Maharatna PSU Power Grid Announces Final Dividend; Looking For Trading Setup? Here’s How To Position

Under the control of the Ministry of Power, Government of India, Power Grid Corporation of India Limited is a central public sector enterprise with Maharatna status. It is the largest electric power transmission utility in India. Although Power Grid Corporation missed expectations and posted poor Q4 performance, the PSU stock announced a final dividend for FY25.

Power Grid Dividend

The Board of Directors "Recommended final dividend of Rs. 1.25/- per equity share of Rs. 10/- each (@12.5% of the paid-up equity share capital) for the Financial Year 2024-25 subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM) of the Company. The final dividend would be paid within 30 days from the date of its declaration at the AGM. This final dividend is in addition to the 1st Interim Dividend of Rs. 4.50/- per share i.e. @ 45% on the paid-up equity share capital paid on 4th December, 2024 and 2nd Interim Dividend of Rs. 3.25/- per share (i.e. @ 32.5% on the paid-up equity share capital) paid on 28th February, 2025 for the Financial Year 2024-25," said Power Grid in a stock exchange filing.

Power Grid Q4 Results

In the quarter that ended in March 2025, Power Grid Corporation of India's net profit decreased by 0.56% to Rs 4142.87 crore, compared to Rs 4166.33 crore in the quarter that ended in March 2024. Compared to Rs 11978.11 crore in Q4FY24, sales increased by 2.48% to Rs 12275.35 crore in Q4FY25. While the EBITDA margin improved to 84% from 82.7%, EBITDA jumped 0.9% to Rs 9,222.8 crore in the quarter under review from Rs 9,142.2 crore in the year-ago quarter.

The net profit for the entire year declined by 0.33% to Rs 15521.44 crore in March 2025 compared to Rs 15573.16 crore in March 2024. Compared to Rs 45843.10 crore in FY24, sales fell 0.11% to Rs 45792.32 crore in the year ending March 2025/FY25.

Power Grid Share Price Target

"Power Grid is holding firm above its important support level of ₹290. Resistance is seen at ₹305, with a break above this level potentially driving the stock toward ₹320. The price has been consolidating in a narrow range, indicating a balance between buyers and sellers. Traders can consider fresh positions on a move above ₹305, using a stop-loss at ₹290. Until then, buying dips near ₹292-₹295 may offer low-risk entry spots. A sustained close above ₹305 would signal a return of bullish momentum," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

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