Consolidated net sales (including other operating income) of Power Grid Corporation of India for the quarter ended Mar 2025 has increased 2.48% to Rs 12275.35 crore. Operating profit margin has jumped from 82.84% to 83.70%, leading to 3.54% rise in operating profit to Rs 10,273.99 crore. Profit before tax grew 0.56% to Rs 5,091.27 crore. Provision for tax was expense of Rs 918.82 crore, compared to Rs 958.47 crore. Effective tax rate was 18.15% compared to 18.70%. Minority interest was nil in both the periods. Net profit attributable to owners of the company decreased 0.56% to Rs 4,142.87 crore.
Full year results analysis.
Standalone net sales (including other operating income) of Power Grid Corporation of India for the fiscal ended Mar 2025 has declined 2% to Rs 41,431.49 crore. Operating profit margin has jumped from 86.7% to 85.1%, leading to 4% decline in operating profit to Rs 35276.53 crore. Other income up 42.92% to Rs 4893.83 crore. Provision for interest up 4.78% to Rs 9479.32 crore. PBDT rose 1.32% to Rs 30971.66 crore. Provision for depreciation down 1.64% to Rs 12352.23 crore. Profit before tax de-grew 1% to Rs 18338.81 crore. Provision for tax was expense of Rs 3265.86 crore, compared to Rs 2631.98 crore. Profit after tax was down 5% to Rs 15072.95 crore. RI was Rs 280.62 crore compared to an expense of Rs 564.51 crore. Thus net profit fell 0.16% to Rs 15,353.57 crore.
Consolidated net sales (including other operating income) of Power Grid Corporation of India has declined 0.11% to Rs 45792.32 crore. Operating profit margin has jumped from 85.80% to 85.91%, leading to 0.03% rise in operating profit to Rs 39,341.68 crore. Employee cost increased from 5.31% to 5.69%. Other expenses rose from 7.65% to 9.00%. Other income rose 55.80% to Rs 1667.06 crore. PBIDT rose 1.50% to Rs 41008.74 crore. Provision for interest fell 0.83% to Rs 8700.13 crore. PBDT rose 2.15% to Rs 32308.61 crore. Provision for depreciation fell 1.46% to Rs 12904.15 crore. Profit before tax grew 4.70% to Rs 19,404.46 crore. Share of profit/loss was 463.99% lower at Rs -110.26 crore. Provision for tax was expense of Rs 3772.76 crore, compared to Rs 2940.79 crore. Effective tax rate was 19.55% compared to 15.88%. Minority interest was nil in both the periods. Net profit attributable to owners of the company decreased 0.33% to Rs 15,521.44 crore.
Standalone Loan funds rose to Rs 131,013.30 crore as of 31 March 2025 from Rs 123,490.04 crore as of 31 March 2024. Inventories rose to Rs 1,377.82 crore as of 31 March 2025 from Rs 1,303.73 crore as of 31 March 2024. Sundry debtors were lower at Rs 7,273.25 crore as of 31 March 2025 compared to Rs 10,825.80 crore as of 31 March 2024. Cash and bank balance rose to Rs 6,419.40 crore as of 31 March 2025 from Rs 5,026.73 crore as of 31 March 2024. Investments rose to Rs 11,312.30 crore as of 31 March 2025 from Rs 9,339.89 crore as of 31 March 2024 . Fixed assets declined from Rs 170,916.81 crore as of 31 March 2024 to Rs 164,553.23 crore as of 31 March 2025. Intangible assets increased from Rs 1,457.71 crore to Rs 1,482.54 crore.
Consolidated Loan funds rose to Rs 131,030.21 crore as of 31 March 2025 from Rs 123,516.21 crore as of 31 March 2024. Inventories rose to Rs 1,802.52 crore as of 31 March 2025 from Rs 1,406.29 crore as of 31 March 2024. Sundry debtors were lower at Rs 7,964.75 crore as of 31 March 2025 compared to Rs 11,539.63 crore as of 31 March 2024. Cash and bank balance rose to Rs 10,077.24 crore as of 31 March 2025 from Rs 7,495.12 crore as of 31 March 2024. Investments declined from Rs 4,163.17 crore as of 31 March 2024 to Rs 3,116.65 crore as of 31 March 2025. Fixed assets increased to Rs 204,154.37 crore as of 31 March 2025 from Rs 194,304.24 crore as of 31 March 2024. Intangible assets increased from Rs 1,653.80 crore to Rs 1,750.87 crore.
Equity capital stood at Rs 9,300.60 crore as of 31 March 2025 to Rs 9,300.60 crore as of 31 March 2024. Per share face Value remained same at Rs 10.00.
Promoters’ stake was 51.34% as of 31 March 2025 ,compared to 51.34% as of 31 March 2024 .
Cash flow from operating activities decreased to Rs 36,223.29 crore for year ended March 2025 from Rs 37,289.50 crore for year ended March 2024. Cash flow used in acquiring fixed assets during the year ended March 2025 stood at Rs 21,134.04 crore, compared to Rs 11,409.68 crore during the year ended March 2024.
| Power Grid Corporation of India : Results |
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| |
2503 (3) |
2403 (3) |
Var.(%) |
2503 (12) |
2403 (12) |
Var.(%) |
| Sales |
10982.55 |
11050.54 |
-1 |
41431.49 |
42391.16 |
-2 |
| OPM (%) |
84.0 |
82.7 |
|
85.1 |
86.7 |
|
| OP |
9222.70 |
9142.21 |
1 |
35276.53 |
36754.82 |
-4 |
| Other inc. |
1499.84 |
1203.18 |
25 |
4893.83 |
3424.21 |
43 |
| PBIDT |
10722.54 |
10345.39 |
4 |
40170.36 |
40179.03 |
0 |
| Interest |
2587.51 |
2020.78 |
28 |
9479.32 |
9046.87 |
5 |
| PBDT |
8135.03 |
8324.61 |
-2 |
30691.04 |
31132.16 |
-1 |
| Dep. |
3043.16 |
3116.40 |
-2 |
12352.23 |
12558.19 |
-2 |
| PBT |
5091.87 |
5208.21 |
-2 |
18338.81 |
18573.97 |
-1 |
| EO Exp |
0.00 |
0.00 |
|
0.00 |
0.00 |
|
| PBT after EO |
5091.87 |
5208.21 |
-2 |
18338.81 |
18573.97 |
-1 |
| Taxation |
806.34 |
906.03 |
-11 |
3265.86 |
2631.98 |
24 |
| PAT |
4285.53 |
4302.18 |
0 |
15072.95 |
15941.99 |
-5 |
| Regulatory
Incom/(Exp) |
50.64 |
-174.41 |
LP |
280.62 |
-564.51 |
LP |
| Net Profit
(continuing Operations) after Regulatory Inc/Exp |
4336.17 |
4127.77 |
5 |
15353.57 |
15377.48 |
0 |
| EPS (Rs)* |
# |
# |
|
16.5 |
16.5 |
|
| *
Annualized on post bonus Equity Of Rs 9300.60 Crore. Face Value: Rs 10 |
| # EPS is not
annualised due to seasonality of business |
|
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| Figures in Rs crore |
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| Source:
Capitaline Corporate Database |
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