Powergrid Board Approves Interim Dividend, Financial Results, and Fund Raising

Powergrid’s Board has approved the unaudited financial results for Q2 FY26, declared an interim dividend of ₹4.50 per share, and authorized raising up to ₹6,000 crore through unsecured loans from the State Bank of India. The dividend record date is November 10, 2025, with payment on December 1, 2025. The board meeting was held on November 3, 2025.

Key Financial Highlights (Standalone)

For the quarter ended September 30, 2025, Powergrid reported standalone total income of ₹11,348.27 crore and a net profit of ₹3,554.80 crore. Basic & Diluted Earnings per share were ₹3.82.

Key Financial Highlights (Consolidated)

For the quarter ended September 30, 2025, Powergrid reported consolidated total income of ₹11,670.24 crore and a net profit of ₹3,566.08 crore. Basic & Diluted Earnings per share were ₹3.84.

Interim Dividend Declaration

The Board has declared an interim dividend of ₹4.50 per equity share (45% of the paid-up equity share capital) with a face value of ₹10 each for the financial year 2025-26. The record date for determining eligible shareholders is November 10, 2025, and the dividend will be paid on December 1, 2025.

Fund Raising Approval

The Board has approved raising funds up to ₹6,000 crore through Unsecured Rupee Term Loan / Line of Credit (Bank Facility) from the State Bank of India (SBI).

Merger and Amalgamation

The Board has approved the schemes of arrangement for merger/ amalgamation of some of its wholly owned subsidiaries namely POWERGRID Khavda II-B Transmission Limited and others into POWERGRID Khavda II-C Transmission Limited; and POWERGRID Bhadla III Transmission Limited and others into POWERGRID Vataman Transmission Limited.

Source: BSE

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