Adani Green Energy Limited (BOM:541450)

Adani Green Energy Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	112,120	92,200	77,760	51,330	31,240
Other Revenue	1,390	240	150	100	50
Revenue	113,510	92,440	77,910	51,430	31,290
Revenue Growth (YoY)	22.79%	18.65%	51.49%	64.37%	22.71%
Operations & Maintenance	2,800	2,560	2,010	1,390	890
Selling, General & Admin	240	170	50	70	30
Depreciation & Amortization	24,980	19,030	13,000	8,490	4,860
Other Operating Expenses	20,030	16,030	20,400	14,720	7,840
Total Operating Expenses	48,050	37,790	35,460	24,670	13,620
Operating Income	65,460	54,650	42,450	26,760	17,670
Interest Expense	-56,280	-44,660	-32,940	-23,750	-15,320
Interest Income	7,930	9,170	6,070	3,670	3,730
Net Interest Expense	-48,350	-35,490	-26,870	-20,080	-11,590
Income (Loss) on Equity Investments	4,440	2,890	590	10	60
Currency Exchange Gain (Loss)	110	610	-5,590	290	2,340
Other Non-Operating Income (Expenses)	1,740	-5,120	5,150	-2,360	-5,750
EBT Excluding Unusual Items	23,400	17,540	15,730	4,620	2,730
Total Merger & Restructuring Charges	-	-	-	-420	-
Gain (Loss) on Sale of Investments	1,530	870	350	120	50
Gain (Loss) on Sale of Assets	-120	-210	-390	-20	-60
Asset Writedown	-	-	-	-	-60
Other Unusual Items	-2,660	-1,490	-1,430	1,230	-730
Pretax Income	22,150	16,710	14,260	5,530	1,930
Income Tax Expense	2,140	4,110	4,530	640	110
Earnings From Continuing Ops.	20,010	12,600	9,730	4,890	1,820
Minority Interest in Earnings	-5,570	-1,600	10	-	280
Net Income	14,440	11,000	9,740	4,890	2,100
Preferred Dividends & Other Adjustments	1,170	1,170	1,170	1,100	1,030
Net Income to Common	13,270	9,830	8,570	3,790	1,070
Net Income Growth	31.27%	12.94%	99.18%	132.86%	-
Shares Outstanding (Basic)	1,584	1,584	1,582	1,564	1,564
Shares Outstanding (Diluted)	1,584	1,586	1,582	1,564	1,564
Shares Change (YoY)	-0.11%	0.25%	1.14%	-	-
EPS (Basic)	8.38	6.21	5.42	2.42	0.68
EPS (Diluted)	8.37	6.20	5.41	2.42	0.68
EPS Growth	35.00%	14.60%	123.25%	254.21%	-
Free Cash Flow	-164,120	-80,600	38,890	-117,320	-45,420
Free Cash Flow Per Share	-103.61	-50.83	24.59	-75.01	-29.04
Profit Margin	11.69%	10.63%	11.00%	7.37%	3.42%
Free Cash Flow Margin	-144.59%	-87.19%	49.92%	-228.12%	-145.16%
EBITDA	89,560	72,750	54,360	34,940	22,440
EBITDA Margin	78.90%	78.70%	69.77%	67.94%	71.72%
D&A For EBITDA	24,100	18,100	11,910	8,180	4,770
EBIT	65,460	54,650	42,450	26,760	17,670
EBIT Margin	57.67%	59.12%	54.49%	52.03%	56.47%
Effective Tax Rate	9.66%	24.60%	31.77%	11.57%	5.70%
Revenue as Reported	124,220	105,210	86,170	55,770	35,990

Updated Jan 23, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.