Power Grid Corporation of India Limited has released its audited consolidated financial results for the quarter and year ending March 31, 2026.
The company reported a decrease in total income but an increase in net profit for the quarter.
In the March 2026 quarter, Power Grid's total income decreased by 4.9% year-on-year (YoY) to ₹11,970.69 crore from ₹12,590.80 crore in the same quarter of the previous year.
This also marks a 4.99% decline quarter-on-quarter (QoQ) from ₹12,599.08 crore in December 2025.
Despite the drop in income, the net profit (PAT) for the March 2026 quarter increased by 9.7% YoY to ₹4,546.33 crore, compared to ₹4,142.87 crore a year ago.
The PAT also rose by 8.6% QoQ from ₹4,184.96 crore in December 2025.
For the financial year 2025-26, Power Grid's total income saw a slight increase of 0.5% YoY, reaching ₹47,684.43 crore from ₹47,459.38 crore in the previous year.
The net profit for FY26 rose by 2.6% YoY to ₹15,927.95 crore from ₹15,521.44 crore.
The company has recommended a final dividend of ₹1.25 per equity share of ₹10 each, representing 12.50% of the paid-up equity share capital for FY26. This is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
The final dividend is in addition to the 1st Interim Dividend of ₹4.50 per share (45%) paid on December 1, 2025, and the 2nd Interim Dividend of ₹3.25 per share (32.5%) paid on February 27, 2026.
Power Grid also plans to raise funds through an Unsecured Rupee Term Loan or Line of Credit (Bank Facility) up to ₹5,000 crore via competitive bidding from its current consortium of bankers or existing lenders.
Read More: Gujarat Initiates 870 MW Battery Storage Systems Across Five Locations to Support Renewable Energy Grid!
As of May 15, 2026, at 3:30 PM, Power Grid Corporation of India share price on NSE was closed at ₹305.85 up by 1.36% from the previous closing price.
Power Grid Corporation of India Limited has demonstrated a robust financial performance in terms of profitability despite a decline in income. The proposed final dividend and plans to raise funds indicate strategic financial management.
For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: May 18, 2026, 8:32 AM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
EN