Power Grid Corporation of India quarterly results and financials

Power Grid Corporation of India (POWERGRID)₹257.95−1.30%(9 Nov 2026 close)Power - Transmission

Key facts

In the Jun 2026 quarter (consolidated), Power Grid Corporation of India reported sales of ₹11,452 Cr, up 2.7% from Jun 2025, and net profit of ₹3,592 Cr, down 0.9% year on year. For the year to Mar 2026, sales were ₹46,557 Cr and net profit ₹15,886 Cr.

Sales (Jun 2026): ₹11,452 Cr
Net profit (Jun 2026): ₹3,592 Cr
Sales (FY Mar 2026): ₹46,557 Cr
Net profit (FY Mar 2026): ₹15,886 Cr
EPS (Jun 2026): ₹3.86
Borrowings (Mar 2026): ₹1.49 L Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Power Grid Corporation of India quarterly results

₹ crore unless stated; each column is a quarter.

Power Grid Corporation of India Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	11,224	11,508	11,933	10,969	11,239	11,200	12,235	11,151	11,441	12,341	11,622	11,452
Expenses	1,559	1,377	2,057	1,468	1,681	1,701	2,084	2,095	2,425	1,789	6,369	2,068
Operating Profit	9,677	10,145	9,896	9,518	9,573	9,502	10,160	9,075	9,032	10,570	5,287	9,395
OPM %	86.0%	88.0%	83.0%	87.0%	85.0%	85.0%	83.0%	81.0%	79.0%	86.0%	45.0%	82.0%
Other Income	264	381	390	303	817	553	367	463	714	464	323	203
Interest	2,346	2,448	1,931	2,041	2,443	1,921	2,306	1,938	2,150	2,191	2,179	2,025
Depreciation	3,264	3,283	3,246	3,189	3,280	3,205	3,187	3,120	3,214	3,371	3,286	3,117
Profit before tax	4,344	4,802	5,108	4,586	4,665	4,941	5,045	4,487	4,382	5,485	155	4,465
Tax %	13.0%	15.9%	18.9%	19.0%	19.0%	22.0%	18.0%	18.9%	18.9%	24.0%	−2,829.0%	20.0%
Net Profit	3,774	4,018	4,154	3,717	3,785	3,851	4,130	3,623	3,558	4,176	4,534	3,592
EPS (Rs)	4.06	4.32	4.47	3.99	4.06	4.14	4.44	3.89	3.82	4.49	4.87	3.86

Power Grid Corporation of India profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Power Grid Corporation of India Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	20,588	25,603	29,864	34,937	37,584	39,493	41,496	45,428	45,672	45,644	46,557	46,856
Expenses	2,471	3,251	3,995	8,141	4,864	4,739	5,800	7,003	6,605	7,024	13,914	12,651
Operating Profit	18,130	22,398	25,875	26,854	32,793	34,776	35,737	38,448	39,136	38,648	32,729	34,283
OPM %	88.0%	87.0%	87.0%	77.0%	87.0%	88.0%	86.0%	85.0%	86.0%	85.0%	70.0%	73.2%
Other Income	658	936	4,079	1,509	2,830	771	4,708	2,095	1,140	2,124	3,200	1,703
Interest	5,091	6,216	7,330	8,754	9,517	8,144	8,047	9,639	8,785	8,712	8,464	8,545
Depreciation	6,161	7,693	9,201	10,496	11,564	11,994	12,827	13,280	13,043	12,866	12,994	12,988
Profit before tax	7,548	9,432	13,425	9,119	14,541	15,453	19,548	17,641	18,451	19,228	14,512	14,486
Tax %	21.0%	21.0%	39.0%	−10.0%	24.0%	22.0%	14.0%	13.0%	15.9%	20.0%	−10.0%	—
Exceptional items	−3.99	−1.99	3,276	−727	1,275	−836	2,652	−113	−16.01	424	1,187	—
Net Profit	5,949	7,434	8,186	10,005	11,027	12,007	16,795	15,368	15,527	15,472	15,886	15,859
EPS (Rs)	6.39	7.98	8.79	10.76	11.86	12.90	18.04	16.54	16.69	16.65	17.07	17.04
Dividend payout %	20.1%	31.1%	33.0%	43.1%	47.1%	52.1%	61.1%	67.0%	67.1%	54.1%	53.0%	—

Power Grid Corporation of India balance sheet

₹ crore, at each year end.

Power Grid Corporation of India Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	5,223	5,228	5,227	5,223	5,220	5,232	5,221	6,976	6,985	9,285	9,288	9,292
Reserves	33,143	38,700	44,561	49,143	53,759	59,413	64,648	69,256	76,146	77,728	83,221	91,155
Borrowings	96,491	1,08,909	1,19,359	1,31,884	1,46,959	1,48,760	1,43,812	1,35,101	1,27,116	1,24,017	1,31,550	1,48,622
Other Liabilities	26,110	26,766	26,850	39,433	41,792	43,916	42,727	40,200	40,822	40,263	42,529	46,330
Total Liabilities	1,60,968	1,79,603	1,95,995	2,25,683	2,47,729	2,57,320	2,56,409	2,51,532	2,51,070	2,51,292	2,66,588	2,95,400
Fixed Assets	91,487	1,15,473	1,38,066	1,56,506	1,73,111	1,81,730	1,84,331	1,92,233	1,86,081	1,78,132	1,72,767	1,77,097
CWIP	53,510	45,471	38,154	37,563	37,502	35,088	24,773	12,824	13,727	18,139	33,478	43,617
Investments	220	920	1,167	1,225	1,297	1,433	1,487	3,790	3,492	4,170	3,120	3,000
Other Assets	15,751	17,739	18,608	30,389	35,819	39,069	45,819	42,686	47,769	50,850	57,224	71,686
Inventories	737	727	922	1,086	1,268	1,448	1,383	1,361	1,345	1,404	1,800	2,124
Trade receivables	2,210	2,744	3,136	3,644	4,730	5,044	8,638	9,195	12,979	11,551	7,978	11,679
Cash & equivalents	2,994	2,247	3,359	2,191	4,341	5,465	5,363	5,059	7,394	7,500	10,098	8,935
Total Assets	1,60,968	1,79,603	1,95,995	2,25,683	2,47,729	2,57,320	2,56,409	2,51,532	2,51,070	2,51,292	2,66,588	2,95,400

Power Grid Corporation of India cash flow

₹ crore, for each year.

Power Grid Corporation of India Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	15,784	15,002	21,573	22,688	23,249	30,709	29,367	26,110	37,961	37,250	36,216	40,894
Cash from investing activity	−24,237	−21,622	−23,893	−25,731	−18,749	−10,748	−9,256	755	−6,140	−13,129	−23,576	−35,483
Cash from financing activity	6,405	5,632	3,965	1,287	−2,434	−18,838	−20,562	−29,029	−29,308	−25,944	−12,386	−4,013
Net cash flow	−1,981	−947	1,695	−1,705	2,110	1,198	−361	−2,087	2,612	−1,724	332	1,482
Capex	3,689	21,747	24,031	26,275	22,531	11,406	9,651	7,990	6,927	11,454	24,217	37,408
Free cash flow	−9,218	−6,698	−2,360	−3,487	823	19,447	19,854	18,228	31,215	25,996	12,162	3,704
CFO / OP %	114.1%	90.1%	104.1%	96.1%	95.1%	101.1%	90.1%	83.1%	106.1%	104.1%	102.1%	134.1%

Power Grid Corporation of India ratios

Working-capital days and returns, by year.

Power Grid Corporation of India Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	45	47	43	43	48	48	78	80	103	91	62	90
Cash conversion cycle	45	47	43	43	48	48	78	80	103	91	62	90
Working capital days	−355	−305	−249	−219	−200	−273	−186	−240	−167	−133	−165	−228
ROCE %	7.9%	8.9%	10.0%	9.9%	9.0%	10.9%	11.9%	10.9%	12.9%	12.9%	12.9%	8.9%

Power Grid Corporation of India: frequently asked questions

What are the latest quarterly results of Power Grid Corporation of India?

For the Jun 2026 quarter, Power Grid Corporation of India reported sales of ₹11,452 Cr, up 2.7% year on year and net profit of ₹3,592 Cr, down 0.9% year on year. The operating margin was 82.0%.

What is the annual revenue of Power Grid Corporation of India?

Power Grid Corporation of India's sales for the year to Mar 2026 were ₹46,557 Cr; over the last twelve months they were ₹46,856 Cr.

What is the net profit of Power Grid Corporation of India?

Net profit for the year to Mar 2026 was ₹15,886 Cr, and ₹15,859 Cr over the last twelve months. Earnings per share over the same trailing period were ₹17.04.

How much debt does Power Grid Corporation of India have?

Power Grid Corporation of India reported borrowings of ₹1.49 L Cr at Mar 2026, against cash and equivalents of ₹8,935 Cr.

What is the free cash flow of Power Grid Corporation of India?

Cash from operations was ₹40,894 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹3,704 Cr.

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