Power Grid Corporation of India Limited (POWERGRID) — Financial Results | 3 February 2025(2 announcements)

Power Grid Corporation of India reported unaudited Q3 FY2025 results showing total income of ₹11,609.22 crores and profit after tax of ₹3,894.09 crores, up sharply from prior periods. The board approved a ₹3.25 interim dividend per share with record date 7 Feb 2025 and cleared a ₹370.02 crore 400kV transmission line investment targeting completion by December 2026. Financial ratios remain stable with a debt-equity ratio of 0.87 and current ratio of 1.41.

{ "summary": "Power Grid Corporation of India reported unaudited Q3 FY2025 results showing total income of ₹11,609.22 crores and profit after tax of ₹3,894.09 crores, up sharply from prior periods, with an approved interim dividend of ₹3.25 per share payable on 28 February 2025. The company also approved a Rs 370.02 crore investment in a 400kV transmission project targeting completion by December 2026.", "extractedFields": { "keyEvent": "Approved interim dividend of ₹3.25 per share and Rs 370.02 crore transmission project investment", "whatChanged": "Profit after tax rose to ₹3,894.09 crores in Q3; total income reached ₹11,609.22 crores", "forwardGuidance": "Project completion by December 2026", "investorTakeaway": "Shareholders receive an interim dividend while the company advances key transmission infrastructure spending.", "interimDividendPerShare": 3.25, "dividendRecordDate": "2025-02-07", "dividendPaymentDate": "2025-02-28", "projectInvestmentAmount": 370.02, "projectCompletionTarget": "December 2026", "totalIncomeQ3": 11609.22, "profitAfterTaxQ3": 3894.09, "earningsPerShareBasicContinuing": 4.19, "earningsPerShareDilutedContinuing": 4.14, "boardMeetingOutcome": "Approved unaudited Q3 and 9M financial results, interim dividend, and transmission line project investment", "revenueQuarter": 11233.03, "revenueNineMonths": 33516.97, "profitBeforeTaxQuarter": 4914.41, "profitBeforeTaxNineMonths": 14087.27, "profitForPeriodQuarter": 3861.63, "profitForPeriodNineMonths": 11378.57, "earningsPerShareBasicQuarter": 4.15, "earningsPerShareBasicNineMonths": 12.23, "earningsPerShareDilutedQuarter": 4.11, "earningsPerShareDilutedNineMonths": 11.99, "totalAssetsQuarter": 261954.74, "totalLiabilitiesQuarter": 170334.62, "debtEquityRatio": 0.87, "currentRatio": 1.41, "debtServiceCoverageRatio": 1.56, "interestServiceCoverageRatio": 1.33, "operatingMargin": 4.75, "netProfitMargin": 3.94, "reservesExcludingRevaluation": 82319.52, "netWorth": 91620.12, "totalBorrowings": 129288.18, "netProfitAfterTax": 3894.09, "totalComprehensiveIncome": 3777.68, "paidUpEquityShareCapital": 9300.6, "reservesExcludingRevaluation": 81683.3, "securitiesPremium": 5509.28, "netWorth": 90983.9, "totalBorrowings": 129288.18, "debtEquityRatio": 1.42, "earningsPerShareIncludingRegulatoryDeferral": 4.19, "earningsPerShareExcludingRegulatoryDeferral": 4.14, "debtServiceCoverageRatio": 1.52, "interestServiceCoverageRatio": 4.33, "quarterEnded": "31.12.2024", "nineMonthsEnded": "31.12.2024", "comparativeQuarterEnded": "31.12.2023", "comparativeNineMonthsEnded": "31.12.2023", "auditPeriodEnded": "31.03.2024", "auditedNetProfit": 15573.16, "auditedTotalComprehensiveIncome": 15338.55, "auditedNetWorth": 87145.11, "auditedTotalBorrowings": 123448.62, "auditedDebtEquityRatio": 1, "companyName": "Power Grid Corporation of India Limited", "exchange": "NSE", "filingDate": "2025-02-03", "financialPeriodEnd": "31 December 2024", "auditStatus": "Unaudited interim results reviewed by auditors", "auditorsInvolved": [ "S. Ramanand Aiyar & Co.", "Sagar & Associates", "G.D. Apte & Co.", "Suresh Surana & Associates LLP" ], "auditOpinions": [ "Unmodified opinion on consolidated financial results (dated 07 February 2024)", "Unmodified opinion on standalone financial results (dated 22 May 2024)" ], "regulatoryCompliance": { "sebiRegulations": [ "Regulation 52(4), 52(7), and 54(2) of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015" ], "complianceDisclosures": [ "Debt Equity Ratio", "Debt Service Coverage Ratio", "Interest Service Coverage Ratio", "Outstanding redeemable preference shares", "Capital Redemption Reserve/Debenture Redemption Reserve", "Net Worth", "Net Profit after tax", "Earnings per Share", "Current Ratio", "Long term debt to working capital", "Bad debts to Account receivable ratio", "Current liability ratio", "Total debts to total assets", "Debtors turnover", "Inventory turnover", "Operating margin", "