Power Grid Corporation — Q2 FY26
PowerGrid reported H1 FY26 total income of INR 23,115 crore, EBITDA of INR 19,109 crore, and PAT of INR 7,197 crore.
neutral
medium
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
Q1 FY26
FY26 Capex target of INR 28,000 crore
Management reiterated the full-year capex plan of INR 28,000 crore, with Q1 already achieving INR 6,981 crore.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q1 FY26
FY26 capitalization target of INR 22,000 crore
The company expects to commission projects worth INR 22,000 crore in FY26, with quarterly targets of INR 3,000 cr (Q2), INR 7,000 cr (Q3), and INR 8,000 cr (Q4).
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1
Q1 FY26
50% electricity consumption from renewables by December 2025
PowerGrid targets to source half of its electricity needs from renewable sources by end of 2025.
Missed
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1