PFC reported its highest ever standalone net profit of ₹20,051 crore for FY26, a 16% YoY increase, driven by 13% NII growth and ₹1,800 crore in provision reversals.
The company announced a final dividend of ₹3.95 per share, bringing the total FY26 dividend to ₹18.55 per share, and its net worth crossed the ₹1 lakh crore milestone.
PFC and REC boards have given in-principle approval for a merger, targeting a combined entity by April 1, 2027, subject to regulatory and government approvals.
Loan book grew 7% to ₹5.8 lakh crore in FY26, with guidance for 10% growth in FY27; asset quality strengthened with net NPA at 0.15% and 80% of peak NPA book resolved.