Power Grid Corporation of India Ltd

Revenue from operations rose 10.3% YoY to Rs 12,395.09 crore in the quarter ended 31 December 2025. Profit before tax and regulatory deferral account balances rose 6.7% YoY to Rs 5,238.79 crore in Q3 FY26 from Rs 4,909.32 crore in Q3 FY25. Total expenses rose 7.11% YoY to Rs 7,314.07 crore in the quarter ended 31 December 2025. Employee expenses stood at Rs 659.28 crore (up 10.48% YoY), and finance cost was at Rs 2,190.50 crore (up 14.24% YoY) during the period under review. On the segmental front, revenue from transmission business stood at Rs 11,801.23 crore (up 5.93% YoY), revenue from consultancy business stood at Rs 496.51 crore (up 106.27% YoY), and revenue from telecom business stood at Rs 298.79 crore (up 8.91% YoY) during the quarter. Meanwhile, the company's board has recommended a second interim dividend of Rs 3.25 per equity share for the financial year 2025-26. The record date for the purpose of dividend payment has been fixed as Monday, 9 February 2026, and the second interim dividend will be paid to the members on Friday, 27 February 2026. Further, the Board cleared a proposal to borrow up to Rs 32,000 crore in FY26 through instruments including domestic bonds, term loans, external commercial borrowings, foreign currency bonds, multilateral funding, or supplier credit. Separately, Power Grid Corporation of India has approved an investment of Rs 173.14 crore for a power transmission project in Kerala, as per a regulatory filing on January 31. The project involves the augmentation of a third 500 MVA interconnecting transformer at the Thrissur 400/220 kV VSC HVDC station and is scheduled for commissioning by 21 August 2027. The Power Grid Corporation of India is a Maharatna CPSU and India's largest electric power transmission company.Powered by Capital Market - Live

Revenue from operations rose 10.3% YoY to Rs 12,395.09 crore in the quarter ended 31 December 2025. Profit before tax and regulatory deferral account balances rose 6.7% YoY to Rs 5,238.79 crore in Q3 FY26 from Rs 4,909.32 crore in Q3 FY25. Total expenses rose 7.11% YoY to Rs 7,314.07 crore in the quarter ended 31 December 2025. Employee expenses stood at Rs 659.28 crore (up 10.48% YoY), and finance cost was at Rs 2,190.50 crore (up 14.24% YoY) during the period under review. On the segmental front, revenue from transmission business stood at Rs 11,801.23 crore (up 5.93% YoY), revenue from consultancy business stood at Rs 496.51 crore (up 106.27% YoY), and revenue from telecom business stood at Rs 298.79 crore (up 8.91% YoY) during the quarter. Meanwhile, the company's board has recommended a second interim dividend of Rs 3.25 per equity share for the financial year 2025-26. The record date for the purpose of dividend payment has been fixed as Monday, 9 February 2026, and the second interim dividend will be paid to the members on Friday, 27 February 2026. Further, the Board cleared a proposal to borrow up to Rs 32,000 crore in FY26 through instruments including domestic bonds, term loans, external commercial borrowings, foreign currency bonds, multilateral funding, or supplier credit. Separately, Power Grid Corporation of India has approved an investment of Rs 173.14 crore for a power transmission project in Kerala, as per a regulatory filing on January 31. The project involves the augmentation of a third 500 MVA interconnecting transformer at the Thrissur 400/220 kV VSC HVDC station and is scheduled for commissioning by 21 August 2027. The Power Grid Corporation of India is a Maharatna CPSU and India's largest electric power transmission company. Shares of Power Grid Corporation of India fell 1.61% to settle at Rs 256.35 on Friday, 30 January 2026.Powered by Capital Market - Live

Power Grid Corporation of India has approved the  proposal for implementation of 'Augmentation of 1x500 MVA, 400/220kV ICT (3rd) at Thrissur VSC HVDC Station in Kerala', at an estimated cost of Rs 173.14 crore, scheduled to be commissioned by 21 August 2027. Powered by Capital Market - Live

Power Grid Corporation of India announced that the Board of Directors of the Company at its meeting held on 30 January 2026, inter alia, have recommended the Second Interim dividend of Rs 3.25 per equity Share (i.e. 32.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Power Grid Corporation of India has fixed 09 February 2026 as record date for payment of 2nd interim dividend, if declared. Powered by Capital Market - Live

Power Grid Corporation of India will hold a meeting of the Board of Directors of the Company on 30 January 2026.Powered by Capital Market - Live

The Committee of Directors on Investment on Projects of Power Grid Corporation of India in its meeting held today i.e., 20 January 2026, has considered and approved the following: the proposal for implementation of 'Procurement of cold spare Transformers & Reactors approved in 51st WRPC', at an estimated cost of Rs 401.88 crore, scheduled to be implemented within 30 months from the date of Investment Approval; the proposal for implementation of 'Procurement of cold spare Transformers & Reactors approved in 28th NERPC', at an estimated cost of Rs 166.33 crore', scheduled to be implemented within 30 months from the date of Investment Approval; the proposal for implementation of 'Procurement of cold spare Transformers & Reactors approved in 53rd SRPC', at an estimated cost of Rs 345.78 crore', scheduled to be implemented within 30 months from the date of Investment Approval. Powered by Capital Market - Live

Power Grid Corporation of India Ltd is down for a fifth straight session today. The stock is quoting at Rs 257.65, down 0.14% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 25705.2. The Sensex is at 83596.42, up 0.02%.Power Grid Corporation of India Ltd has lost around 1.74% in last one month.Meanwhile, Nifty Energy index of which Power Grid Corporation of India Ltd is a constituent, has eased around 2.13% in last one month and is currently quoting at 34409.3, down 0.37% on the day. The volume in the stock stood at 62.25 lakh shares today, compared to the daily average of 101.03 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 257.85, down 0.35% on the day. Power Grid Corporation of India Ltd tumbled 10.41% in last one year as compared to a 11.35% rally in NIFTY and a 5.09% spurt in the Nifty Energy index.The PE of the stock is 15.58 based on TTM earnings ending September 25.Powered by Capital Market - Live

Under the project, the company will undertake transmission system strengthening for integration of additional renewable energy (RE) capacity at Davanagere (0.25 GW) and Bellary (2.75 GW) on build, own, operate and transfer (BOOT) basis. The project comprises 400 kV D/c transmission line traversing in the state of Karnataka along with associated line bays works at both ends and augmentation works (ICTs and Line Bays) at both Davangere and Bellary pooling stations. Power Grid Corporation of India was established by the Government of India (GoI) as the central transmission utility of India. The company is a 'Maharatna' firm under the Ministry of Power, GoI. As of 30 September 2025, the Government of India owned a 51.34% stake in the company. The company's consolidated net profit fell 5.98% to Rs 3,566.08 crore despite a 1.76% increase in revenue from operations to Rs 1,147.59 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

Securities in F&O Ban: Shares of Steel Authority of India (SAIL) and Sammaan Capital are banned from F&O trading on 9 January 2026. Initial Public Offer (IPO): Bharat Coking Coal India IPO opens for subscription on 9 January 2026 to 13 January 2026. The IPO price band has been set between Rs 21 to Rs 23 per share with a lot size of 600 shares. Result Today: Globus Spirits, Indian Renewable Energy Development Agency (IREDA) and Tejas Networks will declare their quarterly results later today. Stocks to Watch: Indian energy Exchange (IEX) will be in focus today as the Electricity Appellate Tribunal (APTEL) is scheduled to hear the market coupling case on Friday, January 9 at 10:30 AM. Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding to establish 3GW transmission project situated in Davanagere, Karnataka. Rail Vikas Nigam (RVNL) has received a letter of award(LoA) from East Coast Railway for setting up of wagon POH workshop of 200 Nos. capacity at Kantabanji. Sagar Cements' board approved the offer for sale of up to 75,00,000 equity shares of face value of Rs 10 each equivalent to 8.14% of the total issued equity share capital of its subsidiary, Andhra Cements, through the stock exchange mechanism and in accordance with the OFS Guidelines. Astra Microwave Products' joint venture, Astra Rafael Comsys has received Rs 275.27 crore order from Indian Air Force for integration of software defined radio (SDR) and installation of network centric application (NCO) on MiG-29 aircraft. Bharat Forge has signed a Memorandum of Understanding (MoU) with Agile Robots S.E. to jointly explore the space of AI driven robotics and intelligent industrial automatiom. Venus Remedies has obtained marketing authorisation in Indonesia for its antibiotic combination Ceftazidime and Avibactam.Powered by Capital Market - Live