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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	454,951	458,431	456,031	416,216	396,398	377,435
Revenue Growth (YoY)	-1.37%	0.53%	9.57%	5.00%	5.02%	7.66%
Operations & Maintenance	9,276	9,276	8,203	8,295	7,618	7,611
Selling, General & Admin	2,005	2,005	1,946	1,725	1,485	1,639
Depreciation & Amortization	129,677	130,953	133,334	128,717	120,392	116,070
Other Operating Expenses	50,878	44,737	43,901	36,239	28,918	31,815
Total Operating Expenses	191,836	186,971	187,383	174,975	158,413	157,135
Operating Income	263,115	271,460	268,649	241,241	237,985	220,300
Interest Expense	-78,918	-83,389	-92,231	-76,147	-76,830	-90,822
Interest Income	6,547	6,547	5,415	5,409	2,784	3,168
Net Interest Expense	-72,370	-76,842	-86,816	-70,739	-74,046	-87,654
Income (Loss) on Equity Investments	-189.5	-195.5	-821.2	784.7	2,147	1,551
Currency Exchange Gain (Loss)	-390.4	-390.4	-2,931	-66.9	-606.1	-2,219
Other Non-Operating Income (Expenses)	3,204	-2,885	-1,677	-2,905	-3,279	-2,740
EBT Excluding Unusual Items	193,369	191,147	176,403	168,315	162,202	129,240
Gain (Loss) on Sale of Investments	-0.4	-0.4	-1,652	159.5	-	-
Gain (Loss) on Sale of Assets	-199.9	-199.9	-220.9	-284.1	-24.9	-172
Asset Writedown	-93.6	-93.6	-	-	-	-
Other Unusual Items	498.3	-5,714	2,486	27,906	-7,170	16,834
Pretax Income	193,573	185,140	177,016	196,096	155,007	145,902
Income Tax Expense	38,124	29,408	22,819	27,856	34,643	35,308
Net Income	155,449	155,732	154,197	168,241	120,365	110,594
Net Income to Common	155,449	155,732	154,197	168,241	120,365	110,594
Net Income Growth	-1.16%	0.99%	-8.35%	39.78%	8.83%	10.22%
Shares Outstanding (Basic)	9,300	9,301	9,301	9,301	9,301	9,301
Shares Outstanding (Diluted)	9,300	9,301	9,301	9,301	9,301	9,301
Shares Change (YoY)	-0.02%	-	0.00%	-	0.00%	-
EPS (Basic)	16.71	16.74	16.58	18.09	12.94	11.89
EPS (Diluted)	16.71	16.74	16.58	18.09	12.94	11.89
EPS Growth	-1.15%	0.97%	-8.35%	39.78%	8.83%	10.22%
Free Cash Flow	-	258,858	319,602	181,573	197,861	193,715
Free Cash Flow Per Share	-	27.83	34.36	19.52	21.27	20.83
Dividend Per Share	10.500	11.250	11.063	8.813	7.313	5.625
Dividend Growth	-12.95%	1.69%	25.53%	20.51%	30.00%	20.05%
Profit Margin	34.17%	33.97%	33.81%	40.42%	30.36%	29.30%
Free Cash Flow Margin	-	56.47%	70.08%	43.62%	49.91%	51.32%
EBITDA	392,022	402,175	401,774	369,731	358,169	336,197
EBITDA Margin	86.17%	87.73%	88.10%	88.83%	90.36%	89.07%
D&A For EBITDA	128,907	130,715	133,125	128,490	120,184	115,897
EBIT	263,115	271,460	268,649	241,241	237,985	220,300
EBIT Margin	57.83%	59.21%	58.91%	57.96%	60.04%	58.37%
Effective Tax Rate	19.69%	15.88%	12.89%	14.21%	22.35%	24.20%
Revenue as Reported	471,740	469,131	466,056	426,979	408,235	386,710

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