newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra
PSU Mantra

PFC Profit Up 17% to ₹16,816 Crore in H1’26; CMD Highlights 32% Growth in Renewable Loan Book

PFC Profit Up 17% to ₹16816 Crore in H1’26

NEW DELHI. Power Finance Corporation Ltd. (PFC) has reported a strong financial performance for the first half of FY 2025-26, with consolidated Profit After Tax (PAT) rising 17% to ₹16,816 crore from ₹14,397 crore in the corresponding period last year. Consolidated net worth grew 15% to ₹1,66,821 crore, while the loan asset book expanded 10% year-on-year to ₹11,43,369 crore. The company also recorded a sharp improvement in asset quality, with Gross NPA declining to 1.45% and Net NPA to 0.30%.

Commenting on the results, Chairman and Managing Director, Ms. Parminder Chopra, said, “PFC continues to deliver another record quarter, driven by robust operational and financial performance. We achieved double-digit loan asset growth of 14%, supported by the highest-ever half-yearly disbursement of ₹86,000 crore. Our renewable portfolio grew impressively by 32% year-on-year, reinforcing PFC’s role as a trusted partner in India’s energy transition journey.”

She added, *“In line with our commitment to deliver consistent shareholder value, the Board has declared an interim dividend of ₹3.65 per share for the quarter. Continuing with our endeavour to strengthen ESG disclosures, PFC released its second ESG report in reference to GRI standards. With strong fundamentals, we remain confident of sustaining our growth momentum and enhancing value creation for all stakeholders.”*

Related posts

SAIL, Rourkela Steel Plant Signs MoU with ABB India Ltd for Advanced Digital Twin Technology

Newsmantra

ONGC Director (Exploration) Sushma Rawat superannuates

Newsmantra

Indian Oil honoured with three prestigious awards—Environment Excellence & Sustainable Development, Women Empowerment, and Global Outreach

Newsmantra

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More