Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ CPSE under Ministry
of Power, Govt. of India, has announced unaudited financial results for the quarter and nine
months ended 31st December 2024.
The Company has reported PAT and Total Income of ₹ 3,862 crore and ₹ 11,743 crore
respectively on consolidated basis during Q3FY25. On standalone basis, the Company has
posted PAT and Total Income of ₹ 3,894 crore and ₹ 11,609 crore respectively during
Q3FY25.
For nine months period (9MFY25), the PAT and Total Income on consolidated basis are ₹
11,379 crore and ₹ 34,869 crore respectively and for the corresponding period of 9MFY24,
the PAT and Total Income were ₹ 11,407 crore and ₹ 34,608 crore respectively. On
standalone basis for 9MFY25, the PAT and Total Income are ₹ 11,017 crore and ₹ 33,843
crore respectively and for the corresponding period of 9MFY24, the PAT (including
discontinued operations) and Total Income were ₹ 11,347 crore and ₹ 33,562 crore
respectively.
POWERGRID’s Board of Directors has declared 2nd interim dividend of ₹ 3.25 per equity
share of ₹ 10/- each (@ 32.50% of the paid-up equity share capital). This is in addition to 1st interim dividend of ₹ 4.50 per equity share for the FY 2024-25. The interim dividend for the F.Y. 2024-25 thus amounts to ₹7.75 per equity share of ₹ 10/- each.
The Company incurred a Capital Expenditure of ₹ 17,651 crore and capitalized assets worth
₹ 7,423 crore (excluding FERV) on consolidated basis till 9MFY25. POWERGRID’s Gross
Fixed Assets on consolidated basis stood at ₹ 2,88,801 crore as on December 31, 2024.
At the end of Q3FY25, the total transmission assets of POWERGRID and its subsidiaries
stood at 1,79,594 ckm of transmission lines, 280 substations and 5,46,461 MVA of
transformation capacity. POWERGRID maintained average transmission system availability
of 99.81% during nine-month FY25.
During the quarter, POWERGRID signed its first Green Loan of US$ 200 million (Greenshoe
Option of US$ 150 million) with Sumitomo Mitsui Banking Corporation (SMBC) for funding of RE project (s) of POWERGRID.