NEW DELHI. “In Q1’26, PFC has once again demonstrated its resilience and leadership in the power and infrastructure financing sector. We achieved our highest-ever first-quarter disbursements, recorded a 16% year-on-year growth, and witnessed significant improvements in asset quality and capital adequacy, reaffirming our commitment to sustainable growth and energy transition,” said Ms. Parminder Chopra, CMD of PFC.
PFC reported a robust start to the financial year with consolidated profit after tax increasing by 25%, from Rs. 7,182 crore in Q1’25 to Rs. 8,981 crore in Q1’26. The consolidated loan asset book grew by 13%, reaching Rs. 11,34,347 crore as of 30th June 2025, compared to Rs. 10,04,735 crore in the same period last year. Disbursements surged 1.5 times to Rs. 95,660 crore in Q1’26 from Rs. 63,135 crore in Q1’25, driven by a focused credit expansion. Thanks to the resolution of stressed assets, the Net NPA ratio declined sharply to 0.31% in Q1’26 from 0.84% in Q1’25, and Gross NPA decreased by 150 basis points to 1.47%.
On a standalone basis, PFC registered a 21% increase in profit after tax, from Rs. 3,718 crore in Q1’25 to Rs. 4,502 crore in Q1’26. The Board declared an interim dividend of Rs. 3.70 per share. The loan asset book grew by 16%, from Rs. 4,75,004 crore as of 30th June 2024 to Rs. 5,49,786 crore as of 30th June 2025, with disbursements reaching a new high of Rs. 36,152 crore—up 1.85 times from Rs. 19,483 crore in Q1’25. PFC maintained a comfortable capital position, with CRAR at 22.37% and Tier 1 capital at 20.60%. The company’s net worth increased by 14% to Rs. 95,061 crore, while the Gross NPA ratio fell to 1.92%, and the Net NPA ratio reached a historic low of 0.38% in Q1’26.
“These results reflect our strategic focus on sustainable growth, asset quality, and energy transition, positioning PFC as a resilient leader in the sector,” added Ms. Chopra.
