Power Finance Corporation's Q2 FY 2025-26 Quarterly Results

Result Summary

• Power Finance Corporation Ltd reported a 1.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 12.2%.
• Its expenses for the quarter were down by 1.4% QoQ and up 10.9% YoY.
• The net profit decreased 12.8% QoQ and increased 8.6% YoY.
• The earnings per share (EPS) of Power Finance Corporation Ltd stood at 17.4 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Power Finance Corporation Ltd is a leading financial institution in India, primarily engaged in the business of financing power projects. The company plays a pivotal role in the Indian power sector by providing financial assistance to power and infrastructure projects across the country. Power Finance Corporation Ltd offers a wide range of financial products and services, including project term loans, lease financing, direct discounting of bills, and short-term loans. It operates predominantly in the power sector, focusing on the development of generation, transmission, and distribution projects. The company is also involved in the renewable energy sector, supporting various green energy initiatives. As of the latest data available, no major developments have been highlighted for the company.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Power Finance Corporation Ltd reported a total income of ₹28,901.22 crores. This represents a slight increase of 1.0% compared to the previous quarter (Q1FY26), where the total income was ₹28,628.92 crores. When compared to the same quarter in the previous fiscal year (Q2FY25), the total income has increased by 12.2%, from ₹25,754.73 crores. These figures indicate a steady upward trajectory in the company's revenue generation over the year. The analysis of revenue trends shows consistent growth in the company's financial performance on a year-over-year basis.

Profitability

The Profit Before Tax (PBT) for Q2FY26 stood at ₹10,057.36 crores, showing a decline of 10.2% from Q1FY26, where the PBT was ₹11,198.99 crores. However, when compared to Q2FY25, there is a 7.4% increase from ₹9,367.86 crores. The Profit After Tax (PAT) for Q2FY26 was ₹7,834.39 crores, a decrease of 12.8% from the previous quarter's PAT of ₹8,981.45 crores. Year-over-year, the PAT showed an increase of 8.6% from ₹7,214.90 crores in Q2FY25. The Earnings Per Share (EPS) for Q2FY26 was ₹17.40, compared to ₹20.81 in Q1FY26, indicating a decrease of 16.4%. The EPS increased by 8.3% from ₹16.07 in Q2FY25. These metrics provide insights into the company's profit margins and profitability trends over the given periods.

Operating Metrics

The total expenses for Q2FY26 were ₹18,462.17 crores, reflecting a decrease of 1.4% from the previous quarter's expenses of ₹18,721.54 crores. In comparison to the same quarter in the previous fiscal year (Q2FY25), total expenses increased by 10.9% from ₹16,649.21 crores. The tax expense for Q2FY26 was ₹2,222.97 crores, slightly higher than Q1FY26 by 0.2%, and a 3.3% increase from Q2FY25, where the tax was ₹2,152.96 crores. These operating metrics highlight the company's expense management and tax obligations over the periods, providing a view of the operational efficiency and cost structure.