POWERGRID posts PAT of Rs 3,598 cr, total income of Rs 11,697 cr for Q1FY27

Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ company under the Ministry of Power, Government of India, has announced its financial results for the first quarter of FY27 ended June 30, 2026.

On a standalone basis, the company reported a Profit After Tax (PAT) of Rs 3,411 crore and a Total Income of Rs 11,370 crore for Q1FY27. On a consolidated basis, Profit After Tax stood at Rs 3,598 crore while Total Income was Rs 11,697 crore.

During the quarter, POWERGRID incurred a Capital Expenditure of Rs 7,765 crore on a consolidated basis. Assets worth Rs 5,277 crore were capitalised, excluding FERV and including assets capitalised as finance lease. The company’s Gross Fixed Assets on a consolidated basis stood at Rs 3,25,671 crore, including Gross Lease Receivables as on 30th June 2026. As of the end of Q1FY27, the total transmission assets of POWERGRID and its subsidiaries comprised 1,86,595 circuit kilometers of transmission lines, 291 substations and 6,34,516 MVA of transformation capacity. The company maintained an average transmission system availability of 99.80 per cent during the quarter.

On the financing front, POWERGRID secured a JPY 80 billion loan from the Japan Bank for International Cooperation (JBIC) during Q1FY27 to fund the landmark Khavda-Nagpur HVDC Transmission Project.