The corporation's PAT in Q4 FY22 was Rs 4156 crore.

The total income on consolidated basis for Q4 FY23 rose by 13% to Rs 12,557 crore compared to Rs 11,068 crore for Q4 FY22.

Total expenditure during the quarter declined by 27.7% YoY to Rs 1,433.03 crore, primarily due to sharp drop in other expenses (down 46.3% YoY). Profit before tax in Q4 FY23 stood at Rs 5,335.30 crore, up by 31.1% from Rs 4,071.14 crore in Q4 FY22.

On consolidated basis, company posted PAT of Rs 15,417 crore and total income of Rs 46,606 crore for FY23 registering a YoY growth of 11% and 9%, respectively.

The company has proposed a final dividend of Rs 4.75 per share in addition to first & second interim dividend of Rs 10 per share already paid for the FY23. The total dividend for the year thus amounts to Rs 14.75 per share which is same as that for the previous year.

The company incurred a capital expenditure of Rs 9,212 crore and capitalized assets worth Rs 7,413 crore (excluding FERV) on consolidated basis during the financial year. The company's gross fixed assets on a consolidated basis stood at Rs 2,70,107 crore as on 31 March 2023 as against Rs 2,62,726 crore as on 31 March 2022.

In FY23, the company along with its subsidiaries added 24,900 MVA transformation capacity, 07 substations and 1,676 ckm transmission lines. POWERGRID has successfully commissioned its 04 TBCB subsidiaries i.e. POWERGRID Rampur Sambhal Transmission Limited, POWERGRID Bhind Guna Transmission Limited, POWERGRID Medinipur-Jeerat Transmission Limited and POWERGRID Bhuj Transmission Limited.

As on 31 March 2023, the total transmission assets of POWERGRID and its subsidiaries stood at 1,74,110 ckm of transmission lines, 272 sub-stations and 4,99,360 MVA of transformation capacity.

During the year, POWERGRID has acquired one intra state transmission system and eleven inter state transmission system TBCB subsidiaries with an estimated cost of approximately Rs 9,500 crore.

The company continued to maintain high average transmission system availability of over 99.80% in FY23 also. The average transmission system availability in FY23 was 99.82%. POWERGRID has been ranked in the first quadrant for both line and substation maintenance in the International Transmission Operation and Maintenance Study (ITOMS) for 2021-22. Ranking in the first quadrant is indicative of asset maintenance being carried out at low cost with high performance levels.

Power Grid Corporation of India has been established by the Government of India (GoI) as the central transmission utility of India. The firm is a 閃aharatna' company under Ministry of Power, GoI. As of 31 December 2022, the Government of India owned a 51.34% stake in the company.