State-owned Power Grid Corporation has posted nearly 10 per cent rise in its consolidated net profit to Rs 4,546.33 crore in the March quarter compared to the year-ago period due to higher deferred tax credit.
The consolidated net profit was Rs 4,142.87 crore in the quarter ended on March 31, 2025, a regulatory filing showed.
According to the regulatory filing, the company has a deferred tax credit of Rs 5,179.80 crore in the quarter compared to Rs 19.98 crore in the same period a year ago. However, total income has dipped to Rs 11,970.69 crore in the quarter from Rs 12,590.80 crore a year ago.
In the fiscal 2025-26, the consolidated net profit rose to Rs 15,927.95 crore from Rs 15,521.44 crore a year ago.
The company said in a statement that it has proposed a final dividend of Rs 1.25 per share on a face value of Rs 10 each (12.50% of the paid-up share capital) in addition to interim dividend of Rs 7.75 per share paid for FY26 so far.
At the end of FY26, the total transmission as