Power Grid Corporation of India successfully conducted its analysts and institutional investors meet on February 2, 2026, at Mumbai, where the senior management team discussed the company's business outlook following the declaration of Q3FY26 and 9MFY26 financial results. The company has now made audio and video recordings of the meet available for stakeholders, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details and Accessibility

The meet provided comprehensive insights into the company's performance for the quarter and nine months ended December 31, 2025. POWERGRID has ensured transparency by providing public access to the complete proceedings through dedicated links.

Financial Performance Highlights

The company's consolidated financial performance for 9MFY26 demonstrates steady growth across key metrics. Total income reached ₹35,714.00 crore compared to ₹34,869.00 crore in the previous period, marking a 2.00% increase.

For Q3FY26 specifically, the company reported consolidated total income of ₹12,599.00 crore against ₹11,743.00 crore in Q3FY25, representing a 7.00% increase. Profit after tax for the quarter stood at ₹4,185.00 crore compared to ₹3,862.00 crore in the corresponding previous quarter.

Business Operations and Infrastructure

POWERGRID maintains its position as operator of the world's largest 765kV transmission network. The company achieved an "Excellent" MOU rating for FY 2024-25 and reported gross fixed assets exceeding ₹3.00 trillion as of December 31, 2025.

Project Execution and Strategic Initiatives

The company has revised its capex and capitalization guidance upward for FY26, indicating robust project execution capabilities. POWERGRID secured multiple TBCB projects during FY26, including transmission system strengthening initiatives worth ₹3,626.00 crore for Sonbhadra District, UP, and ₹2,723.00 crore for inter-regional strengthening between Southern and Eastern Region grids. The company also entered the Battery Energy Storage System segment, marking strategic diversification into emerging technologies.

Power Grid Corporation of India 's Board of Directors has approved a significant corporate restructuring decision involving its relationship with PTC India Limited. The board meeting held on 30th January, 2026, resulted in the approval of withdrawal of POWERGRID's nominee director from PTC India Limited's Board and complete relinquishment of promoter rights.

Board Decision Details

The decision encompasses two key aspects of POWERGRID's disengagement from PTC India Limited:

Ministry of Power Directive

The corporate action follows an Office Memorandum issued by the Ministry of Power on 16th January 2026. This directive appears to have prompted POWERGRID's decision to restructure its relationship with PTC India Limited, moving away from its current promoter status and board representation.

Regulatory Disclosure

POWERGRID has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated this development to both major stock exchanges:

• NSE: SCRIP ID - POWERGRID
• BSE: Scrip Code - 532898
• ISIN: INE752E01010

The disclosure was signed by Satyaprakash Dash, Company Secretary and Compliance Officer, ensuring proper regulatory compliance for this significant corporate restructuring decision.