Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, Govt of India, has announced financial results for Q2FY2026-27 and H1FY2026-27 ended 30th September 2026.
For Q2FY2026-27, on Standalone basis, the Company posted Profit After Tax (PAT) and Total Income of Rs 3,819 crore and Rs 11,900 crore respectively. On Consolidated basis, Profit After Tax and Total Income stood at Rs 3,866 crore and Rs 12,055 crore respectively, registering a growth of 8 per cent and 3 per cent respectively over the same period of previous year.
The Company incurred a Capital Expenditure of Rs 16,864 crore and capitalized assets worth Rs 9,300 crore (excluding FERV and including assets capitalised as finance lease) on consolidated basis till Sept.30, 2026. POWERGRID’s Gross Fixed Assets on consolidated basis stood at Rs 3,29,852 crore (including Gross Lease Receivables) as on September 30, 2026. At the end of Q2FY27, the total transmission assets of POWERGRID and its subsidiaries stood at 1,87,576 ckm of transmission lines, 293 substations and 6,49,116 MVA of transformation capacity. POWERGRID maintained average transmission system availability of 99.81 per cent till Q2FY27.
During Q2FY27, under the Tariff Based Competitive Bidding, POWERGRID emerged as the successful bidder for six transmission projects, comprising five Inter-State Transmission System (ISTS) projects, including ±800kV Barmer-II – South Kalamb HVDC Project and one Intra-State Transmission System (InSTS) project.