By BasisPoint Insight
July 31, 2025 at 6:29 AM IST
Power Grid Corporation of India Ltd. on Tuesday posted a 2.5% drop in consolidated net profit at ₹3,630.6 crore for the June quarter, compared to ₹3,724 crore a year ago. On a sequential basis, profit declined over 12% from ₹4,143 crore in the March quarter.
Consolidated revenue rose 2% on year to ₹11,196 crore from ₹11,006 crore in the same period last year.
Total expenses for the quarter were up 7% on year at ₹7,114.2 crore. Net profit margin slipped to 32% from 34% in the March and June 2024 quarters. Operating margin remained flat at 85% compared to March, but lower than 89% a year earlier.
The company's total debt-to-assets ratio was steady at 0.48, unchanged from June 2024 and slightly lower than 0.49 in March.
Segment Performance
– Transmission: Revenue dipped marginally to ₹10,694.7 crore from ₹10,728 crore in April-June 2024-25.
– Consultancy: Revenue more than doubled to ₹405.9 crore from ₹184.2 crore a year ago.
– Telecom: Revenue rose nearly 18% on year to ₹289.5 crore from ₹245.8 crore.