POWERGRID posts ₹3,866 crore Profit After Tax in Q2

New Delhi: Power Grid Corporation of India Limited (POWERGRID) has announced its financial results for Q2FY2026-27 and H1FY2026-27, ended September 30, 2026.

For Q2FY2026-27, the company posted a Profit After Tax (PAT) of ₹3,819 crore and total income of ₹11,900 crore on a standalone basis. On a consolidated basis, PAT and total income stood at ₹3,866 crore and ₹12,055 crore, respectively, registering growth of 8% and 3%, respectively, over the same period of the previous year. The company incurred capital expenditure of ₹16,864 crore and capitalised assets worth ₹9,300 crore (excluding FERV and including assets capitalised as finance leases) on a consolidated basis till September 30, 2026. POWERGRID’s gross fixed assets on a consolidated basis stood at ₹3,29,852 crore (including gross lease receivables) as on September 30, 2026.

At the end of Q2FY2026-27, POWERGRID and its subsidiaries had total transmission assets comprising 1,87,576 ckm of transmission lines, 293 substations and 6,49,116 MVA of transformation capacity. POWERGRID maintained an average transmission system availability of 99.81% till Q2FY2026-27.

During Q2FY2026-27, under the Tariff-Based Competitive Bidding, POWERGRID emerged as the successful bidder for six transmission projects. These comprised five Inter-State Transmission System (ISTS) projects, including the ±800 kV Barmer-II–South Kalamb HVDC Project, and one Intra-State Transmission System (InSTS) project.