https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

POWERGRID Posts ₹7,197 Crore Profit After Tax and ₹23,115 Crore Total Income in H1 FY2026, Declares ₹4.50 Interim Dividend

Maharatna PSU Maintains 99.83% Transmission System Availability; Announces ₹4.50 Interim Dividend and Wins Five New Projects Worth ₹7,700 Crore Under TBCB Mechanism
Indian Masterminds Stories

New Delhi: Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Public Sector Undertaking under the Ministry of Power, Government of India, has announced its unaudited financial results for the second quarter (Q2) and half-year (H1) ended September 30, 2025. The company continues to demonstrate strong operational and financial performance, consolidating its position as India’s leading power transmission utility.

Robust Financial Performance in H1 FY2026

On a consolidated basis, POWERGRID reported a Profit After Tax (PAT) of ₹3,566 crore and Total Income of ₹11,670 crore for the second quarter (Q2 FY26). On a standalone basis, PAT stood at ₹3,555 crore, while Total Income was ₹11,348 crore.

For the first half of FY2026 (H1 FY26), the company posted a consolidated PAT of ₹7,197 crore and Total Income of ₹23,115 crore. During the corresponding period of FY2025, the company had recorded a PAT of ₹7,517 crore and Total Income of ₹23,126 crore, indicating stable performance despite evolving market conditions.

On a standalone basis, POWERGRID achieved a PAT of ₹7,208 crore and Total Income of ₹22,605 crore for H1 FY26, compared to ₹7,123 crore and ₹22,234 crore respectively in the same period last year.

Read also: Power Grid Concludes Vigilance Awareness Week 2025 in Gurugram, Launches PG MAS and Candour Journal

Strong Asset Base and Operational Efficiency

As of September 30, 2025, POWERGRID and its subsidiaries manage an extensive network comprising 1,80,864 circuit kilometers (ckm) of transmission lines, 286 substations strategically located across India, and a total transformation capacity of 5,81,831 MVA.

During the first half of FY2026, the company incurred a capital expenditure of ₹15,385 crore and capitalized assets worth ₹3,888 crore (excluding FERV but including assets capitalized as Finance Lease) on a consolidated basis. The company’s Gross Fixed Assets, including gross lease receivables, stood at a significant ₹2,95,148 crore as of September 30, 2025.

Dividend and Project Wins

Continuing its track record of rewarding shareholders, POWERGRID has declared a first interim dividend of ₹4.50 per equity share (45% of the paid-up share capital) for FY2026 — matching the dividend declared during the same period in the previous fiscal year.

Further strengthening its growth trajectory, POWERGRID emerged as the successful bidder for five new projects under the Tariff-Based Competitive Bidding (TBCB) mechanism during Q2 FY26. The estimated Network Capital Transmission (NCT) cost for these projects stands at approximately ₹7,700 crore, underscoring the company’s leadership in India’s power transmission sector.

Industry-Leading System Availability

POWERGRID’s focus on reliability, technology, and operational excellence continues to set benchmarks in the power sector. Leveraging state-of-the-art maintenance techniques, automation, and digitization, the company maintained an average transmission system availability of 99.83% during H1 FY26 — among the highest in the world.

Sustaining Growth and National Energy Goals

POWERGRID’s consistent financial performance, expanding transmission network, and investment in innovation reflect its critical role in strengthening India’s power infrastructure. The company remains committed to supporting the Government of India’s vision of delivering reliable, affordable, and sustainable electricity to all.

About Power Grid Corporation of India Limited

Power Grid Corporation of India Limited (PGCIL) is a Maharatna central public sector enterprise under the Ministry of Power, Government of India. As the largest transmission utility in the country, Power Grid plays a pivotal role in planning, implementing, and operating a robust nationwide power transmission network. With a workforce committed to innovation, excellence, and ethical practices, Power Grid continues to focus on creating a sustainable, transparent, and corruption-free organizational culture while serving the nation’s growing energy needs.

Read also: POWERGRID and Nepal Electricity Authority Sign Landmark Deal to Strengthen Cross-Border Power Transmission


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Bilaspur Train Accident
Bilaspur Train Accident in Chhattisgarh: How Many Dead? Collector Sanjay Agrawal Updates on Rescue Operations
NMDC Steel Ltd
Leadership Updates: NMDC Limited Appoints C Neelakanta Reddy as Chief Vigilance Officer to Boost Governance
Yogi Government
Lucknow Tops UP in Revenue Case Disposal; Jaunpur Leads District-Level Court Performance for 13th Straight Month 
UP sugarcane price hike 2025–26
Yogi Govt Rings in 2025-26 Sugarcane Crushing Season with Historic ₹30/Quintal Price Hike; 21 Mills Begin Operations in Uttar Pradesh
Chhatrapati Shivaji Maharaj Museum Agra
CM Yogi to Hand Over Keys of EWS Flats Built on Land Freed from Mafia Don Mukhtar Ansari’s Encroachment in Lucknow 
PLI 1
Govt Launches PLI 1.2 for Speciality Steel to Drive Investment and Make India a Global Steel Hub
Launch_of_Digital_Life_
WCL Launches Digital Life Certificate (DLC) Campaign 4.0 to Enhance Pensioners’ Convenience and Promote Digital Empowerment
Bilaspur train collisions
Bilaspur Train Collision: Passenger and Freight Trains Collide in Chhattisgarh; Collector and SP Give Contrasting Statements on Death Toll
ADVERTISEMENT
ADVERTISEMENT
Videos
CS Rao, IFS Officer
How IFS Officer C.S. Rao Is Transforming Sikkim Into a Model of Green and Sustainable Tourism
WhatsApp Image 2025-10-31 at 13.49
Walking with the Wild: How Dr. Sonali Ghosh is Protecting Assam’s Forests
Former IAS Anil Swarup
Former IAS Anil Swarup Reveals His Secrets of Success
ADVERTISEMENT
UPSC Stories
asjhajshaj
The Soil That Raised Him Now Celebrates Him: How Farmer’s Son & Teacher Kamal Khadav Became SDM - After Mishearing a Question in His Interview
Farmer’s son Kamal Khadav from Bedawadi, Nagaur, secured 9th rank in RAS 2023 through self-study while...
WhatsApp Image 2025-11-01 at 15.31
How Safna Nazarudeen Became Kerala’s Youngest Muslim Woman IAS Officer
Safna Nazarudeen, youngest Muslim woman from Kerala to crack UPSC with All India Rank 45, now serves...
Rashi Kumawat RAS Rajasthan
RAS Topper Rashi Kumawat: Meet The Supermom Who Balanced Government Job, Motherhood & Dreams to Secure 6th Rank
Jaipur’s Rashi Kumawat, a gold medalist engineer and working mother, secured 6th rank in RAS 2023 through...
Social Media
IAS Pari Bishnoi
“Don’t Quit”: IAS Pari Bishnoi’s Inspiring Journey From Weight Gain to UPSC Glory is Inspiring Millions Across India
IAS officer Ms. Pari Bishnoi’s journey from failure to achieving All India Rank 30 in the UPSC exam showcases...
Tenzin Yangki IPS Arunachal
Historic First: Who Is Tenzin Yangki, Arunachal Pradesh’s First Woman to Join IPS? Anand Mahindra Hails Her
She secured an impressive 545th rank in the prestigious UPSC Civil Services Examination - 2022.
IFS Parveen Kaswan
Heartbreak by the River: 15-Day-Old Elephant Calf Rejected by Mother, Rescued by IFS Parveen Kaswan and His Team
Jaldapra, West Bengal: In a moving incident that tugs at the heart, a 15-day-old elephant calf was rescued...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Bilaspur Train Accident
Bilaspur Train Accident in Chhattisgarh: How Many Dead? Collector Sanjay Agrawal Updates on Rescue Operations
NMDC Steel Ltd
Leadership Updates: NMDC Limited Appoints C Neelakanta Reddy as Chief Vigilance Officer to Boost Governance
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
CS Rao, IFS Officer
WhatsApp Image 2025-10-31 at 13.49
Former IAS Anil Swarup
ADVERTISEMENT
ADVERTISEMENT