📝 Power Grid Corporation of India Limited — results explained
Quarter ended June 2026 (Q1 FY27)
Power Grid Corporation of India Limited reported revenue of ₹9,795 crore for the quarter ended June 2026 (Q1 FY27), down 1.3% from ₹9,928 crore in the same quarter last year, and down 1.8% sequentially over the March 2026 quarter.
Net profit fell 6.6% year-on-year to ₹3,411 crore, from ₹3,653 crore. Earnings per share (EPS) came in at ₹3.67.
Operating profit stood at ₹8,111 crore — an operating margin (OPM) of 82.8%, compared with 81.8% in the year-ago quarter.
Full year and trailing twelve months
For the full year FY26, Power Grid Corporation of India Limited posted revenue of ₹40,904 crore, a decline of 7.1% over FY25, with a net profit of ₹15,921 crore (up 3.7% year-on-year).
On a trailing-twelve-month (TTM) basis, revenue stands at ₹40,771 crore with a net profit of ₹15,679 crore.
Valuation snapshot
At the current price of ₹250.45, POWERGRID has a market capitalisation of ₹232,934 crore and a trailing P/E of about 14.9.
Within the Utilities - Regulated Electric industry, it is the 2nd-largest of the 4 companies we track by market value.
Shareholding pattern
As of Sep 2026, promoters held 51.34%, foreign institutional investors (FIIs) 24.03%, domestic institutional investors (DIIs) 20.91%, public shareholders 3.72% of Power Grid Corporation of India Limited.