Power Grid Corporation reported an 8% increase in net profit for the September quarter, driven by steady transmission revenues. The company also announced an interim dividend of ₹3 per share. Investors should note the record date for this payout is November 6, 2026, as the firm continues its large-scale infrastructure expansion.
Power Grid Corporation of India posted a consolidated net profit of ₹3,866.16 crore for the quarter ending September 30, 2026. This is an 8% increase compared to the ₹3,566.08 crore profit reported in the same period last year. Total income for the quarter stood at ₹12,055.11 crore, reflecting stable demand for electricity transmission services across the country.
The board has approved an interim dividend of ₹3 per equity share with a face value of ₹10. For shareholders, the important date to track is November 6, 2026, which is the record date for eligibility. The company plans to distribute these funds on November 30, 2026.
As a key player in the national power grid, the company maintains its utility-like performance with a transmission system availability rate of 99.81%. Its asset base remains massive, with gross fixed assets totaling ₹3,29,852 crore. During the first half of the current fiscal year, the company spent ₹16,864 crore on capital expansion projects. This spending reflects its ongoing role in building new transmission lines to support renewable energy and maintain grid stability.
While the company shows consistent growth, it carries a significant debt burden due to the nature of utility infrastructure. As of September 30, 2026, the company reported standalone non-current borrowings of approximately ₹1,26,218.37 crore. This heavy reliance on debt is necessary to fund continuous project execution. Investors may continue to track how the company manages this debt profile while balancing future capital spending requirements needed to integrate renewable energy sources into the national network.