Power Grid Corporation of India Limited (NSE:POWERGRID)

NSE:POWERGRID Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	461,806	457,923	458,431	456,031	416,216	396,398
Revenue Growth (YoY)	0.80%	-0.11%	0.53%	9.57%	5.00%	5.02%
Operations & Maintenance	10,328	10,328	9,276	8,203	8,295	7,618
Selling, General & Admin	2,496	2,496	2,005	1,946	1,725	1,485
Depreciation & Amortization	127,653	129,042	130,953	133,334	128,717	120,392
Other Operating Expenses	63,043	48,727	44,737	43,901	36,239	28,918
Total Operating Expenses	203,520	190,593	186,971	187,383	174,975	158,413
Operating Income	258,286	267,330	271,460	268,649	241,241	237,985
Interest Expense	-78,840	-82,817	-83,389	-92,231	-76,147	-76,830
Interest Income	8,653	8,653	6,547	5,415	5,409	2,784
Net Interest Expense	-70,187	-74,164	-76,842	-86,816	-70,739	-74,046
Income (Loss) on Equity Investments	-1,378	-1,103	-195.5	-821.2	784.7	2,147
Currency Exchange Gain (Loss)	-1,300	-1,300	-390.4	-2,931	-66.9	-606.1
Other Non-Operating Income (Expenses)	-7,184	-3,193	-2,885	-1,677	-2,905	-3,279
EBT Excluding Unusual Items	178,238	187,571	191,147	176,403	168,315	162,202
Gain (Loss) on Sale of Investments	2,636	2,636	-0.4	-1,652	159.5	-
Gain (Loss) on Sale of Assets	-20	-20	-199.9	-220.9	-284.1	-24.9
Asset Writedown	-7.8	-7.8	-93.6	-	-	-
Other Unusual Items	8,230	2,763	-5,714	2,486	27,906	-7,170
Pretax Income	189,075	192,942	185,140	177,016	196,096	155,007
Income Tax Expense	37,063	37,728	29,408	22,819	27,856	34,643
Net Income	152,012	155,214	155,732	154,197	168,241	120,365
Net Income to Common	152,012	155,214	155,732	154,197	168,241	120,365
Net Income Growth	-3.25%	-0.33%	1.00%	-8.35%	39.78%	8.83%
Shares Outstanding (Basic)	9,298	9,301	9,301	9,301	9,301	9,301
Shares Outstanding (Diluted)	9,298	9,301	9,301	9,301	9,301	9,301
Shares Change (YoY)	-0.02%	-	-	-	-	-
EPS (Basic)	16.35	16.69	16.74	16.58	18.09	12.94
EPS (Diluted)	16.35	16.69	16.74	16.58	18.09	12.94
EPS Growth	-3.21%	-0.31%	0.97%	-8.35%	39.78%	8.83%
Free Cash Flow	42,508	120,893	258,798	319,602	181,573	197,861
Free Cash Flow Per Share	4.57	13.00	27.83	34.36	19.52	21.27
Dividend Per Share	9.000	9.000	11.250	11.063	8.813	7.313
Dividend Growth	-23.40%	-20.00%	1.70%	25.53%	20.51%	30.00%
Profit Margin	32.92%	33.89%	33.97%	33.81%	40.42%	30.36%
Free Cash Flow Margin	9.21%	26.40%	56.45%	70.08%	43.63%	49.91%
EBITDA	385,562	395,995	402,175	401,774	369,731	358,169
EBITDA Margin	83.49%	86.48%	87.73%	88.10%	88.83%	90.36%
D&A For EBITDA	127,276	128,665	130,715	133,125	128,490	120,184
EBIT	258,286	267,330	271,460	268,649	241,241	237,985
EBIT Margin	55.93%	58.38%	59.21%	58.91%	57.96%	60.04%
Effective Tax Rate	19.60%	19.55%	15.88%	12.89%	14.21%	22.35%
Revenue as Reported	474,485	474,594	469,131	466,056	426,979	408,235

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.