Power Finance (PFC) Q1 25/26 earnings summary

Executive summary

• Registered as the largest and highest profit-making NBFC in India, majority government-owned, and AAA rated.

• Unaudited consolidated and standalone financial results for the quarter ended 30 June 2025 were reviewed and approved by the Board on 6 August 2025.

• No material misstatements or deviations were identified by the auditors in either the standalone or consolidated results.

• Achieved significant milestones including international expansion and leadership in renewable financing.

• Interim dividend of ₹3.70 per share (37%) declared for FY 2025-26; final dividend of ₹2.05 per share (20.5%) recommended for FY 2024-25.

Financial highlights

• Consolidated PAT rose 25% year-over-year to ₹8,981 crore in Q1 FY26.

• Loan asset book grew 13% year-over-year to ₹11,34,347 crore as of June 30, 2025.

• Disbursements increased 1.5x to ₹95,660 crore in Q1 FY26.

• Net interest income (consolidated) for Q1 FY26 was ₹11,054 crore, up from ₹9,007 crore in Q1 FY25.

• Standalone PAT up 21% year-over-year to ₹4,502 crore; highest ever Q1 disbursement at ₹36,152 crore.

Outlook and guidance

• No forward-looking guidance provided; focus remains on lending to power, logistics, and infrastructure sectors.

• Continued focus on renewable energy financing and asset quality improvement.