Power Grid Corporation has announced its Q3 results, declaring an interim dividend of ₹3.25 per share. The company’s board has also approved a proposal to borrow up to ₹32,000 Crore in fiscal year 2025-26 to fund various projects. These decisions were made at a board meeting held on January 30, 2026. The funds will be used to grow transmission infrastructure and sustain shareholder returns.
Financial Performance in Q3
Power Grid Corporation of India Limited has released its unaudited financial results for the quarter ended December 31, 2025 (Q3). Key highlights include the approval of the results, alongside a limited review report from the auditors. The company reported profit for the period of ₹4,160.17 Crore. Revenue from operations for Q3 stood at ₹11,005.28 Crore.
Interim Dividend Declaration
The board has declared a second interim dividend of ₹3.25 per equity share (face value of ₹10 each). The record date for determining eligible shareholders is February 9, 2026, and the dividend will be paid on February 27, 2026. A previous interim dividend of ₹4.50 per share has been already declared on November 03, 2025 and paid on December 01, 2025.
Fundraising Approval
The board has approved a proposal to raise funds/tie-up credit limits of up to ₹32,000 Crore during fiscal year 2025-26. The funds may be raised through domestic bonds, term loans, external commercial borrowing (ECB), foreign currency bonds (FCB), multilateral funding, suppliers’ credit, or any other source.
Standalone Financial Highlights
Key figures extracted from the standalone statement for Q3 include:
- Revenue From Operations: ₹11,005.28 Crore
- Other Income: ₹1,430.75 Crore
- Total Income: ₹12,436.03 Crore
- Profit for the period: ₹4,160.17 Crore
- Earnings per share: ₹4.47
Security Cover Maintenance
The company affirms that the security to assets ratio will be maintained at a minimum of 1.10 times. This is in according to the existing requirements for listed non-convertible debt securities
Source: BSE
