NLC India Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020	2019 - 2015
Operating Revenue	130,586	129,990	161,652	119,479	98,461	103,206	Upgrade
Revenue	130,586	129,990	161,652	119,479	98,461	103,206	Upgrade
Revenue Growth (YoY)	-16.39%	-19.59%	35.30%	21.35%	-4.60%	4.56%	Upgrade
Fuel & Purchased Power	17,234	17,440	22,001	11,766	15,633	15,336	Upgrade
Selling, General & Admin	-	-	-	-	15.3	17.1	Upgrade
Depreciation & Amortization	17,967	18,249	18,008	19,087	16,114	13,342	Upgrade
Other Operating Expenses	68,119	67,721	72,997	59,891	36,401	41,326	Upgrade
Total Operating Expenses	103,320	103,410	113,005	90,744	68,163	70,021	Upgrade
Operating Income	27,266	26,581	48,647	28,736	30,298	33,185	Upgrade
Interest Expense	-8,079	-8,493	-8,973	-9,783	-13,070	-11,688	Upgrade
Interest Income	-	-	4,863	1,169	1,134	973.7	Upgrade
Net Interest Expense	-8,079	-8,493	-4,110	-8,614	-11,935	-10,715	Upgrade
Income (Loss) on Equity Investments	2.8	2.5	9.7	5.2	0.7	8.2	Upgrade
Currency Exchange Gain (Loss)	-	-	2	9.7	119.5	-29.5	Upgrade
Other Non-Operating Income (Expenses)	11,710	10,729	-23,779	2,420	4,017	1,048	Upgrade
EBT Excluding Unusual Items	30,900	28,819	20,770	22,557	22,500	23,497	Upgrade
Restructuring Charges	-	-	-1.1	-1.4	-1.4	-34.4	Upgrade
Gain (Loss) on Sale of Assets	-	-	71.8	22.8	28.9	-	Upgrade
Asset Writedown	-	-	-151.1	-441.8	-89	-3.2	Upgrade
Insurance Settlements	-	-	-	-	500	-	Upgrade
Other Unusual Items	-	-	-122.1	3,900	-706.8	-	Upgrade
Pretax Income	30,900	28,819	20,568	26,037	22,231	23,459	Upgrade
Income Tax Expense	10,694	10,143	6,307	14,880	9,090	8,930	Upgrade
Earnings From Continuing Ops.	20,207	18,676	14,261	11,157	13,141	14,530	Upgrade
Net Income to Company	20,207	18,676	14,261	11,157	13,141	14,530	Upgrade
Minority Interest in Earnings	-118.9	-134.8	-304.2	-230.8	-322.3	-116.1	Upgrade
Net Income	20,088	18,541	13,957	10,926	12,819	14,414	Upgrade
Net Income to Common	20,088	18,541	13,957	10,926	12,819	14,414	Upgrade
Net Income Growth	62.19%	32.84%	27.74%	-14.77%	-11.07%	-4.40%	Upgrade
Shares Outstanding (Basic)	1,379	1,376	1,387	1,387	1,387	1,387	Upgrade
Shares Outstanding (Diluted)	1,379	1,376	1,387	1,387	1,387	1,387	Upgrade
Shares Change (YoY)	1.79%	-0.73%	-	-	-	-6.53%	Upgrade
EPS (Basic)	14.57	13.47	10.07	7.88	9.24	10.39	Upgrade
EPS (Diluted)	14.57	13.47	10.07	7.88	9.24	10.39	Upgrade
EPS Growth	59.33%	33.83%	27.74%	-14.77%	-11.07%	2.28%	Upgrade
Free Cash Flow	-	23,643	11,580	68,291	20,678	-42,480	Upgrade
Free Cash Flow Per Share	-	17.18	8.35	49.25	14.91	-30.64	Upgrade
Dividend Per Share	-	3.000	3.500	3.000	2.500	7.060	Upgrade
Dividend Growth	-	-14.29%	16.67%	20.00%	-64.59%	55.85%	Upgrade
Profit Margin	15.38%	14.26%	8.63%	9.14%	13.02%	13.97%	Upgrade
Free Cash Flow Margin	-	18.19%	7.16%	57.16%	21.00%	-41.16%	Upgrade
EBITDA	45,601	44,830	66,552	47,776	46,384	46,479	Upgrade
EBITDA Margin	34.92%	34.49%	41.17%	39.99%	47.11%	45.03%	Upgrade
D&A For EBITDA	18,335	18,249	17,904	19,040	16,086	13,294	Upgrade
EBIT	27,266	26,581	48,647	28,736	30,298	33,185	Upgrade
EBIT Margin	20.88%	20.45%	30.09%	24.05%	30.77%	32.15%	Upgrade
Effective Tax Rate	34.61%	35.20%	30.66%	57.15%	40.89%	38.06%	Upgrade
Revenue as Reported	141,586	139,464	173,832	125,460	117,984	115,927	Upgrade

Source: S&P Capital IQ. Utility template. Financial Sources.