Power Finance Corporation Limited — Quarter ended 31 March 2026 (Published 13 May 2026)
Power Finance Corporation Limited — Audited Standalone Financial Results (₹ in crore)
| Sr. No. | Particulars | Quarter Ended 31.03.2026 (Audited) | 31.12.2025 (Un-Audited) | 31.03.2025 (Audited) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | ||||||
| (i) | Interest Income | 13,925.26 | 13,935.87 | 13,721.47 | 55,072.80 | 49,874.70 |
| (ii) | Dividend Income | 1,176.76 | 667.26 | 1,151.87 | 2,952.46 | 2,992.30 |
| (iii) | Fees and Commission Income | 216.95 | 52.71 | 65.52 | 478.47 | 232.22 |
| I. | Total Revenue from Operations | 15,318.97 | 14,655.84 | 14,938.86 | 58,503.73 | 53,099.22 |
| II. | Other Income | 29.26 | 4.74 | 4.82 | 37.86 | 28.54 |
| III. | Total Income (I+II) | 15,348.23 | 14,660.58 | 14,943.68 | 58,541.59 | 53,127.76 |
| Expenses | ||||||
| (i) | Finance Costs | 8,402.75 | 8,329.40 | 7,794.22 | 33,176.92 | 30,511.94 |
| (ii) | Net Translation / Transaction Exchange Loss / (Gain) | 308.89 | 127.60 | 261.38 | 1,588.31 | 466.76 |
| (iii) | Fees and Commission Expense | 6.41 | (4.65) | 8.24 | 20.22 | 28.66 |
| (iv) | Net Loss / (Gain) on Fair Value changes | 32.02 | 42.15 | 107.97 | 19.43 | (230.45) |
| (v) | Impairment on Financial Instruments | (1,381.68) | 5.15 | 444.71 | (1,816.36) | 457.11 |
| (vi) | Employee Benefit Expenses | 66.45 | 76.58 | 86.93 | 280.42 | 266.18 |
| (vii) | Depreciation, Amortisation and Impairment | 5.53 | 8.02 | 6.45 | 24.18 | 19.83 |
| (viii) | Corporate Social Responsibility Expenses | 80.80 | 78.10 | 76.54 | 311.06 | 270.28 |
| (ix) | Other Expenses | 63.02 | 40.89 | 55.93 | 162.98 | 165.08 |
| IV. | Total Expenses | 7,584.19 | 8,703.24 | 8,842.37 | 33,767.16 | 31,955.39 |
| V. | Profit/(Loss) Before Exceptional Items and Tax (III-IV) | 7,764.04 | 5,957.34 | 6,101.31 | 24,774.43 | 21,172.37 |
| VI. | Exceptional Items | – | – | – | – | – |
| VII. | Profit/(Loss) Before Tax (V-VI) | 7,764.04 | 5,957.34 | 6,101.31 | 24,774.43 | 21,172.37 |
| Tax Expense: | ||||||
| (i) | Current Tax: – Current Year | 533.01 | 1,091.51 | 983.03 | 3,776.44 | 3,585.36 |
| – Earlier Years | 4.29 | (15.31) | 4.29 | (15.31) | ||
| (ii) | Deferred Tax Expense / (Income) | 902.17 | 102.50 | 24.64 | 942.36 | 250.13 |
| VIII. | Total Tax Expense | 1,439.47 | 1,194.01 | 992.36 | 4,723.09 | 3,820.18 |
| IX. | Profit/(Loss) for the period from Continuing Operations (VII-VIII) | 6,324.57 | 4,763.33 | 5,108.95 | 20,051.34 | 17,352.19 |
| X. | Profit/(Loss) from Discontinued Operations (After Tax) | – | – | – | – | – |
| XI. | Profit/(Loss) for the period (from continuing and discontinued operations) (IX+X) | 6,324.57 | 4,763.33 | 5,108.95 | 20,051.34 | 17,352.19 |
| Particulars | 31.03.2026 | 31.12.2025 | 31.03.2025 | 31.03.2026 | 31.03.2025 |
|---|---|---|---|---|---|
| (A) Items that will not be reclassified to Profit or Loss | |||||
| Re-measurement of Defined Benefit Plans | 8.50 | (1.54) | (1.87) | 3.87 | (6.17) |
| Net Gain / (Loss) on Fair Value of Equity Instruments | (172.43) | (105.77) | (35.94) | (291.98) | (2.90) |
| (ii) Income Tax relating to items that will not be reclassified to Profit or Loss | |||||
| – Re-measurement of Defined Benefit Plans | (1.80) | 0.37 | 0.36 | (0.69) | 1.45 |
| – Net Gain / (Loss) on Fair Value of Equity Instruments | 44.81 | 15.67 | (0.09) | 63.24 | (52.23) |
| Sub-Total (A) | (120.92) | (91.27) | (37.54) | (225.56) | (59.85) |
| (B) Items that will be reclassified to Profit or Loss | |||||
| – Effective Portion of Gains / (Loss) in Cash Flow Hedge | (534.19) | 253.20 | (188.43) | (85.19) | (197.26) |
| – Cost of Hedging Reserve | (2,065.26) | (612.30) | (107.01) | (3,438.39) | (124.79) |
| (ii) Income Tax relating to items that will be reclassified to Profit or Loss | |||||
| – Effective Portion of Gains / (Loss) in Cash Flow Hedge | 134.44 | (63.72) | 47.43 | 21.44 | 49.65 |
| – Cost of Hedging Reserve | 519.78 | 154.10 | 26.93 | 865.37 | 31.41 |
| Sub-Total (B) | (1,945.23) | (268.72) | (221.08) | (2,636.77) | (240.99) |
| XII. Other Comprehensive Income (A+B) | (2,066.15) | (359.99) | (258.62) | (2,862.33) | (300.84) |
| XIII. Total Comprehensive Income for the period (XI+XII) | 4,258.42 | 4,403.34 | 4,850.33 | 17,189.01 | 17,051.35 |
| XIV. Paid up Equity Share Capital (Face Value ₹ 10/- each) | 3,300.10 | 3,300.10 | 3,300.10 | 3,300.10 | 3,300.10 |
| XV. Other Equity (As per Audited Balance Sheet as at 31st March) | NA | NA | NA | 99,231.84 | 87,636.77 |
| XVI. Basic and Diluted Earnings Per Equity Share (Face Value of ₹ 10/- each)*: | |||||
| (1) For continuing operations (in ₹) | 19.16 | 14.43 | 15.48 | 60.76 | 52.58 |
| (2) For discontinued operations (in ₹) | – | – | – | – | – |
| (3) For continuing and discontinued operations (in ₹) | 19.16 | 14.43 | 15.48 | 60.76 | 52.58 |
| Sr. No. | Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|---|
| ASSETS | |||
| 1 | Financial Assets | ||
| (a) | Cash and Cash Equivalents | 1,078.31 | 22.03 |
| (b) | Bank Balance other than Cash and Cash Equivalents | 1,183.03 | 6,820.63 |
| (c) | Derivative Financial Instruments | 10,627.18 | 6,647.30 |
| (d) | Trade Receivables | – | – |
| (e) | Loans | 5,74,018.10 | 5,32,818.27 |
| (f) | Investments | 20,718.13 | 20,719.99 |
| (g) | Other Financial Assets | 5,433.72 | 5,951.72 |
| Total Financial Assets (1) | 6,13,058.47 | 5,72,979.94 | |
| 2 | Non-Financial Assets | ||
| (a) | Current Tax Assets (Net) | 178.11 | 228.24 |
| (b) | Deferred Tax Assets (Net) | 3,358.47 | 3,351.04 |
| (c) | Property, Plant and Equipment | 62.13 | 46.68 |
| (d) | Intangible Assets under development | 15.85 | 11.98 |
| (e) | Intangible Assets | 4.15 | 5.23 |
| (f) | Right-of-use Assets | 33.05 | 33.50 |
| (g) | Other Non-Financial Assets | 1,804.45 | 1,520.72 |
| Total Non-Financial Assets (2) | 5,456.21 | 5,197.39 | |
| Total Assets (1+2) | 6,18,514.68 | 5,78,177.33 | |
| LIABILITIES AND EQUITY | |||
| 1 | Liabilities | ||
| Financial Liabilities | |||
| (a) | Derivative Financial Instruments | 1,940.54 | 773.17 |
| (b) | Trade Payables | ||
| (i) Total outstanding dues of Micro, Small and Medium Enterprises | 2.30 | 0.10 | |
| (ii) Total outstanding dues of creditors other than Micro, Small and Medium Enterprises | 23.12 | 9.46 | |
| (c) | Debt Securities | 3,37,163.01 | 3,19,747.77 |
| (d) | Borrowings (other than Debt Securities) | 1,56,620.81 | 1,52,203.32 |
| (e) | Subordinated Liabilities | 3,994.45 | 3,564.35 |
| (f) | Other Financial Liabilities | 14,651.77 | 9,682.28 |
| Total Financial Liabilities (1) | 5,14,396.00 | 4,85,980.45 | |
| 2 | Non-Financial Liabilities | ||
| (a) | Current Tax Liabilities (Net) | 22.04 | 50.92 |
| (b) | Provisions | 776.18 | 476.38 |
| (c) | Other Non-Financial Liabilities | 788.52 | 732.71 |
| Total Non-Financial Liabilities (2) | 1,586.74 | 1,260.01 | |
| Total Liabilities (1+2) | 5,15,982.74 | 4,87,240.46 | |
| 3 | Equity | ||
| (a) | Equity Share Capital | 3,300.10 | 3,300.10 |
| (b) | Other Equity | 99,231.84 | 87,636.77 |
| Total Equity (3) | 1,02,531.94 | 90,936.87 | |
| Total Liabilities and Equity (1+2+3) | 6,18,514.68 | 5,78,177.33 |
| Sr. No. | Description | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|---|
| I. Cash Flow from Operating Activities: | |||
| Profit before Tax | 24,774.43 | 21,172.37 | |
| Adjustments for: | |||
| Loss / (Gain) on derecognition of Property, Plant and Equipment (net) | 5.27 | 4.62 | |
| Loss / (Gain) on Fair value changes (Net) | 19.43 | (256.55) | |
| Unrealised Foreign Exchange Translation Loss / (Gain) | 8,383.09 | 1,714.44 | |
| Depreciation and Amortisation | 24.18 | 19.83 | |
| Impairment on Financial Instruments | (1,816.36) | 457.11 | |
| Effective Interest Rate in respect of Loan assets and borrowings/ debt securities | 28.39 | (111.85) | |
| Interest expense on Zero Coupon Bonds and Commercial Papers | (149.54) | 47.30 | |
| Other interest expense | (102.00) | 3.65 | |
| Interest accrued on investments | (32.61) | (74.17) | |
| Provision for unspent CSR created | 253.51 | 81.92 | |
| Provision (others) created | 75.42 | 83.78 | |
| Operating profit before Working Capital Changes: | 31,463.21 | 23,142.45 | |
| Increase / Decrease: | |||
| Loans (Net) | (39,339.13) | (63,408.11) | |
| Other Financial and Non-Financial Assets | 6,235.76 | (6,508.72) | |
| Derivative | (7,008.88) | (1,649.97) | |
| Other Financial & Non-Financial Liabilities, Trade Payables and Provisions | 5,108.21 | 1,595.13 | |
| Cash used before Exceptional Items | (3,540.83) | (46,829.22) | |
| Exceptional Items | |||
| Cash used in Operations Before Tax | (3,540.83) | (46,829.22) | |
| Income Tax paid | (3,827.98) | (3,573.86) | |
| Income Tax Refund | 33.14 | 37.61 | |
| Net Cash Inflow/(Outflow) from Operating Activities | (7,335.67) | (50,365.47) | |
| II. Cash Flow From Investing Activities: | |||
| Proceeds from disposal of Property, Plant and Equipment | 0.40 | 0.35 | |
| Purchase of Property, Plant and Equipment & Intangible Assets (including CWIP, Intangible Assets under development and Capital Advance) | (264.70) | (760.75) | |
| Investment in Subsidiaries | (400.00) | (100.00) | |
| Sale / (Purchase) of Other Investments | 129.45 | (74.56) |