Whalesbook
State-owned Power Finance Corporation Ltd (PFC), a Maharatna PSU, announced strong Q2 FY2025-26 results and its second interim dividend. Consolidated net profit rose nearly 9% to Rs 7,834.39 crore year-on-year, with total income growing to Rs 28,901.22 crore. For H1 FY26, PAT increased 17% to Rs 16,816 crore. Net worth grew 15% to Rs 1,66,821 crore, and the loan asset book rose 10% to Rs 11,43,369 crore. NPAs saw significant reduction, with consolidated Net NPA at 0.30% and Gross NPA at 1.45%.
PFC declared a second interim dividend of Rs 3.65 per equity share (36.5%) for FY26. The record date for this dividend is November 26, 2025, and payments are due by December 6, 2025. This follows previous interim and final dividends.
Impact: This strong financial performance and dividend payout are positive for PFC investors, signalling healthy operations and shareholder value, which could support the stock price.
Impact Rating: 7/10
Difficult Terms:
- Maharatna PSU: Top-tier Indian government-owned company with significant autonomy.
- Interim Dividend: Dividend paid during the financial year.
- Record Date: Date to identify shareholders eligible for dividends.
- Consolidated Net Profit: Profit of a company and its subsidiaries combined.
- PAT (Profit After Tax): Profit after all expenses, interest, and taxes.
- Net Worth: Company's assets minus liabilities.
- Loan Asset Book: Total value of outstanding loans.
- NPA (Non-Performing Asset): An overdue loan. Net NPA is after provisions.
- Basis Points: One-hundredth of a percent (0.01%).