Ministry of Power, reported a 25% increase in its consolidated net profit for the first quarter of FY 2025-26. The profit rose to Rs8,981.45 crore, compared to Rs7,182.06 crore in the same quarter last year. Compared to the previous quarter, the profit also grew by 7.4%.

The company's revenue from operations increased by 15.4%, reaching Rs28,539.04 crore, up from Rs24,716.76 crore in Q1FY25. PFC’s interest income rose by 15.2%, totaling Rs28,257.53 crore during April to June this year, compared to Rs24,526.37 crore last year. Its total income went up 15.7% year-on-year to Rs28,628.92 crore.

However, expenses also rose by 10%, reaching Rs17,429.93 crore. Despite this, the company maintained strong profitability.

The Board declared an interim dividend of Rs3.70 per equity share for shareholders, with the record date set as August 18, and the payment expected before September 5.

Additionally, PFC announced the formation of a new Special Purpose Vehicle (SPV) under its subsidiary PFCCL, continuing its focus on infrastructure development.

Established in 1986, PFC holds “Maharatna” status and is one of India’s leading non-banking financial institutions supporting the power sector.