PFC Dividend 2026: Record date announced, Payment by September 6
Power Finance Corporation Limited, in its meeting held on August 07, 2026, announced that it would fix Thursday, August 27, 2026, as the record date for the purpose of determining the eligibility of shareholders for payment of the interim dividend for the FY2026-27. The date of payment of the interim dividend of Rs 3.90 per share has been fixed on or before September 06, 2026.
"Further, it is to inform that 27.08.2026 (Thursday) shall be reckoned as the 'Record Date' for the purpose of ascertaining the eligibility of shareholders for payment of Interim Dividend for the FY 2026-27. The date of payment of the aforesaid interim dividend shall be on or before 06.09.2026," the company said in the filing.
PFC-REC Merger: In February, the Power Finance Corporation Ltd (PFC) in February approved the in-principle merger of the company with Rural Electrification Corporation Ltd (REC). The decision comes after PFC acquired 52.63 per cent of the government's holding in REC, making the company a subsidiary of PFC.
The merger follows the announcement made by the Finance Minister on February 1 under paragraph 43 of the Union Budget 2026-27 speech.
The PFC Group is the largest NBFC group in India, with a consolidated balance sheet of over Rs 12 lakh crore, a combined net worth of Rs 1,73,441 crore and a combined profit after tax of Rs 33,625 crore, according to the company's annual report 2025-26.
PFC FY2025-26
The Financial Statements of Power Finance Corporation Limited for the year ended March 31, 2026 showed strong growth in income and profitability. The company reported total income of Rs 58,541.59 crore, compared with Rs 53,127.76 crore in FY25. Revenue from operations increased to Rs 58,503.73 crore from Rs 53,099.22 crore a year earlier.
The company's profit before tax rose to Rs 24,774.43 crore in FY26, compared with Rs 21,172.37 crore in FY25. After accounting for total tax expenses of Rs 4,723.09 crore, profit for the year stood at Rs 20,051.34 crore, up from Rs 17,352.19 crore in the previous financial year.
The company reported total comprehensive income of Rs 17,189.01 crore for FY26, compared with Rs 17,051.35 crore in FY25. Other comprehensive income stood at a negative Rs 2,862.33 crore during the year.
The basic and diluted earnings per share (EPS) increased to Rs 60.76 in FY26 from Rs 52.58 in FY25, reflecting improved profitability for the company during the financial year.
The combined net worth of PFC Group reached Rs 1,73,441 crore. The combined PAT touched Rs 33,625 crore for the year 2025-26, making the PFC Group the highest-profit-making NBFC in India.
Asset quality of the group also improved with consolidated net credit impaired asset ratio at 0.13 per cent.
The group's loan assets remained at Rs 11,63,768 crore as of March 31, 2026, indicating a growth of 5 per cent growth.
There's a substantial improvement in gross NPA to 0.66 per cent in FY 2025-26 against 1.64 per cent in FY2024-25. Net NPA also dropped to 0.13 per cent against 0.38 per cent a year ago, with consolidated gross NPA remaining below 1 per cent.
