India Grid Infrastructure Trust's Q4FY25 Quarter Results
- 17 May 2025
Result Summary
- India Grid Infrastructure Trust reported a 2.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 31.9%.
- Its expenses for the quarter were up by 4.0% QoQ and 51.5% YoY.
- The net profit increased 1.2% QoQ and decreased 57.4% YoY.
- The earnings per share (EPS) of India Grid Infrastructure Trust stood at 0.7 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 824.39 | 804.19 | 624.84 | 2.5% | 31.9% |
Total Expenses | 758.19 | 729.02 | 500.49 | 4.0% | 51.5% |
Profit Before Tax | 66.20 | 75.01 | 124.36 | -11.7% | -46.8% |
Tax | 7.71 | 17.20 | -12.76 | -55.2% | -160.4% |
Profit After Tax | 58.48 | 57.80 | 137.12 | 1.2% | -57.4% |
Earnings Per Share | 0.70 | 0.70 | 1.90 | 0.0% | -63.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
India Grid Infrastructure Trust is a prominent entity in the infrastructure sector, primarily focusing on owning and operating power transmission assets in India. As an Infrastructure Investment Trust (InvIT), it provides investors with an opportunity to invest in operational infrastructure assets. The company is involved in the transmission of electricity and plays a crucial role in the national grid infrastructure. As of the latest updates, there are no additional major developments available for the company.
Revenue
India Grid Infrastructure Trust reported a total income of ₹824.39 crores for Q4FY25, reflecting a quarter-over-quarter (QoQ) growth of 2.5% from ₹804.19 crores in Q3FY25. Compared to Q4FY24, the total income increased by 31.9% from ₹624.84 crores. This significant year-over-year (YoY) growth underscores the company's increased revenue generation over the past year. The consistent growth in total income highlights the ongoing operational activities and possibly expanding transmission capabilities.
Profitability
The company's profitability metrics indicate some contrasting movements. Profit Before Tax (PBT) for Q4FY25 stood at ₹66.20 crores, marking an 11.7% decline from the previous quarter's ₹75.01 crores and a substantial decrease of 46.8% compared to ₹124.36 crores in Q4FY24. Tax expenses in Q4FY25 were ₹7.71 crores, which is a significant reduction from ₹17.20 crores in Q3FY25, and a notable shift from a negative tax figure of -₹12.76 crores in Q4FY24. Profit After Tax (PAT) was ₹58.48 crores, showing a modest QoQ increase of 1.2% from ₹57.80 crores in Q3FY25, but a significant YoY decline of 57.4% from ₹137.12 crores in Q4FY24. Earnings Per Share (EPS) remained constant at ₹0.70 compared to the previous quarter, yet decreased by 63.2% from ₹1.90 in Q4FY24.
Operating Metrics
The report highlights that the total expenses for Q4FY25 were ₹758.19 crores, which represents a 4.0% increase from ₹729.02 crores in Q3FY25. When compared to Q4FY24, expenses rose by 51.5% from ₹500.49 crores. The increase in expenses indicates higher operational costs over the quarters. The company's financial metrics show a pattern where revenue growth is outpaced by the rise in expenses, impacting overall profitability. No additional information on specific operating metrics such as P/E ratio, debt-to-equity ratio, or current ratio is available from the provided data. The reported figures suggest a focus on maintaining stable earnings despite fluctuations in tax liabilities and profit margins.