Power Finance Corporation Limited announced its unaudited quarterly results for the third quarter and nine months ended December 31, 2025, demonstrating robust financial performance across its core lending operations to power, logistics, and infrastructure sectors.

Board Meeting and Regulatory Compliance

The Board of Directors convened on February 5, 2026, to approve the quarterly financial results under Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The meeting commenced at 11:30 AM and concluded at 1:30 PM, with proceedings scheduled to continue on February 6, 2026.

Newspaper Publication and Disclosure Requirements

Pursuant to Regulation 30 & 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its unaudited financial results in newspapers on February 6, 2026. The publication was communicated to both National Stock Exchange of India Limited and BSE Limited on February 10, 2026, ensuring full compliance with disclosure requirements.

Financial Performance Highlights

The company reported impressive quarterly results with net profit increasing 14.7% year-on-year to ₹4,763.33 crore in Q3 FY26 compared to ₹4,154.92 crore in the corresponding quarter of the previous year. Total income for the quarter reached ₹14,655.84 crore, marking a substantial increase from ₹13,043.69 crore in Q3 FY25.

Nine-Month Performance

For the nine months ended December 31, 2025, Power Finance Corporation maintained its growth trajectory with net profit rising 12.1% to ₹13,726.77 crore compared to ₹12,243.24 crore in the same period of the previous year. Total income for the nine-month period increased to ₹43,184.76 crore from ₹38,160.36 crore, representing a growth of 13.2%.

Consolidated Performance

On a consolidated basis, the company demonstrated even stronger performance with total income reaching ₹29,094.81 crore in Q3 FY26 compared to ₹26,798.04 crore in the previous year. Consolidated net profit after tax stood at ₹8,211.90 crore, reflecting the robust performance across the group companies.

Dividend Declaration and Key Dates

The Board of Directors approved a third interim dividend of ₹4.00 per equity share, representing 40% on the face value of ₹10 per share for FY 2025-26. The company had previously paid ₹7.35 as interim dividend for the current financial year.

Power Finance Corporation Limited has officially completed the transfer of two wholly owned transmission subsidiaries under Regulation 30, with the transactions finalized on 03.02.2026. The state-owned financial institution divested SR And ER Power Transmission Limited and Morena I SEZ Transmission Limited through its subsidiary PFC Consulting Limited for a combined consideration of ₹41.98 crore.

Subsidiary Transfer Details

The company has transferred two specialized transmission subsidiaries to separate acquiring entities through a competitive bidding process:

Transaction Structure and Compliance

Power Finance Corporation has provided detailed regulatory disclosures regarding the nature of these transactions. The company confirmed that both deals were completed through a structured bidding process with the consideration determined in accordance with Ministry of Power guidelines.

Strategic Business Impact

The divestment represents Power Finance Corporation's strategic approach to optimizing its transmission portfolio through its subsidiary PFC Consulting Limited. Both transferred subsidiaries were established for specific transmission infrastructure projects - one focusing on inter-regional grid strengthening and the other on renewable energy evacuation in Madhya Pradesh.

The company emphasized that neither acquiring entity belongs to the promoter or promoter group, ensuring arm's length transactions. The successful completion of these transfers demonstrates PFC's commitment to transparent corporate governance while generating proceeds of ₹41.98 crore for the organization.