Power Grid of India lifts quarterly profit 8.4% as transmission business grows
Power Grid Corporation of India posted consolidated net profit of INR 3,866.16 crore for the September quarter, up from INR 3,566.08 crore. Source: TradingView.
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what happened
India's state-owned power transmission company, Power Grid Corporation of India, has reported higher consolidated profit for the second quarter ended September 30, 2026, according to TradingView. Net profit reached INR 3,866.16 crore, against INR 3,566.08 crore a year earlier, an increase of about 8.4%.
Earnings per share rose to INR 4.06 from INR 3.28. Total income for the quarter climbed to INR 12,055.11 crore from INR 11,670.24 crore, which the company links to its transmission operations and ongoing network expansion.
Power Grid shares closed at INR 265.00 on the National Stock Exchange of India on October 30, up INR 5.00, or 1.92%.
why it matters
For investors, this is a results report from a large Indian grid operator where profit and revenue growth come alongside network expansion. Strong numbers like these typically draw attention to the power transmission sector and to the company's own stock. Information is based on TradingView, citing RTTNews and dpa-AFX.
market impact
Power Grid shares (POWERGRID.NS): profit and income growth supports investor interest in the stock
- Power Grid shares (POWERGRID.NS) pressure up — higher profit and income growth supports investor interest in the stock
tags
instruments
sources
- Power Grid Corporation Of India Q2 Profit Rises — TradingView, 1 November 2026 at 15:37 UTC
- Power Grid Q2 net profit rises 8% to ₹3,866 crore — Moody's, 1 November 2026 at 17:42 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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