Outcome of Board Meeting

01st November, 2026 To To The General Manager (Listing), The General Manager (Listing), National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, C 1/G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai. Bandra (East), Mumbai. Reference: NSE-SCRIP ID: POWERGRID; BSE Scrip Code: 532898 EQ – ISIN: INE752E01010 Sub.: Outcome of the Board Meeting held on 01st November, 2026 Dear Sir, We wish to inform that in pursuance of Regulation 30, 33, 43 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR”), the Board of Directors of POWERGRID (“the Company”), at its meeting held today i.e., Sunday, 01st November, 2026, has inter-alia considered and approved the following: i. The Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended 30th September, 2026 along with the Limited Review Report of the Auditors (copy enclosed as Annexure-A). ii. Payment of 1st (first) Interim Dividend of Rs. 3.00/- per equity share of Rs. 10/- each (@30% of the paid-up equity share capital) for the Financial Year 2026-27. The Record Date for the purpose of payment of dividend shall be Friday, 06th November, 2026 and 1st Interim Dividend will be paid to the Members on Monday, 30th November, 2026. The Board Meeting commenced at 5:40 P.M. (IST) and concluded at 6:10 P.M. (IST). Please take the above information on record. Thanking You, Yours faithfully, (Anjana Luthra) Company Secretary & Compliance Officer Encl.: As above Corporate Office: “Saudamini”, Plot No. 2, Sector-29, Gurugram-122001, (Haryana) Tel.: 0124-2822999 & 2822000 Registered Office: B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi-110 016. Tel: 011-26560112, 26560115 & 26560193, CIN : L40101DL1989GOI0381 21 Website: www.powergrid.in Annexure A Power Grid Corporation of India Limited (A Govt. of India Enterprise) q1ai!Fcils POWERGRID CIN : L40101DL1989GOI038121 B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi-110016 Statement of Unaudited Standalone Financial Results for the quarter and half year ended 30 September 2026 ('(in Crore) Quarter ended Half Year ended Year ended Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Income I Revenue From Operations 10,048.43 9,795.40 9,999.60 19,843.83 19,927.83 40,904.20 II Other Income 1,851.53 1,574.64 1,348.67 3,426.17 2,677.32 6,091.68 Ill Total Income (1+11) 11,899.96 11,370.04 11,348.27 23,270.00 22,605.15 46,995.88 IV Expenses Employee benefits expense 695.23 666.14 662.88 1,361.37 1,296.79 2;643.92 Finance costs 2,733.50 2,514.78 2,557.95 5,248.28 4,862.40 10,050.43 Depreciation and amortisation expense 2,986.00 2,924.96 3,056.19 5,910.96 6,025.94 12,329.79 Other expenses 1,115.97 1,017.84 1,327.12 2,133.81 2,503.62 5,212.64 Total Expenses {IV) 7,530.70 7,123.72 7,604.14 14,654.42 14,688.75 30,236.78 V Profit before Tax and Regulatory Deferral Account Balances (Ill-IV) 4,369.26 4,246.32 3,744.13 8,615.58 7,916.40 16,759.10 VI Tax expense: Current tax -Current Year 706.27 768.27 650.92 1,474.54 1,373.70 2,943.33 -Earlier Years 0.02 Deferred tax (62.13) (39.27) 57.67 (101.40) 68:21 (4,928.86) 644.14 729.00 708.59 1,373.14 1,441.91 (1,985.51) VII Profit for the period before Regulatory·Deferral Account Balances (V-VI) 3,725.12 3,517.32 3,035.54 7,242.44 6,474.49 18,744.61 VIII Net movement in Regulatory Deferral Account Balances 93.96 (106.37) 519.26 (12.41) 733.54 (2,823.61) lncome/(Expenses) (net of tax) IX Profit for the period (Vll+VIII) 3,819.08 3,410.95 3,554.80 7,230.03 7,208.03 15,921.00 X Other Comprehensive Income Items that will not be reclassified to profit or loss (net of tax) 71.91 64.35 46.18 136.26 235.89 173.38 Items that will be reclassified to profit or loss (net of tax) (18.50) (24.28) (42.78) (27.60) XI Total Comprehensive Income for the period (IX+X) 3,872.49 3,451.02 3,600.98 7,323.51 7,443.92 16,066.78 XII Paid up Equity Share Capital 9,300.60 9,300.60 9,300.60 9,300.60 9,300.60 9,300.60 (Face value of share : ~ 10/-each) XIII Earnings per equity share (Face value of '<10/-each) including movement in Regulatory Deferral Account Balances : Basic & 4.10 3.67 3.82 7.77 7.75 17.12 Diluted (In ~) • excluding movement in Regulatory Deferral Account Balances : Basic & 4.01 3.78 3.26 7.79 6.96 20.15 Diluted (In ~) • Refer accompanying notes to the financial results. (*) Figures for the quarters and half year have not been annualized Power Grid Corporation of India Limited (A Govt. of India Enterprise) q1ai!Fcils POWERGRm CIN : L40101DL1989GOl038121 B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi-110016 Statement of Standalone Assets and Liabilities ("in Crore) As at S.No. Particulars 30.09.2026 31.03.2026 (Unaudited) (Audited) A. ASSETS 1 Non-current assets Property, plant & equipment 1,49,000.12 1,50,776.96 Capital work-in-progress 6,760.35 8,354.24 Investment Property 1.87 1.87 Intangible assets 1,351.09 1,373.17 Intangible assets under development 6.24 37.04 Financial assets Investments 19,579.81 16,140.96 Loans 69,924.83 57,325.75 Other non-,urrent financial assets 6,293.51 4,714.11 Other non-current assets 5,672.77 5,788.73 2,58,590.59 2,44,512,83 2 Current assets Inventories 1,625.74 1,446.70 Financial ·assets Investments 500.16 251.22 Trade receivables 6,934.02 10,848.88 Cash and cash equivalents 2,393.45 5,162.11 Bank balances other than Cash and cash equivalents 2,538.56 2,539.07 Loans 1,782.38 1,431.04 Other current financial assets 6,537.11 6,139.54 Other current assets 867.66 370.64 23,179.08 28,189.20 Assets Classified as Held for Sale (refer Note 3 & 4) 214.51 214.51 23,393,59 28,403,71 3 ~egulatory Deferral Account Balances 6,499.28 6,518.36 TOTAL ASSETS 2,88,483.46 2,79,434.90 B. EQUITY AND LIABILITIES 1 Equity Equity Share capital 9,300.60 9,300.60 Other Equity 96,788.94 90,628.01 1,06,089.54 99,928.61 2 Liabilities (i) Non-current liabilities Financial Liabilities Borrowings 1,26,218.37 1,21,071.80 Lease Liabilities 33.52 34.09 Other non-current financial liabilities 4,028.75 3,541.61 Provisions 854.24 799.28 Deferred tax liabilities (Net) 5,066.98 5,132.89 Other non-current liabilities 8,054.33 8,438.00 1,44,256,19 1,39,017,67 (ii) Current liabilities Financial liabilities Borrowings 24,988.63 26,937.21 Lease Liabilities 4.88 7.44 Trade payables (A) total outstanding dues of micro enterprises and small enterprises 127.03 107.32 (B) total outstanding dues of creditors other than micro enterprises and small enterprises 631.61 598.16 Other current financial liabilities 7,629.13 8,749.56 Other current liabilities 3,587.85 3,396.19 Provisions 1,168.60 692.74 38,137.73 40,488.62 TOTAL EQUITY AND LIABILITIES 2,88,483,46 2,79,434,90 Power Grid Corporation of India Limited (A Govt. of India Enterprise) q1ai!!Fcils POWERGRID CIN : L40101DL1989GOI038121 B•9, Qutab Institutional Area, Katwaria Sarai, New Delhi-110016 Statement of Standalone.Cash flows (~ in Crore) For the Half Year ended Particulars 30.09.2026 30.09.202S (Unaudited) (Unaudited) A CASH FLOW FROM OPERATING ACTIVITIES Profit Before Tax & Regulatory Deferral Account Balances 8,615.58 7,916.40 Add: Net movement in Regulatory Deferral Account Balances (net of tax) (12.41) 733.54 Add: Tax on Net movement in Regulatory Deferral Account Balances (6.66) 155.30 Profit Before Tax (including net movement in Regulatory Deferral Account Balances) 8,596.51 8,805.24 Adjustment for : Depreciation & amortisation expenses 5,910.96 6,025.94 Transfer from Grants in Aid (164.92) (165.53) Deferred revenue -Advance against Depreciation (42.32) (46.17) Provisions/impairment/bad debt etc 22.01 30.56 Changes in fair value of financial instruments through profit or loss (12.74) (5.93) Net Loss/(Profit) cin Disposal/ Write off of Property, Plant & Equipment (1.51) (4.27) Income from investment Property (0.41) (0.41) Deferred Foreign Currency Fl [Showing first 8,000 characters — download PDF for full document]