17 October 2026
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
BEL TechConnect Initiative
BEL TechConnect Engages MNIT Jaipur, NITK Surathkal to Inspire Young Engineers in Defence Technology
pfc
PFC Wins Gold Award at ASSOCHAM 21st Annual Summit for Overall Performance in Infrastructure Finance 
NMDC Vigilance Portal
NMDC Launches NSL Vigilance Portal, Quarter Management System; Releases Vigilance Manual 2026
DFCCIL logo
DFCCIL MD Selection: PESB Recommends No Candidate, Ministry to Decide Next Steps 
RailTel SD-WAN Order
RailTel Bags ₹18.99 Crore Order from Health Insurance TPA of India for IT and Cybersecurity Solutions 
RIMS Ranchi New Departments
Jharkhand’s RIMS Plans 10 New Departments at ₹466 Crore, Proposes 256 PG and 150 Super-Speciality Seats
India’s Space Economy
India’s Space Economy to Reach USD 40–45 Billion in 7–8 Years as Private Investment Rises: Jitendra Singh 
Hemant Soren ₹10 Lakh Medical Aid
Jharkhand CM Hemant Soren Provides ₹10 Lakh Medical Aid to Six-Year-Old for Ear Treatment
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr Saket Badola IFS
Beyond Tigers and Safaris: How Corbett Literature Festival Wants to Change the Conservation Conversation
PK Jena
Why Technology Cannot Replace Human Connection in Governance: P.K. Jena
PK Jena
The IAS Officer Who Put People Before Paperwork: How PK Jena Challenged Corruption and Reformed Governance
ADVERTISEMENT
UPSC Stories
Umar Janj UPSC CAPF
15+ Failures Couldn’t Stop Him: Umar Janj Secures AIR 160 in UPSC CAPF 2025
After multiple SSB setbacks, a CAPF interview miss by 12 marks and more than 15 failures, Umar Janj secured...
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...
CSR NEWS
NBCC India CSR Award 2026
NBCC India Wins Award for Excellence in CSR at 4th Fortune Leadership Awards 2026
The recognition honours NBCC’s community welfare initiatives and efforts to improve healthcare accessibility...
HURL ALIMCO
HURL Signs MoU with ALIMCO to Support Divyangjans and Senior Citizens in Gorakhpur, Barauni and Sindri
Under its CSR initiative, HURL will support PMD-VK Gorakhpur and facilitate the distribution of need-based...
MDL CSR Support to Divyasha Vayoshri Kendra
MDL Extends ₹3.79 Crore CSR Support to Divyasha Vayoshri Kendra in Mumbai
The initiative will strengthen access to assistive devices, prosthetics and rehabilitation services for...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
BEL TechConnect Initiative
BEL TechConnect Engages MNIT Jaipur, NITK Surathkal to Inspire Young Engineers in Defence Technology
pfc
PFC Wins Gold Award at ASSOCHAM 21st Annual Summit for Overall Performance in Infrastructure Finance 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr Saket Badola IFS
PK Jena
PK Jena
ADVERTISEMENT
ADVERTISEMENT