GAIL (India) Limited (NSE: GAIL)

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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	1,351,776	1,332,285	1,456,683	927,698	573,719	725,177
Revenue Growth (YoY)	-3.83%	-8.54%	57.02%	61.70%	-20.89%	-4.82%
Cost of Revenue	1,080,618	1,086,038	1,294,350	706,908	437,252	568,621
Gross Profit	271,158	246,247	162,333	220,791	136,467	156,556
Selling, General & Admin	23,221	23,308	18,979	18,930	17,261	16,711
Other Operating Expenses	83,676	75,622	65,445	48,676	44,858	45,608
Operating Expenses	147,922	136,045	112,384	91,825	83,795	83,124
Operating Income	123,236	110,201	49,949	128,966	52,672	73,432
Interest Expense	-7,429	-13,990	-8,094	-1,993	-1,679	-3,090
Interest & Investment Income	-	6,836	7,579	5,438	5,232	5,538
Earnings From Equity Investments	17,693	16,821	15,081	17,623	17,146	22,466
Currency Exchange Gain (Loss)	-	-3.5	2,920	3,914	3,495	2,086
Other Non Operating Income (Expenses)	10,764	7,251	4,975	606	429.8	774.3
EBT Excluding Unusual Items	144,263	127,116	72,409	154,555	77,295	101,206
Gain (Loss) on Sale of Investments	-	48.3	68.1	189	90.7	3,113
Gain (Loss) on Sale of Assets	-	-272.7	-213.3	-120.8	-55.1	0.9
Asset Writedown	-	-941.5	299.6	12.4	-76.3	-30.7
Pretax Income	144,263	125,950	72,564	154,635	77,255	104,289
Income Tax Expense	31,332	26,922	16,605	31,599	15,826	9,143
Earnings From Continuing Operations	112,932	99,028	55,959	123,036	61,428	95,146
Net Income to Company	112,932	99,028	55,959	123,036	61,428	95,146
Minority Interest in Earnings	-28.7	-35.9	201.1	-475.6	-64.7	-925.9
Net Income	112,903	98,992	56,160	122,561	61,364	94,221
Net Income to Common	112,903	98,992	56,160	122,561	61,364	94,221
Net Income Growth	171.73%	76.27%	-54.18%	99.73%	-34.87%	43.94%
Shares Outstanding (Basic)	6,576	6,575	6,594	6,661	6,762	6,765
Shares Outstanding (Diluted)	6,576	6,575	6,594	6,661	6,762	6,765
Shares Change (YoY)	0.07%	-0.29%	-1.00%	-1.50%	-0.04%	-
EPS (Basic)	17.17	15.06	8.52	18.40	9.07	13.93
EPS (Diluted)	17.17	15.06	8.52	18.40	9.07	13.93
EPS Growth	171.55%	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	-	5.500	4.000	6.667	3.333	4.267
Dividend Growth	-	37.50%	-40.00%	100.00%	-21.88%	59.40%
Gross Margin	20.06%	18.48%	11.14%	23.80%	23.79%	21.59%
Operating Margin	9.12%	8.27%	3.43%	13.90%	9.18%	10.13%
Profit Margin	8.35%	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	163,275	138,901	73,391	150,601	72,721	92,662
EBITDA Margin	12.08%	10.43%	5.04%	16.23%	12.68%	12.78%
D&A For EBITDA	40,039	28,699	23,442	21,635	20,049	19,230
EBIT	123,236	110,201	49,949	128,966	52,672	73,432
EBIT Margin	9.12%	8.27%	3.43%	13.90%	9.18%	10.13%
Effective Tax Rate	21.72%	21.38%	22.88%	20.43%	20.49%	8.77%
Revenue as Reported	1,365,490	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.