Power Grid Q2 net profit rises 8% to ₹3,866 crore

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The transmission major also reported higher quarterly income, substantial capital expenditure and 99.81 per cent average transmission system availability

By PTI

Updated - November 01, 2026 at 11:00 PM. | New Delhi

Power Grid Corporation of India reported an over 8 per cent rise in consolidated net profit in the September quarter. | Photo Credit: SOMASHEKARA GRN

State-owned Power Grid Corporation of India on Sunday posted over eight per cent year-on-year rise in its consolidated net profit at Rs 3866.16 crore in September quarter.

The consolidated net profit of the company was Rs 3,566.08 crore in the quarter ended on September 30, 2025, an exchange filing showed.

Total income rose to Rs 12,055.11 crore in the quarter from Rs 11,670.24 crore in the same period year ago.

Board approves ₹3 interim dividend

The company’s board also approved payment of first interim dividend of Rs 3 per equity share of Rs 10 each (@30 per cent of the paid-up equity share capital) for the financial year 2026-27.

The record date for the purpose of payment of dividend shall be Friday, 6th November, 2026 and first interim dividend will be paid to the members on Monday, 30th November, 2026.

Capital expenditure and asset additions

In a statement, the company said it incurred a capital expenditure of Rs 16,864 crore and capitalized assets worth Rs 9,300 crore (excluding FERV and including assets capitalized as finance lease) on consolidated basis till September 30, 2026.

Power Grid’s Gross Fixed Assets on consolidated basis stood at Rs 3,29,852 crore (including Gross Lease Receivables) as on September 30, 2026.

Transmission network and system availability

At the end of Q2FY27, the total transmission assets of the company and its subsidiaries stood at 1,87,576 ckm (circuit kilometre) of transmission lines, 293 substations and 6,49,116 MVA of transformation capacity.

The company maintained average transmission system availability of 99.81 per cent till Q2FY27.

Published on November 1, 2026

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