Power Grid Corp Declares Rs 4.50 Interim Dividend, Plans Rs 60 Billion SBI Funding

1 min read     Updated on 03 Nov 2025, 06:51 PM
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Overview

Power Grid Corporation of India Limited (POWERGRID) has announced a first interim dividend of Rs 4.50 per equity share for FY 2025-26, with a record date of November 10, 2025, and payment date of December 1, 2025. The company's Board has also approved raising up to Rs 60 billion through an unsecured loan or line of credit from the State Bank of India. These decisions were made alongside the approval of unaudited financial results for Q2 and H1 of FY 2025-26.

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Power Grid Corporation of India Limited (POWERGRID), a leading player in the power transmission sector, has announced significant financial decisions that are set to impact shareholders and the company's future operations.

Interim Dividend Announcement

The Board of Directors of POWERGRID, in a meeting held on November 3, 2025, declared a first interim dividend of Rs 4.50 per equity share for the financial year 2025-26. This dividend represents 45% of the paid-up equity share capital of the company.

Key details of the dividend:

Item Date
Record Date November 10, 2025
Payment Date December 1, 2025

This move signals the company's commitment to delivering value to its shareholders, even as it continues to invest in its growth and operations.

Plans for Substantial Funding

In addition to the dividend announcement, POWERGRID has revealed plans to secure significant funding. The Board has approved raising funds through an Unsecured Rupee Term Loan or Line of Credit (Bank Facility) of up to Rs 60 billion from the State Bank of India (SBI).

This substantial funding initiative suggests that POWERGRID may be preparing for major investments or expansions. The choice of an unsecured loan indicates the company's strong credit standing and relationship with SBI.

Financial Performance Highlights

The company has released its unaudited financial results for the quarter and half-year ended September 30, 2025. These results have been reviewed by the Audit Committee and approved by the Board of Directors.

Looking Ahead

The combination of a dividend payout and plans for substantial funding indicates a balance between shareholder returns and future growth initiatives. As POWERGRID moves forward with these plans, stakeholders will be keen to see how the company utilizes the new funding and what impact it may have on its operations and market position in the power transmission sector.

Investors and market analysts will likely be watching closely to see how these decisions might affect POWERGRID's financial health and stock performance in the coming months.

Historical Stock Returns for Power Grid Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.90%-0.70%-1.28%+2.63%+9.56%+138.62%
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Power Grid Corporation to Announce Q2 FY26 Results, Consider Interim Dividend

1 min read     Updated on 02 Nov 2025, 07:48 AM
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Reviewed by
Radhika SScanX News Team
Overview

Power Grid Corporation of India Limited will release its Q2 and H1 FY2025-26 financial results on November 3, 2025. The Board will also consider declaring the first interim dividend for FY 2025-26. An earnings call is scheduled for November 4, 2025, at 4 p.m. IST. The record date for the potential dividend is set for November 10, 2025. In the previous quarter, Power Grid reported a 3% year-on-year decrease in net profit to ₹3,630.50 crore, while revenue increased by 1.7% to ₹11,196.20 crore. The company's stock has shown recent volatility with a 5-day performance of -0.47% and a year-to-date performance of -7.17%.

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*this image is generated using AI for illustrative purposes only.

Power Grid Corporation of India Limited is set to release its financial results for the second quarter and first half of the fiscal year 2025-26 on November 3, 2025. The company's Board of Directors will also deliberate on declaring the first interim dividend for the financial year during their meeting.

Key Highlights

  • Results Announcement Date: November 3, 2025
  • Earnings Call: Scheduled for November 4, 2025, at 4 p.m. IST
  • Dividend Consideration: Board to consider first interim dividend for FY 2025-26
  • Record Date: November 10, 2025 (for dividend, if declared)

Recent Performance

Power Grid's performance in the previous quarter showed mixed results:

Metric Q1 FY26 Year-on-Year Change
Net Profit ₹3,630.50 crore -3.00%
Revenue ₹11,196.20 crore 1.70%

Stock Performance

The company's stock has experienced some volatility:

  • 5-Day Performance: -0.47%
  • Year-to-Date Performance: -7.17%
  • Latest Closing Price: ₹288.15 (as of the previous trading session)

Investors and analysts will be closely watching Power Grid's upcoming results, particularly in light of the slight decline in net profit observed in the previous quarter. The potential interim dividend declaration may also influence investor sentiment.

As always, it's important for investors to consider these results in the context of broader market trends and the company's long-term strategy before making investment decisions.

Historical Stock Returns for Power Grid Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.90%-0.70%-1.28%+2.63%+9.56%+138.62%
Power Grid Corporation of India
View Company Insights
View All News
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1 Year Returns:+9.56%