Power Grid Corporation: quarterly profit up 8%, interim dividend of ₹3 approved
State-owned Power Grid Corporation of India lifted consolidated net profit 8.41% year on year and approved a first interim dividend of ₹3 per share.
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what happened
State-owned Power Grid Corporation of India Ltd reported on Sunday, November 1, that consolidated net profit for the quarter rose 8.41% year on year to ₹3,866.16 crore. According to TradingView, the same period last year showed ₹3,566.08 crore.
Revenue from operations grew 2.97% to ₹11,816.22 crore. Sequentially, profit increased 7.44% and revenue rose 2.78%.
The board approved a first interim dividend of ₹3 per equity share of ₹10 each for financial year 2026-27, equal to 30% of paid-up equity capital. The record date is Friday, November 6, 2026, and payment is due on Monday, November 30, 2026. On Friday, October 30, the shares closed on the BSE at ₹264.50, up ₹4.10 or 1.57%.
why it matters
Profit growing faster than revenue points to better margins at the company. Investors will also track the dividend dates, though the quarterly figures alone do not determine where the share price goes next.
market impact
Power Grid shares: higher profit and dividend support investor interest in the stock
- Power Grid Corporation shares pressure up — higher profit and the declared dividend support demand for the stock
tags
instruments
sources
- Power Grid Corporation of India Q2 Results: Net profit up 8%; approves ₹3 interim dividend — TradingView, 1 November 2026 at 15:29 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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