Power Grid Corporation of India Ltd (PGCIL), the state-owned Maharatna PSU, on Monday, 19 May 2025, announced its financial results for the January–March quarter of FY 2024–25. The company reported a slight dip of 0.56% in its net profit, which stood at ₹4,143 crore in Q4FY25 compared to ₹4,166 crore in the same period last fiscal.
Despite the marginal decline in profitability, the company continues to reward its shareholders. The board of directors has recommended a final dividend of ₹1.25 per equity share of face value ₹10 each for FY 2024–25. This amounts to 12.5% of the paid-up equity share capital and is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
“Recommended final dividend of ₹1.25/- per equity share of ₹10/- each (@12.5% of the paid-up equity share capital) for the Financial Year 2024-25 subject to the approval of the shareholders at the ensuing AGM,” the company stated in its regulatory filing to the BSE.
Eligible shareholders will receive ₹1.25 for every share they own in the company. Once approved, the dividend will be disbursed within the statutory timeframe following the AGM.
About Power Grid Corporation of India
Power Grid Corporation of India Limited is an Indian central public sector undertaking under the ownership of the Ministry of Power, Government of India. It is engaged mainly in transmission of bulk power across different states of India. It is headquartered in Gurugram.
