Power Grid Corporation of India (Power Grid) announced its quarterly results for the quarter ended December 2024 after market close on Monday. The company has also announced dividend along with the results. The company said that its consolidated profit in the third quarter of FY 2025 has come down to Rs 3,862 crore, a decline of 4.1 percent from Rs 4028 crore in the same quarter a year ago. The CNBC-TV18 poll had estimated a profit of Rs 4,020.5 crore.

The company's income has seen a 3 percent decline. Power Grid's consolidated income has come down to Rs 11,233 crore in the December quarter, which was Rs 11,550 in the same quarter a year ago. The company has recorded an EBITDA of Rs 9,537.9 crore in the December quarter, which was Rs 10,242.9 crore in the same quarter a year ago. The company's EBITDA margin has come down from 88.5 percent to 84.9 percent year-on-year. The company's board has approved an investment of Rs 370 crore in Hindalco Switchyard. Announcement of dividend The company has announced an interim dividend of Rs 3.25 per share for its investors. On Monday, Power Grid's stock closed at Rs 284.50 with a decline of 1.85 percent. In the last one year, the company's stock has seen a rise of 0.57 percent.