Power Finance
Maharatna PSU Power Finance Corporation announces interim dividend of ₹3.25 for FY26. Check record date
PFC board of directors at their meeting held today, March 17, approved a fourth interim dividend of ₹3.25 per equity share on the face value of the paid-up equity shares of ₹10 per share each for FY 2025-26.
1 min read17 Mar 2026Can the proposed PFC-REC merger revive their stocks?
Despite their improved asset quality and undeniable industry tailwinds—such as the government’s push for data centres, logistics and maritime—uncertainty looms over the potential merger.
5 min read13 Feb 2026PFC board approves bringing REC into its fold
While presenting the Budget 2026, finance minister Nirmala Sitharaman had said the restructuring of PFC and REC is the initial step towards improving the efficiency of public-sector NBFCs.
2 min read6 Feb 2026PFC gets board approval for merger of REC with itself
PFC had acquired the government's 52.63% holding in REC for ₹14,500 crore in March 2019, pursuant to 'In Principle' approval of the Cabinet Committee on Economic Affairs (CCEA). Accordingly, REC has been operating as a subsidiary company of state-owned PFC.
1 min read6 Feb 2026PFC Q3 results: Maharatna PSU's profit jumps 15% YoY to ₹4,763.33 crore, declares dividend of ₹4
PFC Q3 results: Profit jumped 14.6% YoY to ₹4,763.33 crore. The company declared a third interim dividend of ₹4 per share of ₹10 for FY26. It had earlier paid an interim dividend of ₹ 7.35 for FY26.
1 min read5 Feb 2026Maharatna PSU stock PFC to be in focus today after ₹5,000 fundraise plan through NCDs; issue opens on January 16
PFC will issue NCDs of 15-year tenor, and offer a coupon rate of 7.3% payable on an annual basis. The base size of the issue is ₹500 crore with a greenshoe option of ₹4,500 crore.
2 min read13 Jan 2026PSU Dividend Stock: PFC share price in focus as it turns ex-dividend today. Do you own?
Power Finance Corporation's shares are in focus as November 26 marks the record date for a second interim dividend of ₹3.65 per share. The dividend will be paid by December 6, 2025, and only shareholders by November 26 are eligible.
2 min read26 Nov 2025PFC Q2 Results: Maharatna PSU's net profit rises 2% YoY to ₹4,462 crore; second interim dividend declared
PFC Q2 Results: Maharatna PSU Power Finance Corporation declared a 2% YoY rise in its standalone net profits for the July-September quarter to ₹4,462 crore. The company also announced a second interim dividend with its record date.
2 min read7 Nov 2025PTC stake sale saga: NTPC’s buyout plan hits an NHPC wall
PTC India’s long-running stake sale saga took a twist as NTPC made a bid to buy out the company’s co-promoters but hit a wall. NHPC, which had earlier attempted a similar buyout but dropped the plan, is unwilling to sell its stake.
2 min read27 Sep 2025Govt eyes sub-target for renewable energy under priority sector lending
While renewable energy is already a priority sector, sub-targets currently exist only for agriculture (18%), micro enterprises (7.5%), and loans for economically weaker sections (12%).
5 min read9 Sep 2025