Maharatna PSU PFC Rolls Out Interim Dividend As First Payout of FY26; How To Trade After Q1 Results?

Power Finance Corporation Ltd. is a prominent non-banking financial corporation and a Schedule-A Maharatna CPSE. PFC offers financial support for projects pertaining to the Indian power industry. The Maharatna PSU Power Finance Corporation (PFC) is anticipated to be closely watched by market participants following the announcement of its first interim dividend for FY26. Investor focus on the stock is expected to spike in the lead-up to the dividend distribution, as the record date is planned for August 18.

PFC Dividend

The Board of Directors considered and approved "Declaration of interim dividend @ Rs 3.70/- (Rupees Three and Seventy Paisa only) per equity share (i.e. @ 37.00 %) (Subject to deduction of TDS) on the face value of the paid-up equity shares of 10/- each for the FY 2025-26. Further, it is to inform that 18.08.2025 (Monday) shall be reckoned as the 'Record Date' for the purpose of ascertaining the eligibility of shareholders for payment of Interim Dividend for the FY 2025-26. The date of payment /dispatch of the aforesaid interim dividend shall be on or before 05.09.2025," said PFC in a stock exchange filing.

PFC Q1FY26 Financials

On Wednesday, August 6, Power Finance Corporation (PFC) announced that its consolidated net profit for the April-June quarter of FY26 was Rs 4,502 crore, up 21% YoY from Rs 3,718 crore during the same time the previous year. In Q1FY26, the company's net interest income (NII) increased by 26% to Rs 5,469 crore.

In Q1FY25, it was Rs 4,328 crore. The company's revenue from operations for the quarter under review was Rs 28,539.04 crore, up 15.4% from Rs 24,716.76 crore during the same period last year. In Q1FY26, total income also increased by 15.7% YoY to Rs 28,628.92 crore. In addition, the company's total expenses for the first quarter of FY26 rose by 10% to Rs 17,429.93 crore from Rs 15,843.01 crore during the year-ago quarter.

PFC Target Price

"PFC is trading with strong bullish momentum, comfortably above support at ₹405. Resistance is placed at ₹425, and crossing this level could open the path toward ₹440. RSI indicates strength, and the price action is backed by good volumes. Dips near ₹410-₹412 can be used for buying opportunities with a stop-loss below ₹400, as the trend remains firmly positive," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

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