India Grid Trust's Q1 FY 2025-26 Quarterly Results

Result Summary

• India Grid Trust reported a 5.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of -0.0%.
• Its expenses for the quarter were up by 5.3% QoQ and 9.8% YoY.
• The net profit increased 28.7% QoQ and decreased 45.0% YoY.
• The earnings per share (EPS) of India Grid Trust stood at 0.9 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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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 Trust is an infrastructure investment trust primarily involved in owning and operating power transmission assets in India. As a part of the energy infrastructure sector, the company plays a pivotal role in the transmission of electricity across various states in the country. The company's business model focuses on acquiring stable and operational power transmission assets to generate consistent cash flows. Recent developments, such as expansions or acquisitions, are not specified within the provided data. Thus, any additional insights into the company's strategic movements or market conditions aren't available from the current data set.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), India Grid Trust reported a total income of ₹872.98 crores. This represents a quarter-over-quarter (QoQ) increase of 5.9% compared to ₹824.39 crores in the fourth quarter of fiscal year 2025 (Q4FY25). However, there was a negligible year-over-year (YoY) change of -0.0% compared to the first quarter of fiscal year 2025 (Q1FY25), where the total income was ₹873.39 crores. This stability in revenue compared to the previous year indicates a steady performance in income generation for the period under review.

Profitability

For Q1FY26, India Grid Trust's profit before tax was ₹74.01 crores, an increase of 11.8% QoQ from ₹66.20 crores in Q4FY25. However, this reflects a significant YoY decrease of 49.3% from ₹146.12 crores in Q1FY25. The profit after tax for Q1FY26 was ₹75.29 crores, showing a strong QoQ growth of 28.7% from ₹58.48 crores in Q4FY25, but a YoY decline of 45.0% from ₹136.98 crores in Q1FY25. The earnings per share also followed a similar trend with a QoQ increase of 28.6% to ₹0.90, compared to ₹0.70 in Q4FY25, and a YoY decrease of 47.1% from ₹1.70 in Q1FY25. These fluctuations highlight variations in profitability over the periods.

Operating Metrics

The total expenses for India Grid Trust in Q1FY26 were ₹798.72 crores, which is a QoQ increase of 5.3% from ₹758.19 crores in Q4FY25, and a YoY increase of 9.8% from ₹727.29 crores in Q1FY25. The tax expenses for Q1FY26 showed a reversal with a credit of ₹1.28 crores, compared to a tax burden of ₹7.71 crores in Q4FY25 and ₹9.14 crores in Q1FY25. The negative tax expense in the latest quarter indicates a significant change in tax-related financial operations or adjustments. The data does not provide additional information to calculate specific financial ratios like P/E ratio or debt-to-equity ratio as the necessary inputs are not included. Any further analysis regarding these metrics would require additional data not provided in the current dataset.