PFC Declares Interim Dividend Of Rs 3.70 Per Share; Check Record Date
PFC reported a 25% increase in its consolidated net profit on an annual basis for the first quarter of fiscal 2026.
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.
