POWERGRID, a leading CPSE in the power sector under the Ministry of Power, Government of India, has disclosed its financial performance for the first quarter of the fiscal year 2026. The company reported a Profit After Tax (PAT) of ₹ 3,631 Cr. and a Total Income of ₹ 11,444 Cr. on a consolidated basis.
During the same period, on a standalone basis, POWERGRID achieved a PAT of ₹ 3,653 Cr. and Total Income of ₹ 11,257 Cr., showcasing a year-on-year growth of 7% and 4%, respectively. The company also disclosed a Capital Expenditure of ₹ 6,981 Cr. with assets worth ₹ 1,683 Cr. being capitalized (excluding FERV and finance lease assets) on a consolidated basis up to Q1FY26.
POWERGRID’s Gross Fixed Assets on a consolidated basis amounted to ₹ 2,92,446 Cr. as of June 30, 2025, which included Gross Lease Receivables. The company’s transmission assets, comprising 1,80,533 ckm of transmission lines, 284 strategically positioned substations, and 5,66,831 MVA of transformation capacity, were operational by the end of Q1FY26.
Utilizing advanced maintenance practices, automation, and digitization, POWERGRID maintained an impressive average transmission system availability of 99.84% throughout Q1FY26. The company’s commitment to ensuring uninterrupted electricity transmission plays a crucial role in driving economic progress and prosperity.
This robust financial performance and operational efficiency underscore POWERGRID’s pivotal position in facilitating reliable power transmission across the nation.
