POWERGRID2024-10-012024-12-31 POWERGRID2024-10-012024-12-31 POWERGRID2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member POWERGRID2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member POWERGRID2024-12-31 POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue01Member POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue02Member POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue03Member POWERGRID2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue01Member POWERGRID2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue02Member POWERGRID2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue03Member POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults01Member POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults02Member POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults03Member POWERGRID2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults01Member POWERGRID2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults02Member POWERGRID2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults03Member POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets01Member POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets02Member POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets03Member POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member POWERGRID2024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member POWERGRID2024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member POWERGRID2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member POWERGRID2024-12-31in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532898 POWERGRID NOTLISTED Power Grid Corporation of India Limited Equity 2024-04-01 2025-03-31 2025-02-03 2025-01-28 INR Crores Third quarter 17:00:00 20:00:00 2025-02-03 2025-02-03 Not applicable Multi segment 2024-10-01 2024-12-31 Unaudited Consolidated 112330300000.00 5100300000.00 117430600000.00 0.00 0.00 0.00 5967400000.00 19174100000.00 32161900000.00 10983100000.00 68286500000.00 49144100000.00 0.00 49144100000.00 8816100000.00 2085500000.00 10901600000.00 424700000.00 38667200000.00 0.00 0.00 0.00 -50900000.00 38616300000.00 -1163500000.00 37452800000.00 38616300000.00 0.00 37452800000.00 0.00 93006000000.00 10 4.15 4.15 0.00 0.00 4.15 4.15 0.01 0.02 0.05 Notes to Consolidated financial results: 1. (a) In exercise of powers u/s 178 of the Electricity Act 2003, Central Electricity Regulatory Commission (CERC) has notified “CERC (Terms and Conditions of Tariff) Regulations, 2024” vide notification dated 15 March 2024 for the determination of transmission tariff for the block period 2024-29. (b) In respect of projects whose tariffs are determined by CERC, the Group has recognised transmission income during the quarter and nine months ended 31 December 2024 as per the following: (i) Rs. 9,166.07 crore for the quarter (corresponding previous quarter Rs. 9,814.87 crore) and Rs. 27,441.32 crore for the nine months (corresponding previous nine months Rs. 29,051.12crore) as per tariff orders issued by CERC. (ii) Rs. 641.86 crore for the quarter (corresponding previous quarter Rs. 524.52 crore) and Rs. 1,993.31 crore for the nine months (corresponding previous nine months Rs. 1,532.01 crore) provisionally as per CERC Tariff Regulations in respect of transmission assets for which tariff orders are yet to be issued. (c) Consequent to the final order issued by CERC, transmission income includes Rs. 63.01 crore (increase) for the quarter (corresponding previous quarter Rs. 236.77 crore (increase)) and Rs. 363.09 crore (increase) for the nine months (corresponding previous nine months Rs. 681.67 crore (increase)) pertaining to earlier years. 2. The Company, in its Board Meeting held on 06 November 2024, has declared interim dividend of Rs.4.50 per share for financial year 2024-25 and subsequently paid on 04 December 2024. In addition to above, the Board in its meeting held on 03 February 2025, has declared interim dividend of 3.25 per share (face value of Rs. 10/- each) for financial year 2024-25. 3. The Company had monetised 100% holding in Powergrid Vizag Transmission Limited (PVTL) and 74% holding in Powergrid Kala Amb Transmission Limited (PKATL), Powergrid Jabalpur Transmission Limited (PJTL), Powergrid Warora Transmission Limited (PWTL) and Powergrid Parli Transmission Limited (PPTL) through POWERGRID Infrastructure Investment Trust ('PGlnvlT/ Trust') in FY 2021-22. The balance 26% of SPVs i.e. PKATL, PJTL, PWTL & PPTL has been transferred, which was classified as “Assets Classified as Held for Sale”, to PGInvIT on 30 December 2024. Profit on above transaction (net of related expenses) amounting to Rs. 245.60 crore is included in “Other income”. 4. The Company and Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) have entered into a Shareholders’ Agreement on 30 September 2024 to form a Joint Venture Company (“JVC”) for development of Intra-state Transmission System in the State of Rajasthan with an equity participation of 74% by the Company and 26% by RRVPNL. In this regard, a Joint Venture Company namely ‘Rajasthan Power Grid Transmission Company Limited’ was incorporated on 27 November 2024. 5. Provision for taxes, employee benefits and other provisions for contingencies have been considered on estimated basis. 6. The above statement of Consolidated financial results has been reviewed by the Audit Committee (consisting of two Non-executive Directors and one Executive Director, pending appointment of Independent Directors), and thereafter has been considered and approved by the Board of Directors in their respective meetings held on 03 February 2025. 7. As required under regulation 33 and 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended to the extent applicable, the Statutory Auditors have conducted a limited review of the Consolidated financial results for the quarter and nine months ended 31 December 2024. 8. Previous period figures have been regrouped / rearranged wherever considered necessary. Multi segment 2024-04-01 2024-12-31 Unaudited Consolidated 335169700000.00 13516100000.00 348685800000.00 0.00 0.00 0.00 18350400000.00 63974700000.00 97086400000.00 28401600000.00 207813100000.00 140872700000.00 0.00 140872700000.00 24234700000.00 4304700000.00 28539400000.00 2259200000.00 114592500000.00 0.00 0.00 0.00 -806800000.00 113785700000.00 -1587900000.00 112197800000.00 113785700000.00 0.00 112197800000.00 0.00 93006000000.00 10 12.23 12.23 0.00 0.00 12.23 12.23 0.01 0.02 0.04 Other Expenses 10983100000.00 Other Expenses 28401600000.00 Consultancy 2407100000.00 Telecom 2743400000.00 Transmission 111405900000.00 Consultancy 6195400000.00 Telecom 8252500000.00 Transmission 330661500000.00 116556400000.00 345109400000.00 791200000.00 1893800000.00 115765200000.00 343215600000.00 Consultancy 449700000.00 Telecom 1264800000.00 Transmission 65453000000.00 Consultancy 712600000.00 Telecom 3801200000.00 Transmission 197600900000.00 67167500000.00 202114700000.00 19174100000.00 63974700000.00 -1614500000.00 Note- 1. The operations of the Group are mainly carried out within the country and therefore, geographical segments are not applicable. 2. Profit before tax including Regulatory Deferral Account Balance 3. Other Unallocable Expenditure net off unallocable income includes 'Share of net profits of investments in Joint Ventures accounted for using Equity Method' -4663400000.00 49607900000.00 142803400000.00 Consultancy 20532000000.00 Telecom 20743600000.00 Transmission 2212022700000.00 2253298300000.00 366249100000.00 2619547400000.00 Consultancy 34256900000.00 Telecom 11027400000.00 Transmission 123488000000.00 168772300000.00 1534573900000.00 1703346200000.00 -1363200000.00 -1790100000.00 -199700000.00 -202200000.00 0.00 0.00