PFC, IRFC, and NMDC in Focus: What Investors Should Know Before March 17

New Delhi, March 16, 2026: As the financial year winds down, the PSU sector is buzzing with activity. Tomorrow, March 17, 2026, is a crucial date for Power Finance Corporation (PFC) shareholders as the board meets to decide on a 4th Interim Dividend.

1. Power Finance Corporation (PFC): Detailed Analysis

PFC has been a standout performer this year, backed by strong quarterly earnings and a consistent dividend policy.

Q3 FY2025-26 Performance

In its latest quarterly report (Dec 2025), PFC showed robust financial health:

• Consolidated Net Profit: Jumped 6% YoY to ₹8,211.90 crore.

• Revenue from Operations: Rose 9% YoY to ₹29,140.57 crore.

• Loan Asset Growth: The loan book expanded by 13%, with a significant 28% growth in the Renewable Energy sector.

Dividend History (FY 2025-26)

PFC has already rewarded shareholders three times this fiscal year:

• 1st Interim: ₹3.70 per share (Aug 2025)

• 2nd Interim: ₹3.65 per share (Nov 2025)

• 3rd Interim: ₹4.00 per share (Feb 2026)

• Total so far: ₹11.35 per share. Investors are now eyeing the 4th payout tomorrow.

2. IRFC & NMDC: Quick Snapshot

• IRFC: Recently posted its highest-ever quarterly profit. While the record date for the current dividend was March 13, the stock remains in focus for its "Zero NPA" status and massive AUM of ₹4.75 lakh crore.

• NMDC: The mining giant’s production and sales growth continue to support its high dividend yield (approx. 4-5%).