PFC declares ₹4.10 second interim dividend as standalone Q2 PAT rises 11.76%
Power Finance Corporation Ltd on Wednesday declared a second interim dividend of ₹4.10 per share for FY27 while reporting its Q2 results. Standalone profit after tax for the quarter rose 11.76% year on year to ₹4,986.71 crore.
- PFC declared a second interim dividend of ₹4.10 per share for FY27 with its Q2 results.
- Standalone Q2 FY27 PAT rose 11.76% year on year to ₹4,986.71 crore.
- Consolidated net profit fell 2% to ₹7,681.51 crore on higher expenses, while total income rose 1.2% to ₹29,234 crore.
- The dividend record date is 17 November 2026 and payment is expected by 4 December 2026.
- PFC advanced the proposed REC merger and its shares hit a day high of ₹325.45, up 2%, per EquityPandit.
Standalone Q2 profit climbs 11.76%
PFC’s Q2 results showed the Maharatna PSU earning ₹4,986.71 crore after tax on a standalone basis, against a lower figure in the same quarter of the previous fiscal year. Total income moved slightly higher, up 1.2% at ₹29,234 crore.
PSU Connect put the half-year profit after tax at ₹9,732 crore. The standalone quarterly number is the one that compares directly with the year-ago quarter: it implies ₹4,999.29 crore after tax in Q2 FY26. That arithmetic follows from the reported year-on-year rise and the reported current-quarter PAT.
Consolidated net profit slips to ₹7,681.51 crore
The other profit line in the PFC Q2 results went the other way. Consolidated net profit fell 2% year on year to ₹7,681.51 crore, with higher expenses cited as the reason for the drop. NDTV Profit and Rediff Money both carried the lower consolidated figure, while the standalone PAT was up sharply.
The gap between the two profit lines is wide. Consolidated net profit is reported around ₹7,681.51 crore, while standalone PAT is ₹4,986.71 crore. The reports do not break down the gap by subsidiary, but the difference shows why the two PFC Q2 results headlines can point in opposite directions.
₹4.10 interim dividend and dates to watch
The board declared a second interim dividend of ₹4.10 per share for FY27 with the Q2 results. Zee Business reported that the Maharatna PSU declared the dividend alongside the quarterly numbers, and scanx and PSU Connect both gave the same per-share amount. The record date is 17 November 2026. investywise added that dividend payment is expected by 4 December 2026.
Livemint had earlier flagged that PFC, CONCOR, RITES and Sonata were among firms likely to announce dividends with their Q2 results this week. For the PFC Q2 results, the immediate dates are the record date on 17 November and the payment window by 4 December.
REC merger push and sharp share reaction
powerpeakdigest reported that PFC advanced the proposed merger with REC alongside the dividend announcement. No new merger terms were in the supplied reports, only that the process was moved forward.
EquityPandit reported that PFC shares hit a day high of ₹325.45, up 2%, after the standalone profit print and the dividend declaration. That share move sits alongside the mixed profit profile: standalone PAT up 11.76%, consolidated net profit down 2%.
The Q2 FY27 earnings and capital-return story now heads toward the 17 November record date for the ₹4.10 second interim dividend, with payment expected by 4 December 2026.
Reporting from
- PFC Q2 Results: Net Profit Falls 2% To Rs 7,682 Crore, Declares 2nd Interim Dividend — NDTV Profit
- PFC Q2 FY27 Results: H1 Profit After Tax Rises To ₹16,679 Crore — Sarkaritel.com
- PFC Dividend 2026: Maharatna PSU declares 2nd interim dividend for FY27 with Q2 results; Check record date — Zee Business
- Cash rewards coming? PFC, CONCOR, RITES, to Sonata- These firms to announce dividend with Q2 results 2026 this week — Livemint
- Power Finance Corporation Ltd to consider FY27 second dividend — Multibagg AI
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