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Power Grid drops 2% after Q4 PAT dips marginally

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Shares of Power Grid Corporation of India fell by 1.8% to their day’s low of Rs 298.50 on the BSE on Tuesday, May 20, as the state-run power transmission company reported a marginal 0.6% decline in net profit to Rs 4,143 crore in Q4FY25, compared to Rs 4,166 crore in the corresponding quarter last year.

The revenue from operations, however, registered a 2.5% uptick to Rs 12,275 crore from Rs 11,978 crore in Q4FY24.

For the full financial year, Power Grid's profit after tax (PAT) stood at Rs 15,521 crore, representing a 0.33% drop from Rs 15,573 crore in FY24. The annual revenue also saw a slight dip, coming in at Rs 45,792 crore against Rs 45,843 crore in the previous fiscal year.

In terms of segmental performance, transmission revenue remained the largest contributor, generating Rs 11,711 crore in Q4FY25 versus Rs 11,766 crore in Q4FY24. The consultancy services segment saw a substantial rise, recording Rs 517.74 crore in Q4FY25, up from Rs 235 crore in the year-ago period.

Meanwhile, the telecom segment posted revenue of Rs 303 crore, an increase from Rs 250 crore in Q4FY24.

Additionally, the company’s board has recommended a final dividend of Rs 1.25 per equity share for FY25, payable within 30 days from the AGM declaration date. This final dividend is in addition to the 1st Interim dividend of Rs 4.50 per share paid on December 4, 2024 and a second interim dividend of Rs 3.25 per share paid on February 28, 2025.

Also read: Protean eGov Technologies shares plunge 20% after downgrade amid PAN 2.0 project withdrawal

Power Grid share price history


Over the past year, the shares of Power Grid have declined by 4.02%. Year-to-date (YTD), the decrease stands at 2.06%. Over the last 6 months, the decline is 3.48%. In the past 3 months, the price has surged by 15.56%, while the 1-month change shows a drop of 1.52%.

On Monday, the shares of Power Grid closed 1.3% higher at Rs 304.10 on the BSE.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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