Power Grid Corporation of India has reported its audited financial results for the quarter and year ended March 31, 2026. The board has recommended a final dividend of ₹1.25 per share, in addition to interim dividends already paid. The company also announced plans to raise up to ₹5,000 crore through unsecured rupee term loans to support its capital expenditure requirements and ongoing operations.
Annual Financial Performance
For the financial year ended March 31, 2026, Power Grid Corporation reported a standalone net profit of ₹15,921 crore. The total income for the same period stood at ₹46,995.88 crore. On a consolidated basis, the company achieved a net profit of ₹15,927.95 crore with total income reaching ₹47,684.43 crore. The financial statements received an unmodified opinion from the statutory auditors.
Dividend Distribution
The Board of Directors has recommended a final dividend of ₹1.25 per equity share (face value of ₹10/- each), representing a 12.50% payout on paid-up equity share capital. This final dividend is subject to shareholder approval at the upcoming Annual General Meeting. This payout supplements the 1st interim dividend of ₹4.50 per share and the 2nd interim dividend of ₹3.25 per share already paid during the 2025-26 financial year, bringing the total dividend for the year to ₹9.00 per share.
Strategic Capital Raising
To bolster its financial resources, the Board has approved the raising of funds up to ₹5,000 crore through unsecured rupee term loans or lines of credit. This capital will be procured through competitive bidding from a consortium of existing bankers and lenders, supporting the company’s commitment to building robust transmission infrastructure.
Corporate Restructuring and Divestment
The company continues to simplify its corporate structure through the merger and amalgamation of several wholly-owned subsidiaries. Additionally, the Board has approved the divestment of its entire equity stake in Central Transmission Utility of India Limited (CTUIL) to Grid Controller of India Limited. The company has also initiated the process for the sale of its entire stake in several Joint Venture entities, including Torrent Power Grid Limited, Sikkim Power Transmission Limited, and Parbati Koldam Transmission Company Limited, aligning with its strategic business objectives.
Source: BSE
