POWERGRID declares an interim dividend of ₹3 per share.

(01.11.26 – By NewsIP Bureau – New Delhi)

Power Grid Corporation of India Limited (POWERGRID) reported consolidated profit after tax (PAT) of ₹3,866 crore for the quarter ended September 30, 2026, up 8% year on year. The Maharatna company announced its financial results for the second quarter and first half of FY2026-27 on November 1, 2026.

Standalone and consolidated results

On a standalone basis, POWERGRID posted PAT of ₹3,819 crore and total income of ₹11,900 crore in Q2FY27. On a consolidated basis, total income was ₹12,055 crore. The company said consolidated PAT and total income grew 8% and 3%, respectively, compared with the same quarter of the previous year.

Capital spending and asset base

POWERGRID incurred consolidated capital expenditure of ₹16,864 crore through September 30, 2026. It capitalised assets worth ₹9,300 crore over the period, excluding foreign exchange rate variation (FERV) and including assets capitalised as finance leases. The company’s consolidated gross fixed assets stood at ₹3,29,852 crore as of September 30, 2026. The figure includes gross lease receivables, according to the results announcement.

Transmission network and new projects

At the end of Q2FY27, POWERGRID and its subsidiaries had 1,87,576 circuit kilometres (ckm) of transmission lines, 293 substations and 6,49,116 MVA of transformation capacity. The company reported average transmission system availability of 99.81% through the quarter. During the quarter, POWERGRID was the successful bidder for six transmission projects under tariff-based competitive bidding. These comprised five Inter-State Transmission System projects, including the ±800kV Barmer-II–South Kalamb high-voltage direct-current (HVDC) project, and one Intra-State Transmission System project.

Interim dividend declared

POWERGRID declared a first interim dividend of ₹3 per equity share for FY2026-27. Each share has a face value of ₹10. The announcement describes the dividend as 30% of the paid-up equity share capital; it does not provide a record date or payment date.