Financial performance highlights for Power Grid Corporation in Q3 and nine months ending December 2025, showcasing growth in revenue and profitability.
Power Grid Corporation of India Ltd has released its unaudited financial results for the third quarter and the nine months ending December 31, 2025. The company reported significant growth in revenue and profit figures, driven by efficient operations and strategic investments. A second interim dividend of Rs. 3.25 per equity share was also announced, reflecting the company's commitment to returning value to shareholders. Overall, these results indicate a strong financial position and robust operational performance.
For the quarter ended December 31, 2025, Power Grid reported total income of Rs. 12,436.03 crore, a rise from Rs. 11,348.27 crore in the previous quarter. The profit before tax was reported at Rs. 5,068.96 crore, up from Rs. 3,744.13 crore in Q2. The company’s revenue from operations for the nine months reached Rs. 30,933.11 crore, compared to Rs. 30,448.94 crore in the same period last year. The increase in profitability was supported by effective cost management and a favorable regulatory environment.
The financial results come amidst a supportive regulatory framework established by the Central Electricity Regulatory Commission (CERC) under the Electricity Act. The recent tariff orders have enabled Power Grid to recognize substantial transmission income, which has positively impacted revenue growth. The company continues to comply with the SEBI regulations and has taken necessary approvals for its financial operations, ensuring transparency and accountability.
The reported financial performance is likely to enhance stakeholder confidence, including investors, employees, and regulatory bodies. The declaration of an interim dividend signals strong cash flow and profitability, positively impacting investor sentiment. Furthermore, the proposed funding of up to Rs. 32,000 crore through various channels will support future growth and infrastructure development, aligning with the government’s initiatives for enhancing power transmission capacity.
Moving forward, Power Grid Corporation plans to sustain its growth trajectory by focusing on operational efficiency and strategic capital investments. The upcoming dividend payment on February 27, 2026, is anticipated to strengthen shareholder relations. Additionally, the company will pursue the outlined borrowing strategies to fund ongoing projects and expand its service capabilities in the energy sector.
In conclusion, Power Grid Corporation of India Ltd has demonstrated robust financial performance in the third quarter of FY 2025-26, showcasing a strong revenue increase and profitability. The interim dividend declaration reflects the company’s commitment to its shareholders, while the proactive borrowing strategies position it well for future growth. Overall, the results underscore Power Grid's vital role in India's energy infrastructure development and its potential for continued success.