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POWERGRID Crosses ₹3 Trillion Asset Milestone, Reports Robust Q3FY26 Performance

Power Grid Corporation of India Limited (POWERGRID), the Maharatna CPSE under the Ministry of Power, achieved a historic milestone as its Consolidated Gross Fixed Assets surpassed ₹3 trillion. The announcement comes alongside the company’s unaudited financial results for the quarter ended December 31, 2025, which reflect strong growth and operational excellence.

For Q3FY26, POWERGRID posted a consolidated Profit After Tax (PAT) of ₹4,185 crore, marking an 8% year-on-year increase. Total consolidated income for the quarter reached ₹12,599 crore, up 7% compared to the same period last year. On a standalone basis, PAT stood at ₹4,160 crore, with total income of ₹12,436 crore. For the nine months ended December 31, 2025, consolidated PAT reached ₹11,382 crore, and total income stood at ₹35,714 crore.

The Board of Directors approved a second interim dividend of ₹3.25 per equity share, bringing total interim payouts for FY26 to ₹7.75 per share. During the first nine months of FY26, POWERGRID incurred a capital expenditure of ₹26,761 crore and capitalised assets worth ₹12,915 crore, expanding its infrastructure footprint.

POWERGRID continues to modernise India’s power transmission network, which now spans 1,83,174 km of lines and 287 substations, with system availability maintained at 99.84%. Sustainability remains a key focus, with 50% of the company’s power consumption sourced from renewables. The corporation also commissioned Asia’s first 315 MVA synthetic ester oil-filled transformer at the HVDC Bhiwadi Substation and secured its first Battery Energy Storage System (BESS) project at Kalikiri, Andhra Pradesh.

With a “Works in Hand” order book valued at approximately ₹1,45,500 crore, POWERGRID is poised to continue strengthening India’s power infrastructure, driving operational efficiency, sustainability, and reliable energy transmission across the country.

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