Skip to main content

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
Join our WhatsApp Channel
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
NHRC
NHRC Comes to Patna: Bihar Human Rights Cases to Face Fresh Scrutiny
Dibrugarh Bangladesh cargo 2
From Assam to Dhaka by River: Dibrugarh Sends First International Cargo in Decades
Chintan Shivir 2026 4
India’s Highway Reset: Gadkari Unveils Roadmap for Safer, Greener Roads
bihar skill center
Bihar to Allocate 871 Digital Mitra Centres Under Kushal Yuva Programme
Zero Ka Dum
BPCL Plans $3 Billion Bond Issue to Fund $2.8 Billion Brazil Offshore Oil Project
NLC-INDIA-resized-neyvili
NLC India Appoints P L S S Chaitanya Prakash as Director (Power) Until December 2029
Shams Alam para game
Three Games, One Champion: Bihar’s Shams Alam Returns to Asian Para Games
NALCO LVPEI Eye Care Centre
NALCO Foundation and LVPEI Sign Addendum to Operationalise Eye Care Centre in Odisha
ADVERTISEMENT
ADVERTISEMENT
Videos
Keshav kumar
From Police Officer to Forensic Pioneer: How Dr Keshav Kumar Made Science a Weapon Against Crime
ChatGPT Image Aug 20, 2026, 05_46_21 PM
How IPS Officer Keshav Kumar Used Forensics to Crack Gujarat’s Lion Poaching Case
Shakeel Ahmad Ganie IRS Interview
‘My Path Has Not Been Straight’: Shakeel Ahmad Ganie’s Journey to the IRS
ADVERTISEMENT
UPSC Stories
Aayush Sharma
Three CDS Attempts, Five AFCAT Qualifications & Medical Setback: How Aayush Sharma Secured CAPF AIR 135
After three unsuccessful SSB attempts, five AFCAT qualifications and a medical setback, Aayush Sharma...
Tushar Chaudhary IRMS
He Left Intel, Built COPAL-19, Spent Months at AIIMS, Ran Half Marathons, and Returned to UPSC—Tushar Chaudhary’s Journey to IRMS
UPSC ESE AIR 4 Tushar Chaudhary left a ₹25 LPA Intel job, built COPAL-19, spent months at AIIMS, ran...
Mayank Sachan UPSC CAPF
15+ Exam Failures, 15 Years in the Navy: How Mayank Sachan Secured AIR 343 in UPSC CAPF
Former Indian Navy sailor Mayank Sachan secured AIR 343 in UPSC CAPF 2025 after 15+ exam failures, two...
CSR NEWS
NALCO LVPEI Eye Care Centre
NALCO Foundation and LVPEI Sign Addendum to Operationalise Eye Care Centre in Odisha
The renewed agreement aims to make the Secondary Plus Eye Care Centre operational within the next few...
cmpdi
CMPDI Signs Two MoAs to Train 120 Unemployed Youth in Odisha Under CSR Initiatives
Agreements with SDI and CTTC, Bhubaneswar, will provide training in solar PV installation, industrial...
HCL Anupam Misra CSR Initiatives
HCL CMD Anupam Misra Inaugurates Key CSR, Safety Initiatives at Indian Copper Complex
Pisciculture project, new ambulance and Rescue Room inaugurated at ICC; Safai Mitras felicitated and...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
NHRC
NHRC Comes to Patna: Bihar Human Rights Cases to Face Fresh Scrutiny
Dibrugarh Bangladesh cargo 2
From Assam to Dhaka by River: Dibrugarh Sends First International Cargo in Decades
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Keshav kumar
ChatGPT Image Aug 20, 2026, 05_46_21 PM
Shakeel Ahmad Ganie IRS Interview
ADVERTISEMENT
ADVERTISEMENT