PFC Share Price: Shares of Power Finance Corporation (PFC) declined nearly 4 per cent after the state-owned lender reported a marginal increase in its consolidated net profit for the June quarter. The company posted a consolidated profit after tax of Rs 8,998 crore in Q1 FY27, compared with Rs 8,981 crore in the year-ago period, while revenue from operations remained largely unchanged at Rs 28,526.86 crore. Despite improvement in asset quality and continued leadership in renewable energy financing, investors appeared disappointed by the muted earnings growth, putting pressure on the stock.
Shares of PFC fell 3.93 per cent to Rs 403 during Monday’s trade on BSE.
PFC on Friday reported a marginal increase in its consolidated net profit to Rs 8,998 crore for the quarter ended June 2026.
The company’s total revenue from operations stood at Rs 28,526.86 crore during the quarter, compared with Rs 28,539.04 crore in the corresponding period last year.
In a statement, the company said it recorded a consolidated profit after tax (PAT) of Rs 8,998 crore in Q1 FY27, against Rs 8,981 crore in Q1 FY26.
PFC’s consolidated loan asset book stood at Rs 11,60,133 crore as of June 30, 2026.
The company’s consolidated net worth, including non-controlling interest, stood at Rs 1,87,106 crore at the end of the June quarter.
On the asset quality front, the net credit-impaired asset ratio (Stage III) improved by 18 basis points year-on-year to 0.13 per cent in Q1 FY27.
The company’s gross credit-impaired asset (Stage III) ratio improved significantly, declining by 81 basis points to 0.66 per cent as of June 30, 2026, from 1.47 per cent a year earlier.
At its meeting held on Friday, the board also approved an interim dividend of Rs 3.90 per share for the first quarter.
She noted that PFC continues to deliver resilient performance in a dynamic financing environment, backed by a strong balance sheet and healthy asset quality.
Chopra further said that with robust fundamentals and a well-defined strategic focus, PFC is well-positioned to capitalise on emerging opportunities in the power and renewable energy sectors and drive long-term growth.
On a standalone basis, the company reported a net profit of Rs 4,745 crore in Q1 FY27, compared with Rs 4,502 crore in the corresponding quarter last year.
Its standalone loan asset book stood at Rs 5,70,045 crore as of June 30, 2026. The company added that it continues to maintain comfortable capital adequacy levels.
(Disclaimer: The above article is meant for informational purposes only and should not be construed as investment advice. ET NOW DIGITAL advises its readers to consult their financial advisors before making any investment decisions.)
