Power Grid Corporation of India Limited — Investor Meet, 09-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

**POWERGRID's Q3 FY26 Update:** Total income jumped 7% YoY to ₹12,436 Cr, with PAT also up 7% to ₹4,160 Cr. Nine-month PAT reached ₹11,382 Cr. Gross fixed assets now exceed ₹300,000 Cr, with trade receivables at a low of 24.65 days.

Management raised FY26 CapEx guidance to ₹32,000 Cr, targeting ₹37,000 Cr for FY27 and ₹45,000 Cr for FY28. Capitalization targets are also higher. Current works in hand total ₹195,000 Cr, significantly driven by green energy projects.

Project execution is accelerating due to improved Right of Way resolution and strategic initiatives. The company is actively pursuing Battery Energy Storage opportunities and expanding global partnerships. Outlook is confident on sustained growth.