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
Rajasthan Uniform Civil Code
Rajasthan IAS-RAS Transfer: 26 IAS, 53 RAS Officers Transferred Ahead of Civic Polls; 14 Trainee IAS Posted as OSDs
PMGSY Bihar rural road connectivity
Bihar Govt Transfers 14 IAS Officers; Patna Commissioner, 5 District Magistrates Replaced, Pankaj Kumar Gets Home
Operation Sindoor Documentary
Operation Sindoor: Pakistan Missile Aimed at Delhi Intercepted at Sirsa; India Hit Back With BrahMos, Documentary Reveals
Guide To Grasslands
India Launches First-Ever Guide to Grasslands and Open Natural Ecosystems at UNCCD COP17
Nag Panchami: South Panna Forest Dept Uses ‘SarpLok’ Game to Teach Children Snakebite Safety mp
Nag Panchami: MP's South Panna Forest Dept Uses ‘SarpLok’ Game to Teach Children Snakebite Safety
cm hemant
Jharkhand’s Real Capital Is Its Youth, Says CM Hemant Soren
bihar buses
Bihar: 78 Deluxe Buses Reach Patna, BSRTC to Expand Inter-State Services Ahead of Festive Season
sports bihar
Bihar to Build Advanced Sports Science Centre in Rajgir, Tender Process to Begin Next Week
ADVERTISEMENT
ADVERTISEMENT
Videos
Shakeel Ahmad Ganie IRS Interview
‘My Path Has Not Been Straight’: Shakeel Ahmad Ganie’s Journey to the IRS
Sumit Ramteke tn
IPS Sumit Ramteke on the Cases That Changed His Career and Shook Organized Crime | Video Interview
How NAFED is Strengthening Farmers, Markets and Food Security
How NAFED is Strengthening Farmers, Markets and Food Security
ADVERTISEMENT
UPSC Stories
Prachi Jain
A Failed Prelims, A Fractured Leg & One More Shot: How Prachi Jain Made AIR 714
Prachi Jain secured AIR 714 in UPSC CSE 2025 after setbacks, injury and two interviews, and now prepares...
Abhay Pratap Singh UPSC CAPF 2025
From 10 SSB Setbacks to UPSC CAPF AIR 191: Abhay Pratap Singh’s Journey in Uniform
After 10 SSB setbacks, postal department job and two CAPF attempts, Abhay Pratap Singh cleared UPSC CAPF...
From Engineering Desks to the Uniform: The Inspiring Journeys of UPSC CAPF 2025’s Top 5 Toppers
From Engineering Desks to the Uniform: The Inspiring Journeys of UPSC CAPF 2025’s Top 5 Toppers
Sheershoo Deb, Aryan Sheoran, Akanksha Vishwakarma, Rohan and Harsh Shankarlal Solanki prove that there...
CSR NEWS
REC Mobile Medical Units
Chhattisgarh Governor Ramen Deka Flags Off 6 REC-Supported Mobile Medical Units Worth ₹7.21 Crore 
Governor Ramen Deka flags off REC-supported MMUs to strengthen last-mile healthcare delivery and improve...
CSR TIMES Awards
NLC India Bags Gold at CSR TIMES Awards 2026 for Over 150 Rural Infrastructure Projects 
NLCIL recognised in the Rural & Infrastructure Development category after implementing over 150 projects...
Project Bright Horizon
HPCL, Assam Rifles and Antogattva Foundation Sign MoU to Launch Project Bright Horizon in Northeast
Project Bright Horizon aims to directly impact 1,500 people and benefit 2,500 more through better learning,...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Rajasthan Uniform Civil Code
Rajasthan IAS-RAS Transfer: 26 IAS, 53 RAS Officers Transferred Ahead of Civic Polls; 14 Trainee IAS Posted as OSDs
PMGSY Bihar rural road connectivity
Bihar Govt Transfers 14 IAS Officers; Patna Commissioner, 5 District Magistrates Replaced, Pankaj Kumar Gets Home
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Shakeel Ahmad Ganie IRS Interview
Sumit Ramteke tn
How NAFED is Strengthening Farmers, Markets and Food Security
ADVERTISEMENT
ADVERTISEMENT