Power Grid Q2 results: net profit rises 8.4% to Rs 3,866 crore
Power Grid reported consolidated Q2 FY27 net profit of Rs 3,866.16 crore on revenue of Rs 11,816.22 crore, and declared a Rs 3.00 per share interim dividend, its filing with NSE shows.
Key points
- Power Grid said in its NSE filing that consolidated net profit for the September 2026 quarter was Rs 3,866.16 crore, up 8.4% from a year earlier.
- Consolidated revenue from operations was Rs 11,816.22 crore, up 3.0% year on year and up 2.8% from the previous quarter ended 30 June 2026.
- The board declared a first interim dividend of Rs 3.00 per share, with a record date of 6 November 2026 and payment on 30 November 2026.
Power Grid Corporation of India Limited reported a consolidated net profit of Rs 3,866.16 crore for the quarter ended 30 September 2026 (Q2 FY27), up 8.4% from Rs 3,566.08 crore a year earlier. Revenue from operations was Rs 11,816.22 crore, up 3.0% year on year, according to the company's filing with the National Stock Exchange on 1 November 2026. The board also declared a first interim dividend of Rs 3.00 per share.
What Happened
The company said its board met on 1 November 2026 and approved the unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026. The results carry a limited review report from the auditors. The figures below are consolidated.
Revenue from operations was Rs 11,816.22 crore in the September 2026 quarter. That compares with Rs 11,475.95 crore in the same quarter a year earlier (up 3.0%) and Rs 11,496.72 crore in the previous quarter ended 30 June 2026 (up 2.8%).
Profit for the period was Rs 3,866.16 crore. A year earlier it was Rs 3,566.08 crore (up 8.4%), and in the previous quarter it was Rs 3,598.42 crore (up 7.4%). Earnings per share, including the movement in regulatory deferral account balances, were Rs 4.16, against Rs 3.84 a year earlier and Rs 3.87 in the previous quarter.
For the half year ended 30 September 2026, revenue from operations was Rs 23,312.94 crore, up 2.8% from Rs 22,672.17 crore a year earlier. Profit for the half year was Rs 7,464.58 crore, up 3.7% from Rs 7,196.66 crore.
On dividends, the board declared a first interim dividend of Rs 3.00 per equity share of Rs 10 each for the financial year 2026-27, which is 30% of the paid-up equity share capital. The record date is 6 November 2026, and the dividend will be paid on 30 November 2026.
The filing's notes also say the board approved the divestment of the company's entire equity stake in Central Transmission Utility of India Limited, a wholly owned subsidiary, at its 1 November 2026 meeting. The filing says the investment is classified as an asset held for sale.
What It Means
For shareholders on the company's register on 6 November 2026, the filing sets out the Rs 3.00 per share interim dividend and the 30 November 2026 payment date. The record date is the date on which the company checks its list of shareholders to decide who gets the dividend.
The company's results are unaudited and have been reviewed, not audited, by its statutory auditors. Readers can find the full results, including the standalone statement, in the company's filing with the National Stock Exchange. Oquilia reports what the filing says and does not offer investment advice.
Oquilia Data: Power Grid Corporation of India Ltd. (NSE: POWERGRID)
| Close, 30 Oct 2026 | Rs 265.00 (+1.92% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | +1.73% / −7.25% / −16.76% / +0.15% / −9.09% |
| Against Nifty 50, 1M / 3M / YTD | −0.19 / −2.05 / +11.93 points |
| 52-week closing high / low | Rs 320.90 (27 Apr 2026) / Rs 244.65 (8 Oct 2026) |
| Turnover, 20-session average | Rs 236.44 cr; 64.6% delivered; latest volume 1.5x |
Closes adjusted for splits and bonuses; returns exclude dividends. Facts from NSE's files, not investment advice.
Full record: Power Grid Corporation of India share price on Oquilia
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India