Powergrid Infrastructure Investment Trust (NSE: PGINVIT)

PGINVIT Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2020	FY 2019
Period Ending	Mar 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2020	Mar 31, 2019
Operating Revenue	12,653	12,653	12,858	12,173	13,243	9,772
Other Revenue	1.53	1.53	76.54	105.74	96.93	54.09
Revenue	12,655	12,655	12,934	12,279	13,340	9,826
Revenue Growth (YoY)	-6.92%	-2.16%	5.34%	-7.95%	35.77%	188.91%
Operations & Maintenance	312.16	312.16	300.05	272.55	-	-
Selling, General & Admin	147.91	147.91	139.41	151.41	-	0.07
Depreciation & Amortization	3,154	3,154	3,148	2,698	3,794	2,750
Other Operating Expenses	533.17	533.17	449.77	356.64	380.8	326.26
Total Operating Expenses	4,147	4,147	4,037	3,478	4,175	3,076
Operating Income	8,508	8,508	8,897	8,801	9,165	6,750
Interest Expense	-468.22	-468.22	-413.83	-0.91	-4,289	-4,454
Interest Income	354.49	354.49	167.13	142.67	1.13	15.55
Net Interest Expense	-113.73	-113.73	-246.7	141.76	-4,288	-4,439
Currency Exchange Gain (Loss)	-	-	-	-	-0.83	-3.43
Other Non-Operating Income (Expenses)	16.86	16.86	50.89	12.31	-1.35	1,173
EBT Excluding Unusual Items	8,411	8,411	8,701	8,955	4,874	3,480
Impairment of Goodwill	2,541	2,541	-15,098	-3,679	-	-
Other Unusual Items	0.47	0.47	-	0.01	-	-
Pretax Income	10,953	10,953	-6,397	5,276	4,874	3,480
Income Tax Expense	1,135	1,135	-1,933	642.56	1,086	999.73
Earnings From Continuing Ops.	9,817	9,817	-4,464	4,633	3,788	2,481
Minority Interest in Earnings	-549.83	-549.83	2,513	435.28	-	-
Net Income	9,267	9,267	-1,951	5,068	3,788	2,481
Net Income to Common	9,267	9,267	-1,951	5,068	3,788	2,481
Net Income Growth	-	-	-	33.79%	52.71%	117.34%
Shares Outstanding (Basic)	910	910	910	816	1,201	-
Shares Outstanding (Diluted)	910	910	910	816	1,201	-
Shares Change (YoY)	0.03%	-	11.53%	-32.05%	-	-
EPS (Basic)	10.18	10.18	-2.14	6.21	3.16	-
EPS (Diluted)	10.18	10.18	-2.14	6.21	3.16	-
EPS Growth	-	-	-	96.83%	-	-
Free Cash Flow	12,060	12,060	11,633	11,595	9,448	-3,003
Free Cash Flow Per Share	13.25	13.25	12.78	14.21	7.87	-
Dividend Per Share	12.000	12.000	12.000	10.500	-	-
Dividend Growth	0%	0%	14.29%	-	-	-
Profit Margin	73.23%	73.23%	-15.09%	41.28%	28.40%	25.25%
Free Cash Flow Margin	95.30%	95.30%	89.94%	94.43%	70.83%	-30.56%
EBITDA	11,662	11,662	12,045	11,499	12,959	9,499
EBITDA Margin	92.15%	92.15%	93.13%	93.64%	97.15%	96.68%
D&A For EBITDA	3,154	3,154	3,148	2,698	3,794	2,750
EBIT	8,508	8,508	8,897	8,801	9,165	6,750
EBIT Margin	67.23%	67.23%	68.79%	71.67%	68.70%	68.69%
Effective Tax Rate	10.37%	10.37%	-	12.18%	22.28%	28.72%
Revenue as Reported	13,027	13,027	13,153	12,434	13,341	9,841

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