Power Finance Corporation (PFC) reported its Q4 FY26 results with a steady rise in profitability, supported by improved operating performance and stronger margins, even as revenue witnessed a slight decline on a year-on-year basis.
The state-owned power sector financier posted a net profit of ₹6,999 crore for the fourth quarter, marking a growth of 10.8% compared to ₹6,316.5 crore reported in the corresponding quarter last year. The rise in profit reflects improved operational efficiency and stable lending performance during the quarter.
PFC’s revenue from operations slipped marginally by 1.2% YoY to ₹28,919.5 crore against ₹29,265 crore in the year-ago period. Despite the decline in top-line numbers, the company managed to deliver better earnings through higher operating income and margin expansion.
EBITDA for the quarter increased 5% YoY to ₹28,503 crore from ₹27,117 crore reported in the same quarter last year. EBITDA margin stood at 98.6%, sharply higher compared to 92.7% in the corresponding quarter of the previous fiscal, highlighting stronger profitability and cost efficiency.
The Q4 performance comes amid continued focus on India’s power and infrastructure financing sector, where PFC remains one of the key lenders. Investors will also closely track the company’s future loan growth, asset quality trends and funding pipeline linked to the government’s infrastructure and energy transition push.