Power Grid reports Q2 profit growth, approves ₹3 dividend
Power Grid reported Q2 consolidated net profit of ₹3,866.16 cr, up 8.41% year on year, and approved a ₹3 interim dividend. OI Charts data showed the stock at ₹265 on 30 Oct, with futures short covering and ₹250 as the largest open-interest strike.
after close2 sources ↓machine-written, see hownot a recommendation
- POWERGRID close
- ₹265.00
- On the day
- +1.92%
- Futures OI, short covering
- -3.1%
- Put-call ratio
- 0.88
- Max pain
- ₹260.00
Power Grid Corporation of India reported an 8.41% year-on-year increase in consolidated net profit to ₹3,866.16 cr for the quarter ended 30 Sep 2026, compared with ₹3,566.08 cr a year earlier. Consolidated revenue from operations rose 2.97% to ₹11,816.22 cr. Sequentially, net profit increased 7.44% and revenue rose 2.78%. The board also approved a ₹3 interim dividend per equity share of ₹10 for FY27, equal to 30% of paid-up equity share capital. The record date remains 6 Nov 2026. ⚡
The results delivered the earnings update that had been scheduled for the 1 Nov board meeting and replaced the earlier focus on the pending payout amount. The profit increase supports near-term sentiment for the power-transmission operator, while the revenue growth was slower than the earnings increase. The dividend creates a defined eligibility date for shareholders, with the board approval now providing the amount that was unavailable in the earlier report. 📈
OI Charts data showed the shares closing at ₹265 on 30 Oct 2026, up 1.92% on the day, with volume of 13,684,488 shares. The stock gained 5.1% over five sessions and 1.2% over 20 sessions. Its 52-week range remained ₹244.60, recorded on 26 Oct, to ₹324.95 on 27 Apr. The latest close was 8.3% above the recent low and 18.4% below the 52-week high.
The derivatives setup showed short covering: futures open interest fell 3.1% to 53.865 million shares, while futures traded at a 1.58% discount to the underlying. For the 23 Nov expiry, the put-call ratio was 0.88 and max pain was ₹260. Both the largest call and put open interest were at ₹250, making that strike the main open-interest reference, while ₹260 remains the max-pain level.
Investors will now track the 6 Nov record date, the stock’s reaction to the approved dividend and the 23 Nov derivatives expiry. The next quarterly update will show whether the earnings improvement continues alongside the company’s investment programme.
Source: CNBC TV18, 01 Nov 2026; news.google.com, 29 Oct 2026
Not investment advice. For informational purposes only.