Power Grid Corporation of India Limited announced its standalone and consolidated financial results for the first quarter ended June 30, 2026. For the quarter, standalone revenue from operations stood at Rs. 9,795.40 crore, reflecting a decrease of 1.76% sequentially compared to Rs. 9,971.09 crore in the quarter ended March 31, 2026 (QoQ), and a decrease of 1.34% compared to Rs. 9,928.23 crore in the corresponding quarter of the previous year (YoY). Standalone net profit for the period was Rs. 3,410.95 crore, marking a 25.08% decrease QoQ compared to Rs. 4,552.80 crore and a 6.63% decrease YoY compared to Rs. 3,653.23 crore.

Financial MetricChange QoQ (%)Change YoY (%)
Revenue from Operations-1.76%-1.34%
Net Profit-25.08%-6.63%

Power Grid Corporation of India Limited is a central public sector undertaking under the ownership of the Ministry of Power, Government of India, engaged in the transmission of electric power across various regions of the country.

The company operates primarily in transmission, consultancy, and telecom segments, managing a vast network of high-voltage transmission lines and substations. Recent updates include ongoing infrastructure expansions, strategic regional interconnections, and the execution of various intra-state and inter-state transmission schemes.

During the quarter ended June 30, 2026, the company posted a total standalone income of Rs. 11,370.04 crore and a profit before tax and regulatory deferral account balances of Rs. 4,246.32 crore. Prominent institutional entities and major public sector holdings continue to maintain significant stakes in the enterprise as part of its overarching government ownership structure.

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