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PGCIL
State-owned Power Grid Corporation has posted nearly 10 per cent rise in its consolidated net profit to Rs 4,546.33 crore in the March quarter compared to the year-ago period due to higher deferred tax credit. The consolidated net profit was Rs 4,142.87 crore in the quarter ended on March 31, 2025, a regulatory filing showed. According to the regulatory filing, the company has a deferred tax credit of Rs 5,179.80 crore in the quarter compared to Rs 19.98 crore in the same period a year ago. However, total income has dipped to Rs 11,970.69 crore in the quarter from Rs 12,590.80 crore a year ago. In the fiscal 2025-26, the consolidated net profit rose to Rs 15,927.95 crore from Rs 15,521.44 crore a year ago. The company said in a statement that it has proposed a final dividend of Rs 1.25 per share on a face value of Rs 10 each (12.50% of the paid-up share capital) in addition to interim dividend of Rs 7.75 per share paid for FY26 so far. At the end of FY26, the total transmission as
The board of state-owned Power Grid Corporation of India Ltd (PGCIL) on Wednesday approved two proposals to raise up to Rs 11,000 crore through the issuance of bonds and term loans. The proposals to raise Rs 11,000 crore have been approved in a meeting of the board of directors on Wednesday, July 6, 2022, a BSE filing said. As per the filing, the board approved a proposal to raise funds up to Rs 6,000 crore from the domestic market through the issue of secured/unsecured, non-convertible, non-cumulative/cumulative, redeemable, taxable/tax-free debentures/bonds under private placement during the financial year 2023-24 in up to twenty tranches/offers. The board also approved another proposal for sanction of a rupee term loan of up to Rs 5,000 crore from commercial banks to meet capital expenditure requirements.