Power Finance Corporation (PFC) has announced Monday, August 18, 2025, as the record date for its upcoming dividend payout. This announcement puts the spotlight on PFC and several other companies that have chosen the same date for their dividend eligibility determination.

Key Highlights

• PFC sets August 18, 2025, as the dividend record date
• Last day to buy PFC shares for dividend eligibility is August 17, 2025
• Multiple companies share the August 18 record date for their final dividend payouts

Companies Announcing Dividends

Several companies have aligned their dividend record dates with PFC, creating a notable day for dividend-seeking investors. Here's a breakdown of the companies and their announced dividends:

Importance of Record Date

The record date is crucial for shareholders as it determines who qualifies for the declared dividend. Investors interested in receiving these dividends must ensure they purchase shares before the ex-dividend date, which is typically one business day before the record date.

For PFC and the other companies listed, this means that the last opportunity to buy shares and still be eligible for the dividend will be August 17, 2025.

Investors should note that while these companies have announced their dividend plans, the actual payment dates may vary. It's advisable for shareholders to keep an eye on further announcements from these companies regarding the specific payment schedules for the declared dividends.

This clustering of record dates on August 18 provides an interesting opportunity for investors looking to diversify their dividend income across multiple sectors, ranging from finance to paper and electrical systems.

Power Finance Corporation Ltd. (PFC), a leading non-banking financial company in the power sector, has reported a robust financial performance for the first quarter, with a significant increase in profit and revenue.

Strong Financial Performance

PFC announced a standalone net profit of Rs 4,501.50 crore for the quarter, marking a substantial 21% increase from Rs 3,717.88 crore in the same quarter last year. This impressive growth in profitability underscores the company's strong financial position and operational efficiency.

The company's total income also saw a notable rise, climbing to Rs 13,776.78 crore from Rs 11,916.24 crore year-on-year, representing a 15.6% increase. This growth was primarily driven by a surge in interest income, which rose to Rs 13,738.89 crore from Rs 11,827.03 crore in the corresponding quarter of the previous year.

Key Financial Highlights

• Interest income grew by 16.2% to Rs 13,738.89 crore
• Finance costs increased to Rs 8,269.73 crore from Rs 7,500.48 crore
• Earnings per share (EPS) stood at Rs 13.64 for the quarter
• Impairment on financial instruments showed a reversal of Rs 681.82 crore, compared to a provision of Rs 62.02 crore in the same quarter of the previous year

Dividend Declaration

In a move that will benefit shareholders, PFC's Board of Directors has declared an interim dividend of Rs 3.70 per equity share (37% of face value). The record date for determining eligibility for the interim dividend has been set as August 18, with the payment to be made by September 5.

Consolidated Performance

On a consolidated basis, PFC reported an even stronger performance:

• Net profit surged to Rs 8,981.45 crore, up from Rs 7,182.06 crore in the same quarter of the previous year
• Total income rose to Rs 28,628.92 crore from Rs 24,736.68 crore
• Consolidated EPS reached Rs 20.81

Improved Asset Quality

The company's asset quality showed improvement, with the Gross Credit Impaired Assets Ratio decreasing to 1.92% from 2.65% as of March 31. The Net Credit Impaired Assets Ratio also improved to 0.38% from 0.52% at the end of the previous fiscal year.

Management Commentary

Sandeep Kumar, Director (Finance) of PFC, commented on the results, stating, "Our Q1 performance demonstrates PFC's resilience and strong fundamentals. The significant growth in profit and revenue, coupled with improved asset quality, reflects our robust business model and effective risk management strategies. We remain committed to supporting India's power sector while delivering value to our shareholders."

Power Finance Corporation's strong Q1 results highlight its pivotal role in financing India's power sector and its ability to generate substantial returns for investors. As the company continues to navigate the evolving energy landscape, its solid financial performance positions it well for sustained growth and value creation.