Power Grid Corporation of India Ltd (PGCIL) has posted robust financial results for Q2 FY2025, with significant revenue and profit growth. The company also announced plans to raise ₹60 billion from SBI and declared an interim dividend, reinforcing its financial strength and expansion strategy.
Power Grid Corporation of India Ltd reported consolidated revenue from operations of ₹114.76 billion for the second quarter of FY2025, alongside a consolidated net profit of ₹35.66 billion. These figures reflect the company’s continued dominance in India’s power transmission sector and its operational efficiency.
In a strategic financial move, Power Grid will raise up to ₹60 billion from the State Bank of India to support ongoing infrastructure projects and future growth. Additionally, the board has approved an interim dividend of ₹4.50 per share, rewarding shareholders amid strong quarterly performance.
Major takeaways:
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Q2 FY2025 consolidated revenue: ₹114.76 billion
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Q2 FY2025 consolidated profit: ₹35.66 billion
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Fundraising plan: Up to ₹60 billion from SBI
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Interim dividend declared: ₹4.50 per share
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Funds to support infrastructure expansion and operational upgrades
Sources: Reuters, Business Standard, Moneycontrol, Power Grid Corp Investor Relations