Power Grid H1 Revenue at ₹19,844 Crore, Net Profit at ₹7,230 Crore; Declares ₹3 Dividend – Indian PSU
Power Grid Corporation of India Limited (POWERGRID) has reported standalone revenue of ₹19,843.83 crore and net profit of ₹7,230.03 crore for the first half of FY2026-27. The company has also announced an interim dividend of ₹3 per share and approved strategic divestments as part of a broader restructuring exercise.
POWERGRID to Divest Entire Stake in CTUIL
As part of its strategic restructuring, the POWERGRID board approved the divestment of the company’s entire stake in Central Transmission Utility of India Limited (CTUIL) to Grid Controller of India Limited.
The board also confirmed POWERGRID’s exit from several joint ventures, signalling a realignment of its investment portfolio and corporate structure.
The CTUIL divestment marks a significant step in POWERGRID’s restructuring plans. Further details on the transaction value, completion timeline and financial implications will be important in assessing the impact on the company’s future financial performance.
H1 Financial Performance
POWERGRID’s standalone revenue for H1 FY2026-27 stood at ₹19,843.83 crore, while net profit was ₹7,230.03 crore.
The company also announced an interim dividend of ₹3 per share, providing a return to shareholders.
As a Maharatna Central Public Sector Enterprise under the Ministry of Power, POWERGRID operates a major part of India’s interstate electricity transmission network and plays a critical role in strengthening the country’s power infrastructure.
