Power Grid Reports 8.4% Growth in Q2 NP, Declares ₹3 Divd

Power Grid Corporation of India reported a consolidated net profit of ₹3,866.2 crore for the second quarter of FY27, registering an 8.4% increase compared with ₹3,566.1 crore in the corresponding quarter last year. Revenue from operations rose 3% year-on-year to ₹11,816.2 crore, compared with ₹11,476 crore in the previous year. The company’s operating profit also recorded healthy growth, indicating improved operational performance during the quarter. Along with its financial results, the board declared a first interim dividend of ₹3 per equity share of ₹10 each for FY27. The company has fixed November 6, 2026, as the record date, while the dividend payment is scheduled for November 30. The board also approved the divestment of its entire stake in Central Transmission Utility of India Limited to Grid Controller of India. The results and dividend announcement were made on November 1, 2026, after market hours. The developments keep Power Grid in focus during Monday’s trading session as investors assess its earnings growth, dividend announcement and strategic restructuring plans. Disclaimer: The views expressed purely for educational and informational purposes and do not constitute financial advice or a recommendation to buy, sell, or hold any security.