GAIL (India) Limited (LON: GAID)

GAIL (India) Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	1,382,177	1,332,285	1,456,683	927,698	573,719	725,177
Revenue Growth (YoY)	3.40%	-8.54%	57.02%	61.70%	-20.89%	-4.82%
Cost of Revenue	1,121,156	1,086,038	1,294,350	706,908	437,252	568,621
Gross Profit	261,021	246,247	162,333	220,791	136,467	156,556
Selling, General & Admin	23,952	23,308	18,979	18,930	17,261	16,711
Other Operating Expenses	75,265	75,622	65,445	48,676	44,858	45,608
Operating Expenses	142,155	136,045	112,384	91,825	83,795	83,124
Operating Income	118,866	110,201	49,949	128,966	52,672	73,432
Interest Expense	-14,055	-13,990	-8,094	-1,993	-1,679	-3,090
Interest & Investment Income	6,836	6,836	7,579	5,438	5,232	5,538
Earnings From Equity Investments	16,378	16,821	15,081	17,623	17,146	22,466
Currency Exchange Gain (Loss)	-3.5	-3.5	2,920	3,914	3,495	2,086
Other Non Operating Income (Expenses)	8,291	7,251	4,975	606	429.8	774.3
EBT Excluding Unusual Items	136,313	127,116	72,409	154,555	77,295	101,206
Gain (Loss) on Sale of Investments	48.3	48.3	68.1	189	90.7	3,113
Gain (Loss) on Sale of Assets	-272.7	-272.7	-213.3	-120.8	-55.1	0.9
Asset Writedown	-941.5	-941.5	299.6	12.4	-76.3	-30.7
Pretax Income	159,548	125,950	72,564	154,635	77,255	104,289
Income Tax Expense	35,232	26,922	16,605	31,599	15,826	9,143
Earnings From Continuing Operations	124,316	99,028	55,959	123,036	61,428	95,146
Net Income to Company	124,316	99,028	55,959	123,036	61,428	95,146
Minority Interest in Earnings	-48.2	-35.9	201.1	-475.6	-64.7	-925.9
Net Income	124,268	98,992	56,160	122,561	61,364	94,221
Net Income to Common	124,268	98,992	56,160	122,561	61,364	94,221
Net Income Growth	54.09%	76.27%	-54.18%	99.73%	-34.87%	43.94%
Shares Outstanding (Basic)	6,573	6,575	6,594	6,661	6,762	6,765
Shares Outstanding (Diluted)	6,573	6,575	6,594	6,661	6,762	6,765
Shares Change (YoY)	-0.06%	-0.29%	-1.00%	-1.50%	-0.04%	-
EPS (Basic)	18.91	15.06	8.52	18.40	9.07	13.93
EPS (Diluted)	18.91	15.06	8.52	18.40	9.07	13.93
EPS Growth	54.18%	76.78%	-53.72%	102.80%	-34.85%	43.97%
Free Cash Flow	-	845.5	-56,259	24,486	32,962	-9,176
Free Cash Flow Per Share	-	0.13	-8.53	3.68	4.87	-1.36
Dividend Per Share	6.500	5.500	4.000	6.667	3.333	4.267
Dividend Growth	18.18%	37.50%	-40.00%	100.00%	-21.88%	59.40%
Gross Margin	18.88%	18.48%	11.14%	23.80%	23.79%	21.59%
Operating Margin	8.60%	8.27%	3.43%	13.90%	9.18%	10.13%
Profit Margin	8.99%	7.43%	3.86%	13.21%	10.70%	12.99%
Free Cash Flow Margin	-	0.06%	-3.86%	2.64%	5.75%	-1.27%
EBITDA	151,509	138,901	73,391	150,601	72,721	92,662
EBITDA Margin	10.96%	10.43%	5.04%	16.23%	12.68%	12.78%
D&A For EBITDA	32,642	28,699	23,442	21,635	20,049	19,230
EBIT	118,866	110,201	49,949	128,966	52,672	73,432
EBIT Margin	8.60%	8.27%	3.43%	13.90%	9.18%	10.13%
Effective Tax Rate	22.08%	21.38%	22.88%	20.43%	20.49%	8.77%
Revenue as Reported	1,396,853	1,345,074	1,472,035	940,461	585,485	741,141
Advertising Expenses	-	449.8	369.8	321.2	-	-

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