Patna: The Board of Directors of Bihar Grid Company Limited (BGCL) has approved the declaration of a second interim dividend for the financial year 2025-26. The company has declared a dividend of Rs 33.74 crore out of its accumulated profit of Rs 211.45 crore.
Considering the company’s strong financial position and consistent operational performance, the Board has approved a second interim dividend of Rs 0.50 per equity share (5%) on a face value of Rs 10. The total dividend amount of Rs 33.74 crore will be distributed to shareholders in accordance with the provisions of the Companies Act, 2013 and the Companies (Declaration and Payment of Dividend) Rules, 2014. This declaration reflects the company’s commitment towards delivering value to its shareholders.
At present, the company is successfully operating 11 grid substations across the state, playing a significant role in strengthening Bihar’s power transmission system.
Hon’ble Energy Minister Shri Bijendra Prasad Yadav stated that the declaration of the second interim dividend by BGCL for FY 2025-26 is a reflection of the positive growth and financial strength of the power sector in the state. He noted that this achievement highlights the success of ongoing efforts to strengthen transmission infrastructure and reaffirmed the government’s commitment to ensuring reliable and quality power supply in Bihar. BGCL, he added, continues to play a crucial role in this direction and such performance will further strengthen the state’s energy sector in the future.
BGCL Managing Director Shri Rahul Kumar (IAS) expressed satisfaction over the company’s continued strong operational and financial performance during FY 2025–26, which has enabled it to declare the second interim dividend for its shareholders. He attributed this achievement to the dedication of the team, efficient management, and effective project execution. He further reiterated the company’s commitment to expanding and strengthening a reliable power transmission network in the state while continuing on the path of sustainable growth.
It is noteworthy that Bihar Grid Company Limited was established for the implementation and operation of transmission projects in the state. The company is a joint venture between Bihar State Power Holding Company Limited and Power Grid Corporation of India Limited. Accordingly, the dividend for the current financial year will also be distributed in a 50:50 ratio between the two shareholders.
