Power Grid Q2 net profit falls 6%, revenue up 2%; declare dividend of ₹4.50

State-owned Power Grid Corporation of India Ltd posted a 6% year-on-year drop in net profit to ₹3,566 crore from ₹3,793 crore in Q2 FY25, missing the CNBC-TV18 poll estimate of ₹3,780 crore.

Revenue grew 1.8% YoY to ₹11,476 crore from ₹11,277 crore, slightly above the analyst estimate of ₹11,431 crore.

EBITDA declined 6.1% YoY to ₹9,114 crore from ₹9,701 crore, falling short of the CNBC-TV18 forecast of ₹9,958.6 crore. Margins narrowed to 79.4%, compared with 86% a year ago and below the expected 87% in the analyst poll.

Also Read: Power Grid Q1 Results: Stock recovers from lows despite every parameter declining from last year

The board of directors has approved the payment of the first interim dividend of ₹4.50 per equity share of ₹10 each, representing 45% of the paid-up equity share capital for FY26.

The record date for the dividend payment is Monday, 10th November 2025, and the dividend will be paid to shareholders on Monday, 1st December 2025. The Board also approved raising funds through an unsecured rupee term loan or line of credit of up to ₹6,000 crore from the

State Bank of India

(SBI).

Shares of Power Grid Corporation of India Ltd ended at ₹288.00, down by ₹0.15, or 0.052%, on the BSE.

Also Read: Powergrid approves ₹705.51 crore investment in grid communication and emergency infrastructure