PowerGrid | PowerGrid has received a letter of award for setting up a 2,000 MWh battery energy storage project in Andhra Pradesh. The project includes a 150 MW/300 MWh battery energy storage system at the 400/220 kV Kalikiri substation in Chittoor district.
Earnings
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CNBC TV1830-01-2026, 23:27

PowerGrid Q3 Revenue Jumps, Declares Interim Dividend & Rs 32,000 Cr Borrowing Plan

  • PowerGrid Corporation of India Ltd reported a consolidated revenue of ₹12,395 crore in Q3FY26, showing a steady rise from previous quarters.
  • Profit after tax (PAT) for Q3FY26 increased to ₹4,185 crore, up from ₹3,566 crore in Q2FY26 and ₹3,861 crore in Q3FY25.
  • The company's Board approved a second interim dividend of ₹3.25 per share for FY26, payable on February 27, 2026.
  • PowerGrid plans to borrow up to ₹32,000 crore in FY26 through various financial instruments to support its operations and growth.

Why It Matters: PowerGrid shows strong Q3 earnings, announces dividend, and plans significant borrowing for future growth.

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