POWERGRID Q1 FY27 results at a glance
POWER GRID CORP. LTD. Q1 FY27 key results metrics| Quarter | Q1 FY27 |
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| Quarter ended | 30 Jun 2026 |
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| Revenue | ₹11,497 cr |
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| Revenue YoY | +2.7% |
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| Operating profit | ₹6,408 cr |
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| Operating margin | 55.7% |
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| Net profit | ₹3,598 cr |
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| Net profit YoY | -0.9% |
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| Net profit QoQ | -20.9% |
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| Net margin | 31.3% |
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| Basic EPS | ₹3.87 |
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| TTM revenue | ₹46,754 cr |
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| TTM net profit | ₹15,960 cr |
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| TTM net margin | 34.1% |
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POWERGRID Q1 FY27 results: what the numbers say
POWER GRID CORP. LTD. (POWERGRID) has reported its Q1 FY27 results for the quarter ended 2026-06-30. The company posted revenue of ₹11,497 cr and a net profit of ₹3,598 cr, translating into earnings per share of ₹3.87.
Compared with the same quarter a year earlier, revenue grew marginally by +2.7% and net profit declined marginally by -0.9%. Profit trailing revenue growth suggests costs, interest or tax absorbed part of the topline gain.
Operating profit for the quarter stood at ₹6,408 cr, an operating margin of 55.7% versus 53.7% a year ago — a gain of 2.0 percentage points.
POWERGRID quarter-wise results table
Revenue
₹11,497 cr
+2.7% YoY
Net profit
₹3,598 cr
-0.9% YoY
Operating profit
₹6,408 cr
+6.5% YoY
POWER GRID CORP. LTD. (POWERGRID) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q1 FY272026-06-30 | ₹11,497 cr | ₹6,408 cr | ₹3,598 cr | 55.7% | 31.3% | ₹3.87 | -0.9% | -20.9% |
| Q4 FY262026-03-31 | ₹11,666 cr | ₹5,771 cr | ₹4,546 cr | 49.5% | 39.0% | ₹4.89 | +9.7% | +8.6% |
| Q3 FY262025-12-31 | ₹12,395 cr | ₹7,272 cr | ₹4,185 cr | 58.7% | 33.8% | ₹4.50 | — | +15.3% |
| Q1 FY262025-06-30 | ₹11,196 cr | ₹6,016 cr | ₹3,631 cr | 53.7% | 32.4% | ₹3.90 | — | -12.4% |
| Q4 FY252025-03-31 | ₹12,275 cr | ₹7,028 cr | ₹4,143 cr | 57.3% | 33.7% | ₹4.46 | — | — |
| TTM (last 4 quarters) | ₹46,754 cr | ₹25,467 cr | ₹15,960 cr | 54.5% | 34.1% | ₹17.16 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
POWERGRID quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
POWER GRID CORP. LTD. quarterly income statement| Particulars | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
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| Revenue / Sales | ₹11,497 cr | ₹11,666 cr | ₹12,395 cr | ₹11,196 cr | ₹12,275 cr |
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| Total expenses | ₹5,089 cr | ₹5,895 cr | ₹5,124 cr | ₹5,180 cr | ₹5,247 cr |
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| Operating profit (EBIT) | ₹6,408 cr | ₹5,771 cr | ₹7,272 cr | ₹6,016 cr | ₹7,028 cr |
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| Operating margin | 55.7% | 49.5% | 58.7% | 53.7% | 57.3% |
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| Interest cost | ₹2,023 cr | ₹2,175 cr | ₹2,191 cr | ₹1,934 cr | ₹2,303 cr |
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| Profit before tax | ₹4,587 cr | ₹3,918 cr | ₹5,239 cr | ₹4,286 cr | ₹5,011 cr |
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| Tax expense | ₹883 cr | -₹4,391 cr | ₹1,312 cr | ₹868 cr | ₹919 cr |
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| Effective tax rate | 19.2% | -112.1% | 25.1% | 20.3% | 18.3% |
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| Net profit (PAT) | ₹3,598 cr | ₹4,546 cr | ₹4,185 cr | ₹3,631 cr | ₹4,143 cr |
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| Net profit margin | 31.3% | 39.0% | 33.8% | 32.4% | 33.7% |
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| Basic EPS | ₹3.87 | ₹4.89 | ₹4.50 | ₹3.90 | ₹4.46 |
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| Diluted EPS | ₹3.87 | ₹4.89 | ₹4.50 | ₹3.67 | ₹4.40 |
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POWERGRID results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
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| Revenue YoY | +2.7% | -5.0% | — | — | — |
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| Revenue QoQ | -1.4% | -5.9% | +10.7% | -8.8% | — |
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| Operating profit YoY | +6.5% | -17.9% | — | — | — |
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| Operating profit QoQ | +11.0% | -20.6% | +20.9% | -14.4% | — |
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| Net profit YoY | -0.9% | +9.7% | — | — | — |
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| Net profit QoQ | -20.9% | +8.6% | +15.3% | -12.4% | — |
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| EPS YoY | -0.8% | +9.6% | — | — | — |
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| EPS QoQ | -20.9% | +8.7% | +15.4% | -12.6% | — |
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POWERGRID annual results history
Full-year performance for POWER GRID CORP. LTD., useful for reading each quarter in context.
POWER GRID CORP. LTD. annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹44,765 cr | ₹44,073 cr | ₹44,203 cr | ₹44,005 cr |
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| Total expenses | ₹19,228 cr | ₹18,311 cr | ₹18,169 cr | ₹18,485 cr |
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| Gross profit | ₹43,020 cr | ₹42,456 cr | ₹42,706 cr | ₹42,679 cr |
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| Operating profit (EBIT) | ₹25,538 cr | ₹25,762 cr | ₹26,808 cr | ₹25,521 cr |
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| Operating margin | 57.0% | 58.5% | 60.6% | 58.0% |
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| Interest cost | ₹9,521 cr | ₹9,110 cr | ₹8,945 cr | ₹8,464 cr |
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| Profit before tax | ₹17,321 cr | ₹19,018 cr | ₹19,085 cr | ₹17,453 cr |
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| Tax expense | -₹1,381 cr | ₹3,773 cr | ₹2,941 cr | ₹2,282 cr |
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| Effective tax rate | -8.0% | 19.8% | 15.4% | 13.1% |
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| Net profit (PAT) | ₹15,928 cr | ₹15,521 cr | ₹15,573 cr | ₹15,420 cr |
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| Net profit margin | 35.6% | 35.2% | 35.2% | 35.0% |
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| Basic EPS | ₹17.13 | ₹16.69 | ₹16.74 | ₹16.58 |
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| Diluted EPS | ₹17.13 | ₹16.69 | ₹16.74 | ₹16.58 |
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Revenue trend and demand read-through
Topline for Q1 FY27 came in at ₹11,497 cr against ₹11,196 cr in Q1 FY26, and ₹11,666 cr in the preceding Q4 FY26 quarter.
On a sequential basis revenue declined -1.4%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹5,089 cr, or 44.3% of revenue, with operating profit grew +6.5% year on year.
Margins, tax and profitability
Net profit of ₹3,598 cr works out to a net margin of 31.3% compared with 32.4% in the year-ago quarter. Margin pressure of this kind usually reflects higher input costs, pricing competition, or a heavier interest and depreciation load.
Below the operating line, POWER GRID CORP. LTD. reported profit before tax of ₹4,587 cr, a tax charge of ₹883 cr (effective rate 19.2%), interest cost of ₹2,023 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹4,546 cr in Q4 FY26 to ₹3,598 cr in Q1 FY27, a change of -20.9%.
Trailing twelve months and annual context
Across the trailing four quarters POWER GRID CORP. LTD. has generated revenue of ₹46,754 cr and net profit of ₹15,960 cr, a trailing net margin of 34.1%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹44,765 cr with net profit of ₹15,928 cr and EPS of ₹17.13, versus the prior year where revenue grew +1.6% and profit grew +2.6%.
What to watch in the next POWERGRID quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A single weak quarter matters less than the direction over three to four consecutive quarters.
POWER GRID CORP. LTD. has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
POWERGRID results coverage
No results report published for POWERGRID yet — our desk covers each quarter within minutes of the filing.
More on POWERGRID
POWERGRID quarterly results FAQs
What were POWER GRID CORP. LTD. (POWERGRID) Q1 FY27 results?
In Q1 FY27 (quarter ended 30 Jun 2026), POWER GRID CORP. LTD. reported revenue of ₹11,497 cr and net profit of ₹3,598 cr, a change of -0.9% year on year on +2.7% revenue growth. EPS stood at ₹3.87.
What is POWERGRID profit margin in Q1 FY27?
POWER GRID CORP. LTD. posted a net profit margin of 31.3% and an operating margin of 55.7% in Q1 FY27. On a trailing twelve-month basis, revenue is ₹46,754 cr and net profit ₹15,960 cr.
Did POWERGRID results beat the previous quarter?
POWER GRID CORP. LTD. net profit changed -20.9% quarter on quarter, from ₹4,546 cr in Q4 FY26 to ₹3,598 cr in Q1 FY27.
When are POWER GRID CORP. LTD. (POWERGRID) quarterly results?
POWER GRID CORP. LTD. has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see POWERGRID latest quarterly results?
Results coverage for POWERGRID will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the POWERGRID stock page.
What is POWER GRID CORP. LTD. annual revenue and profit?
For FY26, POWER GRID CORP. LTD. reported full-year revenue of ₹44,765 cr and net profit of ₹15,928 cr, with EPS of ₹17.13.
How many quarterly results has POWERGRID declared recently?
Past results dates for POWERGRID will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 11 Sept 2026. For information only, not investment advice.
