NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Power Grid Announces Board Meeting to Consider Financial Results and Dividend

The Maharatna PSU Power Grid has announced that its board of directors will meet next week to consider the financial results for the January-March quarter, along with a final dividend. The meeting is scheduled to take place on Saturday, 16 May 2026.

As part of the agenda, the board will consider and approve the audited financial results of the company for the financial year ended 31st March 2026, after reviewing the results by the audit committee. Additionally, the board will consider the recommendation of a final dividend for the fiscal year 2025-26, if any.

Market analysts are expecting Power Grid to post a tad better profit growth in the March quarter of FY26, with a 6% year-on-year (YoY) increase and a 5% quarter-on-quarter (QoQ) increase, reflecting improved asset capitalisation in the current and previous quarters.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

BrokerageNet Sales Increase (YoY)Net Sales Increase (QoQ)Projected Net Sales (₹ crore)
Kotak Institutional Equities (KIE)5%2.3%12,943.3
Motilal Oswal Financial Services5%-12,300

According to estimates by Motilal Oswal Financial Services, the reported profit could rise 5% YoY due to a pickup in capital expenditure (capex) and capitalisation, as right-of-way constraints and other project-related delays could have a relatively lower impact. The brokerage also estimates that earnings before interest, taxes, depreciation, and amortisation (EBITDA) could jump 18% YoY.

In terms of sales, revenue is expected to grow 12% YoY to ₹12,300 crore, according to Motilal Oswal Financial Services' estimates.

Investor Takeaway

Power Grid Corporation of India is scheduled to announce its Q4 2026 earnings next week.

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