Power Grid Corporation Of India

Power Grid Q1 result: Profit slips marginally to ₹3,598 crore; income rises

State-owned Power Grid Corporation of India has reported a slight on-year dip in consolidated net profit of Rs 3,598.42 crore in the June quarter. The consolidated net profit was at Rs 3,630.58 crore in the quarter ended on June 30, 2025, the company said in a regulatory filing. The company's total income, however, rose to Rs 11,696.72 crore in the quarter from Rs 11,444.42 crore in the same period a year ago. In another exchange filing on Wednesday, Power Grid Corporation of India said it has approved a Rs 856.94 crore project on August 5, 2026, to upgrade the Tirunelveli Udumalpet and PugalurMadurai 400kV double-circuit lines with high-temperature low-sag (HTLS) conductors. The project is set for completion within 24 months by February 11, 2028. In the April-June quarter, the company incurred a capital expenditure of Rs 7,765 crore and capitalized assets worth Rs 5,277 crore (excluding FERV and including assets capitalized as finance lease) on consolidated basis during Q1FY27.

Q1 results today: Aurobindo Pharma, Biocon, PB Fintech, 130 more on Aug 5

Q1FY27 company results: Firms including JK Lakshmi Cement, Power Grid Corporation of India, Berger Paints, and Bikaji Foods are also to release their April-June earnings today

Power Grid raises borrowing limit to ₹2.2 trillion, board approves plan

State-owned Power Grid Corporation on Friday said its board has approved the proposal to raise its borrowing limit to Rs 2.2 lakh crore from Rs 1.8 lakh crore. The board, in its meeting held on Friday, also approved the proposal of raising foreign currency funds through External Commercial Borrowings (ECB) up to USD five hundred million (USD 500 million) from Bank of Baroda, a regulatory filing stated. According to the regulatory filing, the board approved a proposal for the enhancement of borrowing limits from Rs 1,80,000 crore to Rs 2,20,000 crore, subject to the approval of the shareholders at the ensuing annual general meeting (AGM). The board also gave investment approval for 'Upgradation / Conversion of Udumalpet Madurai 400kV S/c line to Udumalpet Madurai 400kV (quad) D/c line' at an estimated cost of Rs 772.65 crore, scheduled to be implemented within 30 months from the date of allocation by August 11, 2028.

Stocks to Watch today: Wipro, HDFC Bank, Power Grid, DOMS Industries

Stock to Watch today, June 17: Bharat Forge, Samhi Hotels, NHPC, Krishna Institute of Medical Sciences (KIMS), Bank of Maharashtra, and Sula Vineyards are among the top stocks to watch today

Q4 results: Tata Steel, Godrej, SAIL, Cochin Shipyard among 140 on May 15

Q4FY26 company results: Firms including Power Grid Corporation, Alembic Pharmaceuticals, Solar Industries India, Deepak Nitrite, and NHPC are also to release their January-March earnings today

Citi bets on power utilities; picks NTPC, Tata Power amid capex upcycle

Citi has recommended a 'Buy' rating on NTPC for a target price of ₹485, Tata Power for a target of ₹525, Power Grid for a target of ₹380, and JSW Energy for a target of ₹650.

Coal India up 4%; surpasses Vedanta, HAL, Power Grid in market cap ranking

Coal India is positioning for steady growth, supported by volume expansion and diversification into coal gasification, critical minerals, and renewable energy, say analysts.

Adani Power, NTPC among 5 power stocks that can rally up to 24%: Analysts

Technical analyst at Bonanza believes that power stocks NTPC, Adani Power, Tata Power, Adani Green and Power Grid are showing strong bullish structure and can potentially surge up to 24% from here.

Power Grid Corp rises 3% after board clears merger of 28 subsidiaries

The buying on the counter came after the board approved the merger of 28 subsidiaries into two other subsidiaries

BHEL rallies 5%, Tata Power hits 52-week high; what's driving power stocks?

The Ministry of Power outlined a ₹200 trillion ($2.2 trillion) long-term investment roadmap for India's power sector over the next two decades.

PSBs, power stocks lift BSE PSU index by 11% in 1 month, near record high

The BSE PSU index hit a fresh 52-week high of 22,583.56 in Wednesday's intra-day trade, inching towards its all-time high level of 23,018.87 on August 1, 2024

Q3 results: Nestle India, NTPC, SAIL, Ambuja Cements, 153 others on Jan 30

Q3FY26 company results: Firms including Power Grid Corporation of India, Bajaj Auto, Bank of Baroda, Procter & Gamble Hygiene and Health Care are also to release their October-December earnings today

KEC Intl slips 7% on Power Grid projects ban; should you buy, hold or sell?

KEC International said the Company does not envisage any major impact on its operations and financial position, considering the strong order book and tender pipeline.

Pocket dividends! ONGC, Power Grid, 31 other stocks go ex-date next week

Here's the complete list of stocks that will remain in focus next week, following their dividend announcements, along with key details

Power Grid shares drop 3% after mixed Q2 results; should you sell or hold?

Power Grid shares fell 3 per cent as analysts remained mixed after the company's net profit fell 6 per cent Y-o-Y for the second quarter

Antique bets on Power Grid Corp, CESC amid Electricity Bill 2025 reforms

As of 9:30 AM, Power Grid shares were trading 0.59 per cent lower at ₹287.45, while CESC fell 0.64 per cent to ₹169.95. By comparison, the BSE Sensex was down 0.29 per cent at 82,260.52 levels.

Transrail Lighting expects to grab 8-10% of Power Grid contracts this year

Transrail Lighting, an EPC player in the transmission and distribution sector, expects to grab an 8-10 per cent market share in contracts by state-run transmission giant Power Grid Corporation this year, a top company official said. Power Grid Corporation of India Limited (Powergrid), under the Ministry of Power, is India's largest power transmission utility. It has announced a capital expenditure of Rs 28,000 crore for the ongoing FY26, Rs 35,000 crore for FY27 and Rs 45,000 crore for FY28. "Our current market share is around 8 per cent to 10 per cent and this is what we intend to achieve this year with Power Grid which is a good number and it gives us a good base to execute in India," Transrail Lighting Managing Director and CEO Randeep Narang said. On the company's order size, he said Transrail booked orders of Rs 9,680 crore in FY25 which is 120 per cent growth year on year (YoY). The company closed the year with a confirmed un-executed order book (UEOB) of Rs 14,551 crore, and

Hitachi Energy share price pops 2% on securing deal from Power Grid Corp

Hitachi Energy shares moved higher in today's trade after the company announced an order win from Power Grid Corporation of India.

PowerGrid stock gains 2% after acquiring MEL Power Transmission for ₹8.5 cr

PowerGrid's stock was quoting at ₹294.55, up 2 per cent compared to previous day's close of ₹28.55

Q4 results today: BEL, DLF, Pfizer, Power Grid Corp on May 19; see list

Q4 FY25 company results today: New India Assurance, NLC India, PI Industries, Borosil, Everest Industries and Gujarat Gas will be among 98 firms to post earnings reports for the Jan-Mar quarter