Below are the financial statements of POWERGRID, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2025 | 2024 |
|---|---|---|
| Income | — | — |
| Revenue from operations | 457,923.2a | 458,431a |
| Other income | 16,670.6a | 10,700.2a |
| Total income | 474,593.8a | 469,131.2a |
| Expenses | — | — |
| Employee benefits expense | -26,044a | -24,344.4a |
| Finance costs | -87,001.3a | -87,727.5a |
| Depreciation and amortisation expense | -129,041.5a | -130,952.7a |
| Other expenses | -41,225.5a | -35,057.7a |
| Total expenses | -283,312.3a | -278,082.3a |
| Profit before share of net profit/(loss) of investments in joint ventures accounted for using equity method, tax and regulatory deferral account balances | 191,281.5a | 191,048.9a |
| Share of net profit/(loss) of investments in joint ventures accounted for using equity method | -1,102.6a | -195.5a |
| Profit before tax and regulatory deferral account balances | 190,178.9a | 190,853.4a |
| Tax expense | — | — |
| Current tax - current year | -33,622.5a | -33,406.9a |
| Earlier years | -0.2a | -24.8a |
| Deferred tax | -4,104.9a | -3,974.2a |
| Profit for the period before regulatory deferral account balances | 152,451.3a | 161,445.5a |
| Net movement in regulatory deferral account balances - income/(expenses) (net of tax) | 2,763.1a | -5,713.9a |
| Profit for the period attributable to owners of the parent | 155,214.4a | 155,731.6a |
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