Overview
- Consolidated net profit rose nearly 9% year-on-year to ₹7,834.39 crore on higher income in the September quarter.
- On a standalone basis, profit in Q2 increased 2% to ₹4,462 crore, while net interest income grew about 20% to ₹5,290 crore.
- The board approved a second interim dividend of ₹3.65 per share with a November 26 record date, taking FY26 interim payouts to ₹7.35 per share and slated to be credited by December 6.
- Asset quality improved with the gross and net credit impaired ratios at 1.87% and 0.37% at September end; PFC also classified a ₹263 crore exposure as fraud with 100% provisioning.
- The consolidated loan asset book expanded about 10% to ₹11,43,369 crore, the renewable loan book jumped 32% to ₹84,679 crore, capital adequacy stood at CRAR 21.62% and Tier 1 19.89%, and the company cited new funding tie-ups with JBIC and Export Finance Australia.