Huhtamaki India Limited (NSE:HUHTAMAKI)

Avangrid Income Statement

Financials in millions INR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	24,915	25,212	25,494	29,829	26,253	24,627
Other Revenue	22.4	-	-	-	-	-
Revenue	24,938	25,212	25,494	29,829	26,253	24,627
Revenue Growth (YoY)	-0.88%	-1.11%	-14.53%	13.62%	6.60%	-5.24%
Cost of Revenue	17,397	17,833	17,759	22,331	19,186	16,534
Gross Profit	7,541	7,379	7,735	7,498	7,067	8,093
Selling, General & Admin	2,674	2,559	2,584	2,569	2,613	2,791
Other Operating Expenses	3,428	3,464	3,150	3,353	3,372	2,906
Operating Expenses	6,806	6,684	6,286	6,792	6,907	6,682
Operating Income	735.6	695.5	1,450	705.9	160.3	1,411
Interest Expense	-134.9	-171.7	-295.1	-315.7	-259.9	-256.4
Interest & Investment Income	153.4	153.4	38.4	4.5	17.1	10
Currency Exchange Gain (Loss)	22.5	22.5	43.8	9.8	29.9	-28.5
Other Non Operating Income (Expenses)	73.9	43.3	27	23.1	13.6	12.7
EBT Excluding Unusual Items	850.5	743	1,264	427.6	-39	1,149
Merger & Restructuring Charges	30.6	30.6	-391.6	-	-309.8	-
Gain (Loss) on Sale of Investments	59.2	59.2	7.3	0.4	6.7	13.2
Gain (Loss) on Sale of Assets	5.1	5.1	13.8	43.6	21.4	16.7
Asset Writedown	-0.6	-0.6	-4	-3.2	-	-3.6
Other Unusual Items	8.6	293.9	4,108	79.2	3.9	-
Pretax Income	990.6	1,168	5,000	559.3	-315.7	1,176
Income Tax Expense	245.7	288.7	904.1	62.9	-88.8	216
Earnings From Continuing Operations	744.9	879.7	4,096	496.4	-226.9	959.9
Net Income to Company	744.9	879.7	4,096	496.4	-226.9	959.9
Net Income	744.9	879.7	4,096	496.4	-226.9	959.9
Net Income to Common	744.9	879.7	4,096	496.4	-226.9	959.9
Net Income Growth	-82.44%	-78.53%	725.20%	-	-	-43.55%
Shares Outstanding (Basic)	76	76	76	76	76	76
Shares Outstanding (Diluted)	76	76	76	76	76	76
Shares Change (YoY)	0.07%	-	-	-	-	-
EPS (Basic)	9.86	11.65	54.24	6.57	-3.00	12.71
EPS (Diluted)	9.86	11.65	54.24	6.57	-3.00	12.71
EPS Growth	-82.45%	-78.53%	725.20%	-	-	-43.55%
Free Cash Flow	734	759.4	1,787	361.6	-1,068	1,205
Free Cash Flow Per Share	9.71	10.05	23.66	4.79	-14.14	15.95
Dividend Per Share	-	2.000	5.000	2.000	1.000	3.000
Dividend Growth	-	-60.00%	150.00%	100.00%	-66.67%	-
Gross Margin	30.24%	29.27%	30.34%	25.14%	26.92%	32.86%
Operating Margin	2.95%	2.76%	5.69%	2.37%	0.61%	5.73%
Profit Margin	2.99%	3.49%	16.07%	1.66%	-0.86%	3.90%
Free Cash Flow Margin	2.94%	3.01%	7.01%	1.21%	-4.07%	4.89%
EBITDA	1,173	1,090	1,873	1,476	982.6	2,316
EBITDA Margin	4.70%	4.32%	7.35%	4.95%	3.74%	9.40%
D&A For EBITDA	437.2	394.2	423.8	769.7	822.3	904.7
EBIT	735.6	695.5	1,450	705.9	160.3	1,411
EBIT Margin	2.95%	2.76%	5.69%	2.37%	0.61%	5.73%
Effective Tax Rate	24.80%	24.71%	18.08%	11.25%	-	18.37%
Revenue as Reported	25,305	25,548	25,649	30,002	26,347	24,707

Source: S&P Global Market Intelligence. Standard template. Financial Sources.