EL7.AI
StocksMedium•4 November 2026•
3 min read

PFC’s consolidated profit falls 2% to 7,681.51 crore rupees in second quarter

Key Facts

1Consolidated net profit fell to 7,681.51 crore rupees, down nearly 2% from 7,834.39 crore rupees a year earlier.
2PFC announced a second interim dividend of 4.10 rupees per share, setting November 17, 2026, as the record date and December 4, 2026, as the latest payment date.
3Total income rose to 29,234.42 crore rupees, up 1.15% from the corresponding period.
4Expenses increased to 19,453.12 crore rupees from 18,843.74 crore rupees, a rise of more than 3%.

Power Finance Corporation, known as PFC, reported a nearly 2% year-on-year decline in consolidated net profit to 7,681.51 crore rupees in the July–September 2026 quarter, from 7,834.39 crore rupees in the same period a year earlier, according to PTI coverage published by Rediff on November 4. Profit fell despite an increase in total income during the quarter. The company also announced a second interim dividend of 4.10 rupees per share for fiscal year 2026-27. It set November 17, 2026, as the record date, with payment to be made no later than December 4, 2026. The figures reported here are consolidated results for the quarter ended September 30.

Total income for the quarter was 29,234.42 crore rupees, up 1.15% from 28,901.10 crore rupees in the same period a year earlier, according to PTI coverage. Separately, consolidated revenue from operations reached 29,044.48 crore rupees, compared with 28,890.24 crore rupees in the corresponding quarter, an annual increase of 0.5%, according to the consolidated results summary presented by ScoutQuest. Growth in both figures points to a limited increase in income and operating revenue compared with the pace of expense growth. It does not change the fact that consolidated net profit was below its level in the corresponding period. The quarter therefore saw income improve while bottom-line profit declined.

The company’s expenses rose to 19,453.12 crore rupees in July–September 2026 from 18,843.74 crore rupees in the corresponding period, an annual increase of more than 3%, according to PTI. The company said higher expenses contributed to the decline in profit, the agency reported. Expense growth, which exceeded 3%, outpaced the 1.15% increase in total income, while revenue from operations rose 0.5%. This gap puts cost pressures at the center of the explanation for the quarter’s decline in consolidated profit. The published information included no further details on expense components or each item’s contribution.

PFC’s consolidated loan book stood at about 11,89,152 crore rupees on September 30, 2026, according to PTI coverage, reflecting the scale of the credit activity it managed at quarter-end. The figure provides context for the company’s business alongside its income and profit results for the period. The published results showed consolidated net profit falling to 7,681.51 crore rupees, while total income rose to 29,234.42 crore rupees. The company said higher expenses contributed to the decline in profit. Limited income growth therefore coincided with faster expense growth during the quarter.

For the second interim dividend, November 17, 2026, will be the record date for determining eligible shareholders, while the company set December 4, 2026, as the latest payment date, according to PTI. The dividend is 4.10 rupees per share for fiscal year 2026-27. The announcement came in the same report that showed a year-on-year decline in consolidated net profit. The coverage also said the Reserve Bank of India’s foreign exchange swap facility for external commercial borrowings and foreign currency borrowings will remain open until December 31, 2026. The published information did not establish a direct link between the facility and PFC’s results or dividend.