₹4.50 Dividend Declared – But Why Did Power Grid’s Profit Fall?"

⚡ Q2 FY26 Performance Highlights - Net Profit: ₹3,612 crore, down 6% YoY - Revenue: ₹11,476 crore, up 1.76% YoY - EBITDA: ₹9,308 crore, down 9.36% YoY - Dividend Declared: ₹4.50 per share (45% interim dividend) ⚠️ Investor Watchouts - Profit Decline: Despite revenue growth, profit fell due to higher expenses and lower margins - EBITDA Compression: Indicates operational pressure amid rising costs - Stock Reaction: Shares dropped 3% post-results, underperforming Nifty 50 🚀 Future Growth Drivers - Infra Capex: Power Grid plans to raise ₹6,000 crore via SBI facility for expansion - Dividend Yield: Strong payout history supports investor sentiment - Transmission Demand: Long-term demand from renewable and grid upgrades remains intact