The company's standalone net profit during corresponding quarter of 2013-14 was Rs 1,411.41 crore, it said in a BSE filing.
Total income during the quarter increased to Rs 6,421.49 crore, as against Rs 5,578.61 crore a year ago.
For the entire fiscal 2014-15, the company's standalone profit stood at Rs 5,959.33 crore as compared to Rs 5,417.75 crore in 2013-14.
Total full year income also rose to Rs 24,906.80 crore, from Rs 21,337.60 crore a year ago, it said.
"... Thereby making total dividend of Rs 9.10 per share (face value of Rs 10 each) for the financial year 2014-15," the company said.
PFC shares today closed 0.78 per cent higher at Rs 279.50 per unit on the BSE.