NLC India Limited (NSE:NLCINDIA)

NLC India Income Statement

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Revenue	174,895	152,830	130,013	161,652	119,479
Other Revenue	9,774	-	-	1,373	-
Revenue	184,669	152,830	130,013	163,025	119,479
Revenue Growth (YoY)	20.83%	17.55%	-20.25%	36.45%	21.35%
Fuel & Purchased Power	34,172	22,619	17,440	22,001	11,766
Depreciation & Amortization	23,786	18,843	18,249	18,008	19,087
Other Operating Expenses	84,839	78,111	75,565	76,164	59,891
Total Operating Expenses	142,797	119,572	111,254	116,172	90,744
Operating Income	41,872	33,257	18,760	46,853	28,736
Interest Expense	-12,216	-9,271	-8,443	-8,973	-9,783
Interest Income	-	8,555	5,829	4,863	1,169
Net Interest Expense	-12,216	-716.2	-2,614	-4,110	-8,614
Income (Loss) on Equity Investments	2.8	2.4	2.5	9.7	5.2
Currency Exchange Gain (Loss)	-	7.5	-12.6	2	9.7
Other Non-Operating Income (Expenses)	9,095	4,179	12,839	-21,985	2,420
EBT Excluding Unusual Items	38,754	36,730	28,975	20,770	22,557
Restructuring Charges	-	-	-	-1.1	-1.4
Gain (Loss) on Sale of Assets	-	330.9	-92.6	71.8	22.8
Asset Writedown	-	-89.5	-63.6	-151.1	-441.8
Other Unusual Items	-	-	-	-122.1	3,900
Pretax Income	38,754	36,972	28,819	20,568	26,037
Income Tax Expense	1,059	9,836	10,143	6,307	14,880
Earnings From Continuing Ops.	37,695	27,136	18,676	14,261	11,157
Minority Interest in Earnings	-2,473	-922.5	-134.9	-304.2	-230.8
Net Income	35,222	26,214	18,541	13,957	10,926
Net Income to Common	35,222	26,214	18,541	13,957	10,926
Net Income Growth	34.37%	41.38%	32.84%	27.74%	-14.77%
Shares Outstanding (Basic)	1,387	1,387	1,387	1,387	1,387
Shares Outstanding (Diluted)	1,387	1,387	1,387	1,387	1,387
Shares Change (YoY)	0.00%	-	-	-	-
EPS (Basic)	25.40	18.90	13.37	10.07	7.88
EPS (Diluted)	25.40	18.90	13.37	10.07	7.88
EPS Growth	34.36%	41.38%	32.84%	27.74%	-14.77%
Free Cash Flow	-27,789	16,369	23,443	15,680	68,291
Free Cash Flow Per Share	-20.04	11.80	16.91	11.31	49.25
Dividend Per Share	-	3.000	3.000	3.500	3.000
Dividend Growth	-	-	-14.29%	16.67%	20.00%
Profit Margin	19.07%	17.15%	14.26%	8.56%	9.14%
Free Cash Flow Margin	-15.05%	10.71%	18.03%	9.62%	57.16%
EBITDA	65,658	52,002	36,961	64,822	47,776
EBITDA Margin	35.55%	34.03%	28.43%	39.76%	39.99%
D&A For EBITDA	23,786	18,745	18,201	17,969	19,040
EBIT	41,872	33,257	18,760	46,853	28,736
EBIT Margin	22.67%	21.76%	14.43%	28.74%	24.05%
Effective Tax Rate	2.73%	26.60%	35.20%	30.66%	57.15%
Revenue as Reported	184,669	168,895	139,485	173,832	125,460

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