Power Grid posts net profit of Rs 3,631 crore in Q1 of FY'26

New Delhi: Power Grid Corporation of India Limited (PGCIL) has announced its unaudited financial results for the first quarter of FY 2025-26, demonstrating stable financial performance and sustained operational efficiency.

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On a consolidated basis, Power Grid reported a net profit (PAT) of Rs 3,631 crore and a total income of Rs 11,444 crore for the quarter ended on June 30 (Q1 FY'26). On a standalone basis, the company recorded a net profit of Rs 3,653 crore and a total income of Rs 11,257 crore, reflecting a year-on-year (YoY) growth of 7 percent and 4 percent, respectively.

During the quarter, the company incurred a capital expenditure of Rs 6,981 crore and capitalized assets worth Rs 1,683 crore (excluding Foreign Exchange Rate Variation and including assets capitalized as finance leases). As of June 30, Power Grid’s gross fixed assets on a consolidated basis stood at Rs 2,92,446 crore, including gross lease receivables.

Power Grid and its subsidiaries continue to expand their national transmission footprint. By the end of Q1 FY'26, the company had a robust transmission network comprising 1,80,533 circuit kilometers of transmission lines, 284 substations, and a transformation capacity of 5,66,831 MVA spread across India.

Despite the scale of operations, Power Grid maintained an impressive average transmission system availability of 99.84 percent during the quarter, enabled by advanced maintenance techniques, automation, and digitization.

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