PFC reports Rs 42,850 crore PBT with stable asset quality

Power Finance Corporation (PFC) has announced its audited financial results for FY2025-26, reporting growth across its standalone and consolidated loan portfolios while maintaining stable asset quality.

On a standalone basis, PFC reported profit before tax of Rs 24,774 crore for FY2025-26. Loan assets outstanding stood at Rs 5,74,018 crore, while total assets reached Rs 6,18,515 crore. The company’s net worth rose to Rs 1,02,532 crore and the debt-equity ratio stood at 4.98 times.

Asset quality remained stable during the year, with gross credit impaired assets at 1.09% and net credit impaired assets at 0.07%.

On a consolidated basis, which includes REC Limited, PFC Consulting Limited, PFC Infra Finance IFSC Limited and three associate entities, profit before tax stood at Rs 42,850 crore.

Consolidated loan assets reached Rs 11,53,255 crore, while total assets stood at Rs 12,44,579 crore. Consolidated net worth, including non-controlling interest, stood at Rs 1,73,441 crore.

The Board of Directors has recommended a final dividend of Rs 3.95 per equity share for FY2025-26. Including the interim dividend of Rs 14.60 per share already paid during the year, the total dividend for the fiscal stands at Rs 18.55 per equity share.

The FY26 results follow PFC’s borrowing programme approval for FY2026-27. In March 2026, the board approved a Rs 1,60,000 crore borrowing ceiling for the coming fiscal year, comprising Rs 1,10,000 crore from domestic sources, Rs 20,000 crore from foreign currency instruments, including green bonds, and Rs 30,000 crore through short-term instruments.