Financial Summary of Powergrid corporation of India ltd

Revenue and Profit Trends Power Grid reported consolidated net profit (PAT) of about ₹15,521 crore for FY25, slightly down from ₹15,573 crore in FY24. Revenue from operations for FY25 was ~₹45,792 crore, almost flat compared to ~₹45,843 crore in the prior year. In Q4 FY25, PAT was ~₹4,143 crore, marginally less than Q4 FY24. For that quarter, revenue from operations rose about 2.5% YoY to ~₹12,275 crore. Segment Performance & Costs The transmission business remains its core; however, transmission revenue in Q4 dropped slightly year-on-year. Non-core verticals did better: consultancy business revenue surged over 100% YoY in Q4; telecom segment revenue also grew (~21% YoY). Operating expenses increased—employee costs, finance costs, depreciation all rose, squeezing some margins. Margins, Dividend & Balance Sheet Margins remained strong overall despite some compression in Q4. The company declared a final dividend of ₹1.25 per share for FY25. Adding interim dividends paid earlier, total dividend payout for the year came to ₹9 per share. Leverage is moderate; balance sheet remains healthy with stable debt-equity and strong net worth. Outlook & Risks Power Grid is dealing with regulatory and tariff transitions, which have introduced some uncertainty in transmission income. Project delays in the transmission business have also weighed upon growth. On the positive side, growth in consultancy and telecom segments is helping diversify revenue sources. Future revenue growth depends on how quickly regulatory clarity emerges, how efficiently projects are executed, and how non-core segments scale up.