Power Grid Corporation of India has announced an analysts and institutional investors meet scheduled for February 2, 2026, at 12:00 Noon IST in Mumbai. The presentation will cover Q3FY26 and 9MFY26 financial performance and key business developments, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights

The company's consolidated financial performance for 9MFY26 shows steady growth across key metrics. Total income reached ₹35,714 crore compared to ₹34,869 crore in the previous period.

For Q3FY26 specifically, the company reported consolidated total income of ₹12,599 crore against ₹11,743 crore in Q3FY25, representing a 7% increase. Profit after tax for the quarter stood at ₹4,185 crore compared to ₹3,862 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 trillion as of December 31, 2025.

Project Execution and Expansion

The company has revised its FY26 capex and capitalization guidance upward, indicating robust project execution capabilities. POWERGRID secured multiple TBCB (Tariff Based Competitive Bidding) projects during FY26, including significant transmission system strengthening initiatives.

Notable TBCB wins include projects worth ₹3,626 crore for transmission systems in Sonbhadra District, UP, and ₹2,723 crore for inter-regional strengthening between Southern and Eastern Region grids. The company also entered the Battery Energy Storage System (BESS) segment, marking strategic diversification.

International and Technology Initiatives

POWERGRID expanded its global footprint through partnership with Africa50 for Kenya's first independent transmission project, estimated at approximately $311 million. The company deployed innovative technologies including India's first-ever Insulated Cross Arms (ICAs) at 400kV voltage level, achieving 35-40% reduction in Right-of-Way requirements.

ESG and Recognition

The company continues strengthening its ESG roadmap supporting India's clean energy transition. POWERGRID received the 19th Exceed Award for Outstanding CSR Work in Rainwater Harvesting & Conservation, and its Director (Operations) received the "Outstanding Leadership in Asset Management" award from the Institute of Asset Management, India.

Source:

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.