v3.24.1.1.u2
Financial risk management - Capital risk management (Details)
£ in Billions, $ in Billions
12 Months Ended
Mar. 31, 2024
GBP (£)
Mar. 31, 2023
Mar. 31, 2024
USD ($)
Disclosure of credit risk exposure [line items]      
Retained cash flow ratio 9.20% 9.30%  
Gearing ratio 69.00% 71.00%  
Interest cover ratio 3.9 3.8  
Debt covenants, borrowings excluding cash and short term investments £ 55    
Debt covenants, borrowings excluding cash and short term investments, headroom 10    
Non-US Subsidiaries      
Disclosure of credit risk exposure [line items]      
Debt covenants, total debt 35    
US Subsidiaries      
Disclosure of credit risk exposure [line items]      
Debt covenants, total debt | $     $ 35
US And Non-US subsidiaries      
Disclosure of credit risk exposure [line items]      
Debt covenants, total debt, headroom £ 10    
National Grid Electricity Distribution      
Disclosure of credit risk exposure [line items]      
Net debt to RAV gearing covenants 0.85   0.85
Debt covenants, impacted companies 20.00%   20.00%
National Grid Electricity Distribution | Minimum      
Disclosure of credit risk exposure [line items]      
Net debt to RAV gearing covenants 0.85   0.85