Integrated Filing — IndAS

General information about company
Scrip Code	532898
NSE Symbol	POWERGRID
MSEI Symbol	NOTLISTED
ISIN	INE752E01010
Name of company	POWER GRID CORPORATION OF INDIA LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	19-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	13-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	19-May-2025   15:30:00
End date and time of board meeting	19-May-2025   19:00:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	122753500000	457923200000
	Other income	3154500000	16670600000
	Total income	125908000000	474593800000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	7693600000	26044000000
(e)	Finance costs	23026600000	87001300000
(f)	Depreciation, depletion and amortisation expense	31955100000	129041500000
(f)	Other Expenses
1	Other Expenses	12823900000	41225500000
	Total other expenses	12823900000	41225500000
	Total expenses	75499200000	283312300000
3	Total profit before exceptional items and tax	50408800000	191281500000
4	Exceptional items	0	0
5	Total profit before tax	50408800000	191281500000
6	Tax expense
7	Current tax	9388000000	33622700000
8	Deferred tax	-199800000	4104900000
9	Total tax expenses	9188200000	37727600000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	503900000	2763100000
11	Net Profit Loss for the period from continuing operations	41724500000	156317000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	-295800000	-1102600000
16	Total profit (loss) for period	41428700000	155214400000
17	Other comprehensive income net of taxes	-774900000	-2362800000
18	Total Comprehensive Income for the period	40653800000	152851600000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	41428700000	155214400000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	40653800000	152851600000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	93006000000	93006000000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		833622100000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	4.46	16.69
	Diluted earnings (loss) per share from continuing operations	4.46	16.69
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	4.46	16.69
	Diluted earnings (loss) per share from continuing and discontinued operations	4.46	16.69
24	Debt equity ratio	1.41	1.41
25	Debt service coverage ratio	1.57	1.53
26	Interest service coverage ratio	4.16	4.28
27	Disclosure of notes on financial results		For Notes to Consolidated financial results , Kindly refer published financial results on our website and respective websites of NSE and BSE.

Remarks
Debt equity ratio	For the year ended, Debt is more than Equity.
Debt service coverage ratio	1. For the quarter ended, Sum of Profit for the period, Depreciation and amortisation expense, Finance costs, FERV and Net Loss on Sale of Fixed Assets is more than Sum of Finance costs, Lease Payments and Principal Repayments. n n2. For the year ended, Sum of Profit for the period, Depreciation and amortisation expense, Finance costs, FERV and Net Loss on Sale of Fixed Assets is more than Sum of Finance costs, Lease Payments and Principal Repayments. n
Interest service coverage ratio	1. For the quarter ended, Sum of Profit for the period, Depreciation and amortisation expense, Finance costs, FERV and Net Loss on Sale of Fixed Assets is more than Finance costs. n n2. For the year ended, Sum of Profit for the period, Depreciation and amortisation expense, Finance costs, FERV and Net Loss on Sale of Fixed Assets is more than Finance costs. n

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	1708856800000
	Capital work-in-progress	332686900000
	Investment property	0
	Goodwill	0
	Other intangible assets	14344900000
	Intangible assets under development	3163800000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	18830600000
	Non-current financial assets
	Non-current investments	12335900000
	Trade receivables, non-current	440500000
	Loans, non-current	5826900000
	Other non-current financial assets	97890400000
	Total non-current financial assets	116493700000
	Deferred tax assets (net)	886400000
	Other non-current assets	72047500000
	Total non-current assets	2267310600000
2	Current assets
	Inventories	18025200000
	Current financial asset
	Current investments	0
	Trade receivables, current	79647500000
	Cash and cash equivalents	37967900000
	Bank balance other than cash and cash equivalents	62804500000
	Loans, current	1339600000
	Other current financial assets	91441100000
	Total current financial assets	273200600000
	Current tax assets (net)	0
	Other current assets	3766800000
	Total current assets	294992600000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	98768700000
	Total assets	2661071900000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	93006000000
	Other equity	833622100000
	Total equity attributable to owners of parent	926628100000
	Non controlling interest	0
	Total equity	926628100000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1098579500000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	36158500000
	Total non-current financial liabilities	1134738000000
	Provisions, non-current	7265600000
	Deferred tax liabilities (net)	107054200000
	Deferred government grants, Non-current	0
	Other non-current liabilities	82934800000
	Total non-current liabilities	1331992600000
	Current liabilities
	Current financial liabilities
	Borrowings, current	211070100000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	876400000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	5328000000
	Total Trade payable	6204400000
	Other current financial liabilities	134674400000
	Total current financial liabilities	351948900000
	Other current liabilities	42530800000
	Provisions, current	6313700000
	Current tax liabilities (Net)	1657800000
	Deferred government grants, Current	0
	Total current liabilities	402451200000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	1734443800000
	Total equity and liabilites	2661071900000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block

Textual Information(1)

Notes for Balance sheet n n1. Other non-current financial liabilities includes Lease Liability Non current of Rs 52.09 Crore and Other current financial liabilities includes Lease Liability current of Rs 13.16 crore as on 31.03.2025 n nNotes for Cash Flow Statement n1. Cash and cash equivalents at the end of year includes Rs 658.87 crore Previous year Rs 772.80 crore held in designated accounts which is not available for use by the Group. n

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Unaudited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Transmission	117106500000	447768000000
2	Consultancy	5177400000	11372800000
3	Telecom	3028500000	11281000000
	Total Segment Revenue	125312400000	470421800000
	Less: Inter segment revenue	1023700000	1023700000
	Revenue from operations	124288700000	467504300000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Transmission	70215800000	267816700000
2	Consultancy	788300000	1500900000
3	Telecom	1422400000	5223600000
	Total Profit before tax	72426500000	274541200000
	i. Finance cost	23026600000	23026600000
	ii. Other Unallocable Expenditure net off Unallocable income	-1323500000	-1323500000
	Profit before tax	50723400000	193526800000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Transmission	2186192300000	2186192300000
2	Consultancy	24458100000	24458100000
3	Telecom	19313400000	19313400000
	Total Segment Asset	2229963800000	2229963800000
	Un-allocable Assets	431108100000	431108100000
	Net Segment Asset	2661071900000	2661071900000
4	Segment Liabilities
	Segment Liabilities
1	Transmission	130093500000	130093500000
2	Consultancy	38316400000	38316400000
3	Telecom	10255700000	10255700000
	Total Segment Liabilities	178665600000	178665600000
	Un-allocable Liabilities	1555778200000	1555778200000
	Net Segment Liabilities	1734443800000	1734443800000
	Disclosure of notes on segments	Textual Information(2)

Text Block
Textual Information(2)	Note n1. The operations of the Company are mainly carried out within the country and therefore, geographical segments are not applicable. n2. Profit before tax including Regulatory Deferral Account Balance n3. Other Unallocable Expenditure net off unallocable income includes Share of net profits of investments in Joint Ventures accounted for using Equity Method n

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to Profit or Loss	-917100000	-2707100000
	Total Amount of items that will not be reclassified to profit and loss	-917100000	-2707100000
2	Income tax relating to items that will not be reclassified to profit or loss	-142200000	-344300000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-774900000	-2362800000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Unaudited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			191281500000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			87001300000
	Adjustments for decrease (increase) in inventories			-3966500000
	Adjustments for decrease (increase) in trade receivables, current			34530800000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			1909500000
	Adjustments for decrease (increase) in other non-current assets			-107700000
	Adjustments for other financial assets, non-current			-3007800000
	Adjustments for other financial assets, current			-43851300000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			2490800000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			977500000
	Adjustments for increase (decrease) in other non-current liabilities			1101500000
	Adjustments for depreciation and amortisation expense			129041500000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			38700000
	Adjustments for provisions, non-current			829000000
	Adjustments for other financial liabilities, current			16733400000
	Adjustments for other financial liabilities, non-current			-583300000
	Adjustments for unrealised foreign exchange losses gains			1300100000
	Adjustments for dividend income			690000000
	Adjustments for interest income			5163500000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-262100000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-12955000000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-2629000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			202737900000
	Net cash flows from (used in) operations			394019400000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			31786500000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			362232900000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			4704400000
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			227700000
	Purchase of property, plant and equipment			226139400000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			15201000000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			46500000
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			542100000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			1815700000
	Interest received			4845200000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-6173900000
	Net cash flows from (used in) investing activities	-235332700000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			193243600000
	Repayments of borrowings			126858600000
	Payments of lease liabilities			89300000
	Dividends paid			97656400000
	Interest paid			92211100000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-123571800000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			3328400000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			3328400000
	Cash and cash equivalents cash flow statement at beginning of period			34639500000
	Cash and cash equivalents cash flow statement at end of period			37967900000