Power Grid Corporation of India Limited (POWERGRID) reported an 8.4% year-on-year rise in consolidated net profit to Rs 3,866.16 crore in the second quarter of FY2026-27, compared with Rs 3,566.08 crore in the same period last year.
The company’s total income also increased to Rs 12,055.11 crore from Rs 11,670.24 crore.
The company’s board has approved an interim dividend of Rs 3 per share for FY2026-27. The company has fixed November 6 as the record date for the dividend.
POWERGRID continued investing in expanding its transmission network in the first half of the financial year.
It spent Rs 16,864 crore on capital expenditure and added assets worth Rs 9,300 crore to its books.
As of September 30, the company operated 1,87,576 circuit kilometres of transmission lines and 293 substations, with a total transformation capacity of 6,49,116 MVA.
It also maintained 99.81% transmission system availability during the first half of the year.
During the second quarter, POWERGRID also secured six new transmission projects through competitive bidding, including five inter-state and one intra-state project.
The company’s continued investments reflect the growing need to strengthen India’s power transmission network.
With electricity demand rising and renewable energy capacity expanding, the development of reliable transmission infrastructure will remain important for ensuring efficient power supply across the country.
