Power Grid Corporation of India Limited has submitted to the Exchange, the financial results recommendation of Final Dividend for the period ended March 31, 2026.
POWERGRID · price
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Power Grid Corporation reported standalone profit of Rs. 15,921 crore for FY2025-26, up 3.7% from Rs. 15,353.57 crore in the previous year. Revenue from operations stood at Rs. 40,904.20 crore. The Board recommended a final dividend of Rs. 1.25 per share, taking the total dividend for FY2025-26 to Rs. 9.00 per share (Rs. 4.50 interim paid in December 2025 + Rs. 3.25 interim paid in February 2026 + Rs. 1.25 final). The company also approved raising funds up to Rs. 5,000 crore through unsecured rupee term loans. Additionally, the Board gave in-principle approval for divestment of stake in CTUIL (subsidiary) and some joint ventures.
The company maintained healthy profitability with improved EPS (Rs. 17.12 vs Rs. 16.51) and continued its shareholder-friendly dividend policy with 90% total dividend payout. The fund raising will support capex requirements for the transmission business. Overall, positive for income-seeking investors given the high dividend payout.