PowerGrid posted a net profit of Rs 7,520 crore over a turnover of Rs 26,581 crore for FY 2016-17, registering a growth of about 25 per cent in turnover and 26 per cent in net profit as compared to FY 2015-16, on a standalone basis. The company surpassed Rs 25,000 crore turnover and Rs 7,500 crore Profit After Tax for the first time.

For the fourth quarter of FY2016-17, the company has posted a net profit of Rs 1,916 crore as against a net profit of Rs 1,569 crore, registering an increase of 22 per cent with respect to corresponding period of FY 2015-16. The company has proposed a final dividend of 33.5 per cent in addition to interim dividend of 10.0% (already paid) for the financial year 2016-17.