Maharatna PSU fixes November 30 as dividend payment date after reporting an 8% rise in consolidated net profit to ₹3,866 crore in Q2 FY27
New Delhi, November 3, 2026: Power Grid Corporation of India Limited (POWERGRID), a Maharatna public sector undertaking under the Ministry of Power, has announced its first interim dividend of ₹3 per equity share for the financial year 2026–27, providing a shareholder payout alongside its latest quarterly financial results.
The POWERGRID Interim Dividend FY27 was approved by the company’s Board of Directors at its meeting held on November 1, 2026. The dividend applies to equity shares with a face value of ₹10 each, representing a payout of 30% of the face value.
According to the company’s regulatory filing submitted to the National Stock Exchange (NSE) and BSE, Friday, November 6, 2026, has been fixed as the record date for determining shareholders eligible to receive the interim dividend.
POWERGRID has scheduled the dividend payment for Monday, November 30, 2026, to eligible shareholders.
The dividend announcement was made alongside the approval of the company’s unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
For the second quarter of FY27, POWERGRID reported a consolidated profit after tax (PAT) of ₹3,866 crore, representing an increase of approximately 8% compared with the corresponding quarter of the previous financial year.
The company’s consolidated total income stood at ₹12,055 crore during the July–September quarter, registering year-on-year growth of 3%.
On a standalone basis, POWERGRID recorded a profit after tax of ₹3,819 crore and total income of ₹11,900 crore for the quarter.
The improvement in profitability provided the financial backdrop for the company’s first interim dividend declaration of the current financial year.
For shareholders, the ₹3 dividend means that an investor holding 100 eligible equity shares would be entitled to a gross dividend of ₹300, while a holding of 1,000 eligible shares would result in a gross payout of ₹3,000, before applicable taxes.
Dividend eligibility will be determined according to the company’s announced record date and applicable market settlement rules.
POWERGRID also continued its investment in electricity transmission infrastructure during the first half of FY27.
The company reported consolidated capital expenditure of ₹16,864 crore up to September 30, 2026, while assets worth ₹9,300 crore were capitalised during the same period.
Its consolidated gross fixed assets, including gross lease receivables, stood at ₹3,29,852 crore at the end of September 2026.
The company’s transmission network, including its subsidiaries, comprised 1,87,576 circuit kilometres of transmission lines, 293 substations and 6,49,116 MVA of transformation capacity at the end of the second quarter.
POWERGRID maintained an average transmission system availability of 99.81% during the period up to Q2 FY27, reflecting the operational performance of its transmission infrastructure.
The company also secured six transmission projects through Tariff Based Competitive Bidding (TBCB) during the quarter.
These included five Inter-State Transmission System projects and one Intra-State Transmission System project.
Among the projects was the ±800 kV Barmer-II–South Kalamb High Voltage Direct Current transmission project, which forms part of the company’s expanding project portfolio.
POWERGRID plays a major role in India’s electricity transmission network, supporting the movement of power across regions and facilitating the integration of generation capacity into the national grid.
The latest dividend declaration comes as the company continues to expand its transmission assets while reporting higher consolidated earnings.
With the record date approaching on November 6, shareholders and market participants will be monitoring the company’s dividend-related corporate action.
The ₹3 per-share interim dividend is scheduled to be paid on November 30, 2026, in accordance with the company’s announced payment timeline.
Source: POWERGRID Stock Exchange Filing dated November 1, 2026, and POWERGRID Q2 FY2026–27 Financial Results.
