Power Grid Q2 Result: Maharatna PSU Posts 6% YoY Decline In Profit To Rs 3,612.26 Cr; 45% Dividend Declared!

Power Grid Q2 Result: Power Grid Corporation of India Limited, on Monday, November 3, reported a 6% decline in its net consolidated profit to Rs 3,612.26 crore in the quarter ending on September 30. The Maharatna PSU had reported a net profit of Rs 3,706.10 crore in Q2FY25. Power Grid also announced a 45% interim dividend for FY26.

Power Grid shares closed 0.05% lower at Rs 288 per share on BSE with a market capitalisation of Rs 2,67,857.39 crore on BSE on Monday. The stock had touched an intraday high mark of Rs 290.25 per share and an intraday low mark of Rs 287.15 per share.

Power Grid Q2 Result Today

The company had posted a net profit of Rs 3,612 crore. Power Grid's net revenue from operations stood at Rs 11,475.95 crore in Q2FY26 against Rs 11,277.76 crore reported in the same quarter in the previous FY. WIth this, its total income stood at Rs 11,670.24 crore during the quarter under review.

Power Grid Q2 Result: Segment-Wise Revenue

The PSU reported a sharp surge in its revenue in the Consultancy segment. However, there was a decline in revenue in the transmission and telecom segment. Power Grid's Q2 revenue in the transmission segment declined to Rs 10,721.76 crore in Q2FY26 against Rs 11,197.59 crore in the year-ago period.

Whereas, revenue in the consultancy segment increased to Rs 614.40 crore in Q2FY26 against Rs 194.62 crore in Q2FY25. Revenue in the telecom segment stood at Rs 291.06 crore.

Power Grid Dividend

The PSU's board of directors, on Monday, approved an interim dividend of 45% for its eligible shareholders. The company had announced a dividend of Rs 4.5 per share with the face value of Rs 10 each. "Payment of 1st (first) Interim Dividend of Rs. 4.50/- per equity share of Rs. 10/- each (@ 45% of the paid-up equity share capital) for the Financial Year 2025-26," stated Power Grid in the BSE filing released on Monday.

Power Grid Dividend Record Date

The company has also fixed the dividend record date to determine the eligibility of shareholders for the corporate action. As per Power Grid press release, all the investors owning the company shares on or before the 10 November will get the dividend payment. The interim dividend for FY26 will be paid on 1 December.

Other than the dividend, Power Grid's Board had also approved the funr raise worth Rs 6,000 crore through unsecured rupee term loan/ line of credit from State Bank of India (SBI).