Power Finance Corporation (PFC) reported a consolidated Profit After Tax (PAT) of ₹16,679 crore for the first half of FY27. Its consolidated loan asset book stood at ₹11.89 lakh crore as of September 30, 2026, while its renewable energy loan portfolio reached ₹1.76 lakh crore. The Board also declared an interim dividend of ₹4.10 per share.
PFC Reports Consolidated PAT of ₹16,679 Crore in H1 FY27
Power Finance Corporation (PFC) reported a consolidated Profit After Tax (PAT) of ₹16,679 crore for the first half of FY27, reflecting its continued role in financing India’s power sector. The company’s consolidated loan asset book stood at ₹11,89,152 crore as of September 30, 2026.
PFC Group’s renewable energy loan portfolio reached ₹1,75,969 crore, reinforcing its position as the country’s largest renewable energy financier, according to the company’s Q2 FY27 financial results announced on November 4, 2026. Consolidated net worth, including non-controlling interest, stood at ₹1,92,268 crore.
PFC Declares ₹4.10 Interim Dividend per Share
On a standalone basis, PFC recorded a PAT of ₹9,732 crore in H1 FY27, compared with ₹8,963 crore in the corresponding period of the previous financial year. Standalone PAT for Q2 FY27 stood at ₹4,987 crore.
The Board declared an interim dividend of ₹4.10 per share for Q2 FY27. With this announcement, the total interim dividend declared for H1 FY27 reached ₹8 per share. PFC’s standalone loan asset book stood at ₹5,72,524 crore as of September 30, 2026, while its net worth increased 14% year-on-year to ₹1,11,106 crore.
PFC Reports Improvement in Asset Quality
PFC reported an improvement in asset quality during H1 FY27. At the consolidated level, the Gross Stage III credit-impaired asset ratio declined by 90 basis points, from 1.45% in H1 FY26 to 0.55% in H1 FY27. The Net Stage III ratio improved by 17 basis points to 0.13%.
On a standalone basis, the Gross Stage III credit-impaired asset ratio declined from 1.11% as of June 30, 2026, to 0.91% as of September 30, 2026. The Net Stage III ratio stood at 0.15% at the end of September.
PFC Maintains Capital Adequacy and Raises Foreign Currency Funds
PFC maintained comfortable capital adequacy levels, with its Capital to Risk-Weighted Assets Ratio (CRAR) at 23.89% as of September 30, 2026. Tier I capital stood at 22.61%.
The company also raised around USD 1.4 billion as of September 2026 under the concessional foreign exchange swap facility introduced by the Reserve Bank of India for public sector undertakings. The facility is available until December 31, 2026.
PFC’s H1 FY27 performance highlights growth in its lending portfolio, a substantial renewable energy financing book and improved asset quality. The interim dividend announcement, strong capital adequacy and foreign currency fundraising further underline the company’s financial position as a major financier of India’s power sector.
