Power Finance Corporation Ltd. announced on Wednesday an interim dividend of Rs 3.70 per equity share with a face value of Rs 10 each for the first quarter of fiscal 2026.
The board has fixed Aug. 8 as the record date for the purpose of ascertaining the eligibility of shareholders for payment of interim dividend for the fiscal 2025-26. The company will pay the interim dividend on or before Sept. 5, it said in an exchange filing.
The state-owned company, which primarily finances power and infrastructure projects, reported a 25% increase in its consolidated net profit on an annual basis for the first quarter of fiscal 2026.
PFC Q1 Highlights (Cons, YoY)
Net profit up 25% to Rs 8,981 crore versus Rs 7,182 crore.
Calculated NII up 22.7% to Rs 11,054 crore versus Rs 9,006 crore.
After its fourth-quarter results, the board of the company had recommended a final dividend of Rs 2.05 per equity share on the face value of Rs 10 each for the financial year 2024-25.
Shares of PFC rose as much as 0.94% to Rs 417.40 apiece. They pared gains to trade 0.68% higher at Rs 416.40 apiece, compared to 0.11% decline at benchmark NSE Nifty as of 1:30 p.m.
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