LIVE: PSU Q3 Results 2026: NTPC, BoB & Power Grid Profits Soar; PGCIL Declares ₹3.25 Dividend, Record Date Feb 9

Live Coverage: Real-Time Earnings Updates,  31 Jan 2026

 

[LIVE UPDATES: 11:38 PM] 

GAIL (India) Limited: Focus on Pipeline Tariffs & Dividends

GAIL’s board meets today to approve results for the quarter ended December 31, 2025.

• Previous Result (Q2 FY26): GAIL reported a net profit (PAT) of ₹2,217 crore, which was a 17.6% sequential increase from Q1, despite an 18% year-on-year (YoY) decline. Revenue stood at ₹35,031 crore.
• Expected for Q3 FY26: Analysts expect a steady performance with revenue growth forecast around 6.2% per annum. A major positive trigger is the 12% tariff hike for its natural gas pipeline network, effective from January 1, 2026, which is expected to boost future EBITDA and PAT by 7-8%.
• Investor Tips:
  • Dividend Yield: GAIL remains attractive with a dividend yield of approximately 4.10%.
  • Record Date: If an interim dividend is declared today, the record date is fixed for February 5, 2026.
  • Buy/Hold: Most analysts maintain a positive outlook with price targets ranging from ₹215 to ₹229 due to strong free cash flow.

[LIVE UPDATES: 11:10 PM] –

Bharat Dynamics Limited (BDL): Defence Execution in Focus

The defence PSU is set to report its performance amid a massive surge in the domestic manufacturing sector.

• Previous Result (Q2 FY26): BDL delivered an exceptional performance with net profit soaring 76.2% YoY to ₹215.88 crore. Revenue for the same period more than doubled to ₹1,147.03 crore.
• Expected for Q3 FY26: While quarterly numbers can be "lumpy" due to contract execution cycles, analysts look for continued double-digit revenue expansion. Market sentiment remains high following the company's 89.4% jump in EBITDA during the previous quarter.
• Investor Tips:
  • Execution Risk: Closely monitor management commentary on the order book and delivery timelines for missile systems.
  • Dividend Potential: The board is considering an interim dividend today for the first time in FY26.
  • Strategy: Hold for long-term gains as defence indigenisation continues to provide a strong tailwind.

                                                                    30 Jan 2026

[LATEST UPDATE: 10:00 PM] – Power Grid (PGCIL) Q3: Net Profit Jumps to ₹4,160 Cr; ₹3.25 Dividend Announced Power Grid Corporation of India Ltd (PGCIL) has reported strong numbers for the third quarter. The board has also greenlit a massive borrowing plan for future expansion.

• Net Profit (PAT): ₹4,160.17 Crore (Up 6.8% YoY).

• Revenue: ₹11,005.28 Crore.

• Second Interim Dividend: ₹3.25 per share (32.5% of face value).

• Key Dates: Record date is Feb 09, 2026; Payment on Feb 27, 2026.

• Strategic Move: The board approved selling stakes in three joint ventures (Torrent Power Grid, Sikkim Power Transmission, and Parbati Koldam).

[LIVE UPDATES: 5:25 PM] – Bank of Baroda Q3 Results: Asset Quality Shines Bank of Baroda (BoB) has released its results for Q3 FY26. The bank's balance sheet appears much "cleaner" than before.

Key Financial Highlights:

• Net Profit: ₹5,055 Crore (Up 4.5% YoY).

• Asset Quality (Big Win): * Gross NPA: Has dropped to 2.04% (previously 2.43%).

  • Net NPA: Now stands at just 0.57%.

• Income: Net Interest Income (NII) remains stable at ₹11,800 Crore.

• Operating Profit: ₹7,377 Crore.

[LIVE UPDATES: 5:20 PM] – Power Grid Board Meeting Update Power Grid Corporation's board meeting has just concluded.

Interim Dividend: The Board has approved a dividend of ₹X.XX (Update pending from exchange filing).

Record Date: February 09, 2026, has been fixed as the record date for the dividend.

[LIVE UPDATES: 4:50 PM] – NTPC Q3 Results: Profit Beats Estimates; 2nd Interim Dividend Declared India's largest power producer, NTPC Limited, presented its financial results today. The company has not only earned a profit but has also filled the pockets of its shareholders.

Key Financial Performance (Standalone):

• Net Profit: ₹4,986.94 Crore (Up 5.85% YoY from ₹4,711 Cr).

• Revenue: ₹40,643.79 Crore for the quarter.

• EPS (Earnings Per Share): ₹5.14.

• 9-Month Profit (Apr-Dec 2025): Solid ₹14,414.95 Crore.

Dividend Double Delight:

NTPC has declared a Second Interim Dividend of ₹2.75 per share.

• Record Date: February 06, 2026.

• Payment Date: February 25, 2026.

• Total Dividend so far: Including the previous dividend of ₹2.75, the total stands at ₹5.50 per share so far.

Segment Watch: Power Generation Leads

NTPC's core business (Generation) remained the strongest, contributing ₹39,919.05 Crore to the revenue. Additionally, the company has accelerated the process of transferring its coal mining business to NTPC Mining Ltd (NML), with 3 mines transferred this quarter.

[LIVE UPDATES: 16:35 PM] – NALCO Q3 Presentation & Earnings Call

National Aluminium Company (NALCO) ne apni investor presentation release kar di hai. Aaj shaam 5:00 PM par management ki Earnings Call hai.

• Financial Performance: Q3 PAT ₹1,601 Cr raha (1% YoY growth). Revenue ₹4,731 Cr par stable hai.

• Operational Excellence: Bauxite aur Alumina production mein "Highest Ever" levels touch kiye hain.

• Dividend Alert: Board ne ₹4.50 per share ka interim dividend approve kiya hai.

• Future Plans: 5th Stream Alumina Refinery (June 2026) aur Pottangi Bauxite Mines (May 2026) expansion track par hain.

[LIVE UPDATES: 16:30 PM] – HPCL to Host Major Investor Meet in Mumbai

Hindustan Petroleum Corporation Limited (HPCL) has informed the exchanges about a high-level interaction scheduled for early next week.

• Date: Wednesday, February 04, 2026.

• Time: 4:00 PM onwards.

• Co-ordination: PL Capital Group (Prabhudas Lilladher).

• Agenda: Senior Management will interact with Analysts and Investors at the Corporate Office in Mumbai.

• Note: The company clarified that no unpublished price sensitive information (UPSI) will be shared. However, investors will be looking for cues on refining margins and future Capex plans.

[LIVE UPDATES: 15:45 PM] – SCILAL Reschedules Board Meeting

Shipping Corporation of India Land and Assets Limited (SCILAL) has issued a revised intimation regarding its Q3 results board meeting.

• New Meeting Date: Wednesday, February 04, 2026 (Rescheduled from Feb 03).

• Reason: Unavoidable circumstances.

• Agenda: Approval of Unaudited Financial Results for the quarter and nine months ended Dec 31, 2025.

• Trading Window: Will remain closed until 48 hours after the declaration of results.

[LIVE UPDATES: 15:20 PM] – ONGC Schedules Q3 Results & Dividend Meet

Oil and Natural Gas Corporation (ONGC) has officially notified the exchanges about its upcoming board meeting to discuss the financial health and rewards for the quarter.

• Board Meeting Date: Thursday, February 12, 2026.

• Agenda: Approval of Unaudited Financial Results (Standalone & Consolidated) for Q3 FY26 and consideration of a 2nd Interim Dividend.

• Trading Window: Remains closed for insiders until February 14, 2026.

• Previous Q3 Performance: In FY25, ONGC reported a consolidated net profit of ₹10,748 Crore. Investors are expecting strong numbers this time due to steady crude realizations.

[LIVE UPDATES: 15:10 PM] – NALCO Q3 Results: Profit Growth & Strong Dividend

National Aluminium Company Limited (NALCO) has just reported its Q3 FY26 results, showcasing operational resilience and a massive reward for shareholders.

• Net Profit: ₹1,601.02 Crore (Up 1.14% YoY).

• Revenue from Operations: ₹4,730.95 Crore (Up 1.47% YoY).

• Second Interim Dividend: The Board approved a ₹4.50 per share (90%) dividend.

• Total Dividend Payout: Approximately ₹826.48 Crore.

• Record Date: February 6, 2026.

• Segment Highlight: The Aluminium segment led the way with a revenue of ₹3,461.50 Crore.

Read in detail: https://www.psuconnect.in/financial/nalco-q3-fy26-net-profit-rises-1-yoy-to-1601-cr-declares

[LIVE UPDATES: 15:01 PM] – SJVN Announces Board Meeting Date

SJVN Limited, a Navratna CPSE, has officially informed the exchanges about its upcoming board meeting to discuss the December quarter results.

• Meeting Date: Wednesday, February 11, 2026.

• Key Agenda: Approval of Q3 FY26 Financial Results and consideration of an Interim Dividend for FY 2025-26.

• Trading Window: Will remain closed for insiders until February 13, 2026.

• Previous Performance: In Q3 FY25, SJVN reported a profit of ₹154.74 Crore on a revenue of ₹671 Crore. Investors will watch if the recent commissioning of the 1,000 MW Bikaner Solar project boosts this year's numbers.

[LIVE UPDATES: 15:00 PM] – MOIL Limited Q3 Results Announced

MOIL Limited has released its unaudited financial results for the quarter ended December 31, 2025. While production volumes hit record highs, the company faced pricing pressures affecting the bottom line.

• Net Profit: Reported at ₹52.92 Crore (Down 16.9% YoY from ₹63.68 Cr).

• Revenue: Stood at ₹359.91 Crore.

• Interim Dividend: The Board has approved a 2nd Interim Dividend of ₹3.53 per share.

• Record Date: February 05, 2026.

• Market Reaction: MOIL shares saw a sharp intraday dip of over 4% following the earnings miss.

[14:45 PM] – Power Sector Giants in Focus Markets are anticipating a strong performance from NTPC and Power Grid. While NTPC is expected to report a steady 6-8% growth in PAT, investors are more excited about Power Grid’s potential interim dividend announcement which usually coincides with Q3 results.

[14:15 PM] – Banking Sector Outlook: Bank of Baroda Banking analysts expect Bank of Baroda to maintain its healthy ROA (Return on Assets). Loan growth is projected to remain robust at 13-15% YoY, though Net Interest Margins (NIMs) might see a slight compression.

[14:30 PM] – Metal Stocks: SAIL & NALCO Preview The metal duo—SAIL and NALCO—is tracking global commodity trends. NALCO is likely to outperform its previous year's figures due to better realization prices in the Aluminum segment, while SAIL's focus remains on debt reduction and operational efficiency.

Key Comparisons: Q3 FY25 vs Q3 FY26 (Expected)

This table gives you a snapshot of what to expect versus what these companies reported on this day last year:

What Investors Should Watch Today:

1. Dividend Declarations: Power Grid and NALCO are the favorites for dividend seekers today.

2. Asset Quality (BoB): Any surprise in slippages for Bank of Baroda could move the PSU Bank Index.

3. Capacity Expansion: Management commentary from NTPC regarding their Green Energy subsidiary will be crucial for long-term investors.

4. Steel Margins: For SAIL, the focus is on whether the company can maintain profitability despite fluctuating coking coal prices.