In its meeting held on 15th May, 2026, the Board of Directors of Power Grid Corporation of India Limited (POWERGRID) approved the audited financial results for the quarter and financial year ended 31st March, 2026. The company reported a revenue from operations of Rs. 9,971.09 Crore for the quarter ended 31st March, 2026, compared to Rs. 11,005.28 Crore for the preceding quarter (ended 31st December, 2025) and Rs. 10,982.55 Crore for the corresponding quarter of the previous year (ended 31st March, 2025). This represents a decrease of 9.39% QoQ and 9.21% YoY in revenue. The profit for the period (before Regulatory Deferral Account Balances) was reported at Rs. 3,773.74 Crore for the quarter ended 31st March, 2026, compared to Rs. 5,068.96 Crore in the previous quarter and Rs. 5,091.87 Crore in the same quarter last year, reflecting a decrease of 25.55% QoQ and 25.89% YoY.
| Particulars | Quarter ended 31.03.2026 (Rs. Cr) | % Change QoQ | % Change YoY |
|---|---|---|---|
| Revenue From Operations | 9,971.09 | -9.39% | -9.21% |
| Profit for the Period* | 3,773.74 | -25.55% | -25.89% |
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*Profit before Tax and Regulatory Deferral Account Balances.
Power Grid Corporation of India Limited is an Indian state-owned electric utility company headquartered in Gurugram, India. It is a ‘Maharatna’ Central Public Sector Undertaking under the Ministry of Power, primarily engaged in the transmission of bulk power across India, maintaining over 99% network availability.
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