POWERGRIDNSEPower Grid Corporation of India Limited· PowerHighNeutral
Announced Mon, 3 Nov · 18:19 IST

Power Grid Corporation of India Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.

Revenue DeclineEbitda Margin CompressionResults View source PDF

POWERGRID · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Power Grid Corporation of India Limited reported its unaudited financial results for the quarter and half year ended September 30, 2025. On a standalone basis, Q2 revenue from operations came in at Rs. 9,999.60 crore, down about 2.5% from Rs. 10,260.06 crore in the same quarter last year, while half-year revenue declined to Rs. 19,927.83 crore from Rs. 20,328.22 crore. Standalone profit for the quarter was Rs. 3,554.80 crore (vs Rs. 3,711.16 crore YoY), and half-year PAT grew marginally to Rs. 7,208.03 crore. On a consolidated basis, H1 PAT fell to Rs. 7,196.66 crore from Rs. 7,516.94 crore, with operating margin compressing to 84% from 90% a year ago. The Board also declared a first interim dividend of Rs. 4.50 per share (45% of paid-up capital) with a record date of November 10, 2025, and approved raising up to Rs. 6,000 crore via an unsecured rupee term loan from SBI.

Likely market impact

The slight dip in standalone revenue and consolidated margins may weigh modestly on sentiment, but the steady dividend and healthy operating cash flow of Rs. 13,385 crore (standalone) provide support. Shareholders benefit from the Rs. 4.50 interim dividend, while the new SBI loan facility gives the company flexibility to fund its ongoing capex in transmission infrastructure.