Overview
- The company reported consolidated PAT of Rs 3,598.42 crore for Q1 FY27, a small decline from Rs 3,630.58 crore a year earlier, with consolidated total income rising to about Rs 11,696.7 crore.
- Power Grid recorded strong capital activity in the quarter with Rs 7,765 crore of capex and Rs 5,277 crore of assets capitalised on a consolidated basis.
- During Q1 the firm secured a JPY 80 billion loan from the Japan Bank for International Cooperation to help fund the Khavda–Nagpur HVDC transmission project.
- The company won five transmission contracts under tariff-based competitive bidding and in July secured India’s first TBCB synchronous condenser scheme, and on August 5 approved an Rs 856.94 crore HTLS upgrade for two 400kV corridors due by February 11, 2028.
- Investors reacted negatively on Thursday with the stock down about 4 percent, and the company continues to report high system availability of 99.80 percent alongside a growing asset base of 1,86,595 ckm of lines, 291 substations and 6,34,516 MVA of transformation capacity, which supports higher renewable integration over time.