Power Grid Corporation of India quarterly results

Q1 FY27 · Apr–Jun 2026

₹ crore	Q1 FY27	Q1 FY26	Change
Revenue	11,497	11,196	+2.7%
EBITDA	9,536	9,147	+4.3%
EBITDA margin	83.0%	81.7%	+1.3 pts
Profit before tax	4,585	4,330	+5.9%
Net profit	3,598	3,631	−0.9%
EPS	₹3.87	₹3.90	−0.8%

Every quarter

₹ crore except per share

Tap a line for its trend	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Q2 FY24Sep 2023	Earlier quartersAlpha Plus

Expenses
	11,497	11,666	12,395	11,476	11,196	12,275	11,233	11,278	11,006	11,978	11,550	11,267	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	200	305	204	194	248	315	510	568	273	327	270	263
	11,697	11,971	12,599	11,670	11,444	12,591	11,743	11,846	11,280	12,305	11,820	11,530
	674	701	659	668	641	769	597	621	617	644	608	582
	2,023	2,175	2,191	2,148	1,934	2,303	1,917	2,441	2,039	1,928	2,446	2,341
	3,128	3,295	3,381	3,223	3,130	3,196	3,216	3,292	3,200	3,259	3,293	3,277
	1,287	1,899	1,083	1,694	1,409	1,282	1,098	956	786	1,235	729	777
	7,112	8,069	7,314	7,733	7,114	7,550	6,829	7,310	6,643	7,066	7,076	6,977
	9,536	9,066	10,653	9,114	9,147	10,224	9,538	9,701	9,602	10,099	10,213	9,908
	6,408	5,771	7,272	5,891	6,016	7,028	6,322	6,409	6,402	6,840	6,919	6,631
Profit
	4,585	3,901	5,285	3,937	4,330	5,041	4,914	4,536	4,637	5,239	4,743	4,553
	4,585	3,901	5,285	3,937	4,330	5,041	4,914	4,536	4,637	5,239	4,743	4,553
	817	789	935	701	775	939	882	761	781	940	827	790
	66.0	−5,180	378	128	92.9	−20.0	209	123	98.8	18.8	−39.6	−216
	883	−4,391	1,312	829	868	919	1,090	884	879	958	788	574
	−106	−3,763	259	517	213	50.4	42.5	246	−62.3	−176	110	−160
	2.3	17.0	−46.2	−58.7	−44.4	−29.6	−5.1	−105	29.0	61.7	−37.9	−38.3
	3,598	4,546	4,185	3,566	3,631	4,143	3,862	3,793	3,724	4,166	4,028	3,781
	3,596	4,529	4,231	3,625	3,675	4,172	3,867	3,898	3,695	4,105	4,066	3,820
	−71.2	51.3	−22.4	46.2	191	−77.5	−116	−86.9	44.5	−29.1	1.4	−139
	3,527	4,598	4,163	3,612	3,821	4,065	3,745	3,706	3,768	4,137	4,030	3,642
	3,598	4,546	4,185	3,566	3,631	4,143	3,862	3,793	3,724	4,166	4,028	3,781
Per share
	₹3.87	₹4.89	₹4.50	₹3.84	₹3.90	₹4.46	₹4.15	₹4.08	₹4.00	₹4.48	₹4.33	₹4.06
	₹3.87	₹4.89	₹4.50	₹3.84	₹3.90	₹4.46	₹4.15	₹4.08	₹4.00	₹4.48	₹4.33	₹4.06
Other comprehensive income — detail
	−71.2	51.3	−22.4	46.2	191	−77.5	—	—	—	—	—	—
	71.4	21.6	−97.0	53.9	223	−91.7	−136	−88.8	46.1	−32.2	−15.5	−154
	7.1	3.8	−14.6	7.7	32.1	−14.2	—	—	—	—	—	—
	—	—	—	—	—	—	−20.0	−1.8	1.6	−3.1	−16.9	−15.1
	−177	44.9	80.1	—	—	—	—	—	—	—	—	0.0
	−41.0	11.3	20.2	0.0	0.0	0.0	—	—	—	—	—	—
	3,527	4,598	4,163	3,612	3,821	4,065	3,745	3,706	3,768	4,137	4,030	3,642
Per share — as-filed variants
	₹3.87	₹4.89	₹4.50	₹3.84	₹3.90	₹4.46	₹4.15	₹4.08	₹4.00	₹4.48	₹4.33	₹4.06
	₹3.87	₹4.89	₹4.50	₹3.84	₹3.90	₹4.46	₹4.15	₹4.08	₹4.00	₹4.48	₹4.33	₹4.06
Adjusted (ex-exceptional items) — derived
	4,585	3,901	5,285	3,937	4,330	5,041	4,914	4,536	4,637	5,239	4,743	4,553
	3,598	4,546	4,185	3,566	3,631	4,143	3,862	3,793	3,724	4,166	4,028	3,781
	₹3.87	₹4.89	₹4.50	₹3.84	₹3.90	₹4.46	₹4.15	₹4.08	₹4.00	₹4.48	₹4.33	₹4.06

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

POWERGRID₹260.00

Power Grid Corporation of India Ltd.

· Energy & Power

Annual Quarterly₹ CrorePeersADANIENSOL NTPC ADANIGREEN TATAPOWER ADANIPOWER NHPC JSWENERGY CLEANMAXMcap ₹2.42L Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q2 FY24 30/09/2023	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026
Revenue from Operations	11,267.1	11,549.8	11,978.1	11,006.2	11,277.8	11,233.0	12,275.4	11,196.2	11,476.0	12,395.1	11,665.6	11,496.7
Other Income	263.4	269.9	327.3	273.4	568.2	510.0	315.5	248.2	194.3	204.0	305.1	200.0
Total Income	11,530.4	11,819.7	12,305.4	11,279.6	11,845.9	11,743.1	12,590.8	11,444.4	11,670.2	12,599.1	11,970.7	11,696.7
Expenses
+ Employee Benefit Expense	581.9	608.0	644.0	617.4	620.9	596.7	769.4	640.6	668.0	659.3	701.0	673.7
+ Finance Costs	2,341.3	2,446.1	1,928.1	2,039.0	2,441.1	1,917.4	2,302.7	1,934.3	2,148.1	2,190.5	2,174.7	2,022.9
+ Depreciation & Amortisation	3,277.0	3,293.5	3,259.0	3,200.4	3,292.1	3,216.2	3,195.5	3,130.5	3,223.1	3,381.5	3,294.6	3,128.5
+ Other Expenses	776.8	728.9	1,235.0	786.4	955.5	1,098.3	1,282.4	1,408.9	1,694.2	1,082.8	1,899.0	1,286.5
Total Expenses	6,977.0	7,076.5	7,066.2	6,643.1	7,309.6	6,828.7	7,549.9	7,114.2	7,733.4	7,314.1	8,069.4	7,111.7
EBITDA	9,908.4	10,212.9	10,099.0	9,602.5	9,701.3	9,538.0	10,223.6	9,146.7	9,113.7	10,653.0	9,065.6	9,536.5
EBIT	6,631.3	6,919.4	6,840.0	6,402.1	6,409.3	6,321.8	7,028.1	6,016.3	5,890.6	7,271.5	5,771.0	6,408.0
Profit
PBT before Exceptional Items	4,553.4	4,743.2	5,239.2	4,636.5	4,536.3	4,914.4	5,040.9	4,330.2	3,936.8	5,285.0	3,901.3	4,585.1
Pretax Income	4,553.4	4,743.2	5,239.2	4,636.5	4,536.3	4,914.4	5,040.9	4,330.2	3,936.8	5,285.0	3,901.3	4,585.1
+ Current Tax	789.6	827.1	939.7	780.6	761.3	881.6	938.8	775.1	701.0	934.6	788.7	816.7
+ Deferred Tax	-215.9	-39.6	18.8	98.8	123.2	208.6	-20.0	92.9	128.4	377.9	-5,179.8	66.0
Tax Expense	573.7	787.5	958.5	879.3	884.5	1,090.2	918.8	868.0	829.4	1,312.5	-4,391.1	882.7
+ Net Movement in Regulatory Deferral Balances	-160.1	110.5	-176.1	-62.3	245.8	42.5	50.4	212.8	517.3	258.6	-3,763.1	-106.2
+ Share of Associates & JVs	-38.3	-37.9	61.7	29.0	-104.6	-5.1	-29.6	-44.4	-58.7	-46.2	17.0	2.3
Net Income	3,781.4	4,028.3	4,166.3	3,723.9	3,793.0	3,861.6	4,142.9	3,630.6	3,566.1	4,185.0	4,546.3	3,598.4
+ Net Income — Continuing Ops	3,819.7	4,066.2	4,104.6	3,694.9	3,897.6	3,866.7	4,172.5	3,675.0	3,624.8	4,231.2	4,529.3	3,596.2
+ Other Comprehensive Income	-139.2	1.4	-29.1	44.5	-86.9	-116.4	-77.5	190.8	46.2	-22.4	51.3	-71.2
Total Comprehensive Income	3,642.2	4,029.7	4,137.2	3,768.4	3,706.1	3,745.3	4,065.4	3,821.3	3,612.3	4,162.5	4,597.7	3,527.2
Net Income to Common	3,781.4	4,028.3	4,166.3	3,723.9	3,793.0	3,861.6	4,142.9	3,630.6	3,566.1	4,185.0	4,546.3	3,598.4
Per Share
Basic EPS	4.06	4.33	4.48	4.00	4.08	4.15	4.46	3.90	3.84	4.50	4.89	3.87
Diluted EPS	4.06	4.33	4.48	4.00	4.08	4.15	4.46	3.90	3.84	4.50	4.89	3.87
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	—	-77.5	190.8	46.2	-22.4	51.3	-71.2
+ Items NOT to be Reclassified to P&L	-154.3	-15.5	-32.2	46.1	-88.8	-136.3	-91.7	222.9	53.9	-97.0	21.6	71.4
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	—	-14.2	32.1	7.7	-14.6	3.8	7.1
+ Tax on Items NOT to be Reclassified — alt tag	-15.1	-16.9	-3.1	1.6	-1.8	-20.0	—	—	—	—	—	—
+ Items to be Reclassified to P&L	0.0	—	—	—	—	—	—	—	—	80.1	44.9	-176.5
+ Tax on Items to be Reclassified	—	—	—	—	—	—	0.0	0.0	0.0	20.2	11.3	-41.0
Comprehensive Income — Owners of Parent	3,642.2	4,029.7	4,137.2	3,768.4	3,706.1	3,745.3	4,065.4	3,821.3	3,612.3	4,162.5	4,597.7	3,527.2
Per Share — as-filed variants
Basic EPS — Continuing Operations	4.06	4.33	4.48	4.00	4.08	4.15	4.46	3.90	3.84	4.50	4.89	3.87
Diluted EPS — Continuing Operations	4.06	4.33	4.48	4.00	4.08	4.15	4.46	3.90	3.84	4.50	4.89	3.87
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	4,553.4	4,743.2	5,239.2	4,636.5	4,536.3	4,914.4	5,040.9	4,330.2	3,936.8	5,285.0	3,901.3	4,585.1
Net Income Adj (tax-effected)	3,781.4	4,028.3	4,166.3	3,723.9	3,793.0	3,861.6	4,142.9	3,630.6	3,566.1	4,185.0	4,546.3	3,598.4
EPS Adj	4.06	4.33	4.48	4.00	4.08	4.15	4.46	3.90	3.84	4.50	4.89	3.87
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Filed Debt Equity	1.00	1.00	1.00	1.00	1.00	1.00	141.00	135.00	137.00	145.00	147.00	1.40
Filed Dscr	1.00	2.00	2.00	2.00	1.00	2.00	157.00	106.00	190.00	163.00	225.00	1.46
Filed Iscr	4.00	4.00	5.00	4.00	4.00	5.00	416.00	464.00	436.00	443.00	485.00	4.32
Paid Up Equity Capital	9,300.6	9,300.6	9,300.6	9,300.6	9,300.6	9,300.6	9,300.6	9,300.6	9,300.6	9,300.6	9,300.6	9,300.6

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q1 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 94%.

Power Grid Q2 FY27 results date

Power Grid Corporation of India (NSE: POWERGRID) will announce its Q2 FY27 results (July–September 2026) on Sunday, 1 November 2026, according to the board-meeting notice it filed on 28 October 2026, which also lists a dividend. Its latest results are for Q1 FY27 (April–June 2026). Consolidated net profit was ₹3,598 crore, down 0.9% from ₹3,631 crore in Q1 FY26 and down 20.9% from ₹4,546 crore in Q4 FY26. Revenue from operations was ₹11,497 crore, up 2.7% year on year and down 1.4% from the previous quarter.

Board-meeting notice filed: 28 October 2026
Q2 FY26 results (a year earlier): 3 November 2025
Q1 FY27 results (the latest): 5 August 2026

Latest results: Q1 FY27 (Apr–Jun 2026) · consolidated

Q2 FY27 results date: 1 November 2026Sunday · notice filed 28 Oct
Q1 FY27 net profit: ₹3,598 Cr−0.9% vs Q1 FY26−20.9% vs Q4 FY26
Q1 FY27 revenue: ₹11,497 Cr+2.7% vs Q1 FY26−1.4% vs Q4 FY26
Q1 FY27 operating margin: 55.7%+2.0 pts vs Q1 FY26+6.3 pts vs Q4 FY26
Q2 FY26 net profit (a year earlier): ₹3,566 CrRevenue ₹11,476 Cr
Q1 FY27 EPS (basic): ₹3.87

Questions

When will Power Grid announce its Q2 FY27 results?

On 1 November 2026, the date of the board meeting called to approve them (notice filed with the exchanges on 28 October 2026). Last year it reported Q2 FY26 on 3 November 2025.

What will Power Grid's Q2 FY27 results be compared with?

With the same quarter a year earlier, Q2 FY26 (July–September 2025), when consolidated net profit was ₹3,566 crore and revenue from operations ₹11,476 crore. The latest quarter, Q1 FY27, had a net profit of ₹3,598 crore and revenue of ₹11,497 crore.

What were Power Grid's Q1 FY27 results?

Consolidated net profit was ₹3,598 crore, down 0.9% from ₹3,631 crore in Q1 FY26 and down 20.9% from ₹4,546 crore in Q4 FY26. Revenue from operations was ₹11,497 crore, up 2.7% year on year and down 1.4% from the previous quarter.

How has Power Grid's profit changed over the last four quarters?

Net profit by quarter: ₹3,566 crore in Q2 FY26, ₹4,185 crore in Q3 FY26, ₹4,546 crore in Q4 FY26 and ₹3,598 crore in Q1 FY27. That is ₹15,896 crore over the four quarters, up 3.0% from ₹15,428 crore in the four quarters before. Revenue from operations: ₹11,476 crore, ₹12,395 crore, ₹11,666 crore and ₹11,497 crore.

What was Power Grid's net profit in FY26?

Consolidated net profit was ₹15,928 crore in FY26 (April 2025–March 2026), up 2.6% from ₹15,521 crore in FY25. It was ₹15,573 crore in FY24 and ₹15,417 crore in FY23: up 3.3% over three years, 1.1% a year on average.

What was Power Grid's revenue in FY26?

Revenue from operations was ₹46,733 crore in FY26 (April 2025–March 2026), up 2.1% from ₹45,792 crore in FY25. It was ₹45,843 crore in FY24 and ₹45,581 crore in FY23: up 2.5% over three years, 0.8% a year on average.

Where do these Power Grid figures come from?

From Power Grid Corporation of India's own consolidated results filings to NSE, in ₹ crore as filed; the date from its board-meeting notices.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.