PFC, INE134E01011

Power Finance Corporation stock set for second interim dividend

Published on 11/13/2026 at 03:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Power Finance Corporation stock is set for a second interim dividend after its September-quarter results. The record date is November 17, 2026.

Earnings and dividend timeline

  • Power Finance Corporation reported higher standalone profit for the September quarter and first half of FY27.
  • The board set November 17, 2026, as the record date for a second interim dividend.
  • The proposed merger with REC Limited remains subject to further approvals.
PFC, INE134E01011, Illustration mit AI erstellt.

Power Finance Corporation approved its September-quarter and first-half results on November 4, 2026, and declared a second interim dividend. Indian Masterminds reported that standalone net profit rose 11.8 percent year over year to 49.8671 billion Indian rupees in the second quarter of fiscal 2027, from 44.6194 billion rupees a year earlier.

Profit growth supports payout

Standalone total income increased to 149.7311 billion rupees from 147.5614 billion rupees. Profit before tax reached 61.5713 billion rupees, compared with 55.3989 billion rupees in the year-earlier quarter, while earnings per share rose to 15.11 rupees from 13.52 rupees.

For the first half of fiscal 2027, standalone net profit climbed to 97.3211 billion rupees from 89.6344 billion rupees. Total income reached 289.6801 billion rupees, versus 285.3278 billion rupees in the prior-year period.

The board approved a second interim dividend of 4.10 rupees per equity share for fiscal 2027. November 17, 2026, is the record date, and the payment is scheduled for on or before December 4, 2026, subject to applicable tax deductions.

Merger remains a key watchpoint

Power Finance Corporation has also received a no-objection certificate from the Reserve Bank of India for its proposed merger with REC Limited. The transaction still requires additional statutory, shareholder, creditor and government approvals before it can take effect.

Power sector finance specialist

Power Finance Corporation is an Indian non-banking financial institution focused on financing electricity generation, transmission, distribution and related energy infrastructure. Its lending includes project finance, bridge loans, takeout finance, refinancing, guarantees and advisory services for power-sector borrowers.

Headquartered in New Delhi, the company operates in a state-linked financing landscape that includes REC Limited, with the proposed combination highlighting PFC's specialized role in power infrastructure finance. Its business is more narrowly centered on electricity-sector funding than a general corporate lender.

Indian equities are tracked through the BSE Sensex.

More news and analyses on Power Finance Corporation stock

Power Finance Corporation at a glance

  • Company: Power Finance Corporation Limited
  • ISIN: INE134E01011
  • Ticker: PFC.NS
  • Sector: Financial Services
  • Industry: Financial - Credit Services
  • Headquarters: New Delhi, India
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