India Grid Trust's Q4FY25 Quarter Results
- 17 May 2025
Result Summary
- India Grid 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 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 Trust is a leading infrastructure investment trust (InvIT) in India, primarily focused on owning and operating power transmission assets. As an InvIT, the company provides an opportunity for investors to invest in infrastructure projects, offering a regular income distribution, typically through stable cash flows from operating assets. India Grid Trust operates within the power sector, a critical industry in India given the country's growing energy demands. Recent major developments in the company or industry are not available in the provided data, but typically, such entities may focus on expanding their asset base or enhancing operational efficiencies to increase returns to their investors.
Revenue
During the fourth quarter of FY25, India Grid Trust reported a total income of ₹824.39 crores, which is a 2.5% increase from the previous quarter (Q3FY25) where the income stood at ₹804.19 crores. This quarter-on-quarter growth indicates a continuation of revenue generation efforts. Comparing year-over-year, the total income saw a significant increase of 31.9% from Q4FY24, where the income was ₹624.84 crores. This substantial year-over-year growth in revenue is indicative of the company's efforts in expanding its income streams or optimizing its existing operations within the fiscal year.
Profitability
Profitability metrics indicate a mixed performance for India Grid Trust in Q4FY25. The Profit Before Tax (PBT) for the quarter was ₹66.20 crores, reflecting an 11.7% decline from Q3FY25 where the PBT was ₹75.01 crores. When assessed year-over-year, the PBT showed a more pronounced decline of 46.8% compared to Q4FY24, which recorded a PBT of ₹124.36 crores. The Profit After Tax (PAT), however, was marginally higher in Q4FY25 at ₹58.48 crores, up by 1.2% from ₹57.80 crores in Q3FY25. Year-over-year, the PAT dropped significantly by 57.4% from the previous year's figure of ₹137.12 crores. These figures highlight variations in profit margins and tax efficiencies over the periods.
Operating Metrics
In Q4FY25, India Grid Trust's total expenses amounted to ₹758.19 crores, representing a 4.0% increase from Q3FY25's expenses of ₹729.02 crores. Year-over-year, expenses surged by 51.5% from Q4FY24 when expenses were recorded at ₹500.49 crores. This increase in expenses might reflect higher operational costs, expansion activities, or other strategic investments. The Earnings Per Share (EPS) remained steady at ₹0.70 for both Q4FY25 and Q3FY25, but showed a decrease of 63.2% compared to Q4FY24 when the EPS was ₹1.90. The tax paid during Q4FY25 was ₹7.71 crores, which is a significant drop of 55.2% from Q3FY25 and a notable change from a tax credit of ₹-12.76 crores in Q4FY24. These operational metrics present an overview of the company's financial activities and their implications on profitability and shareholder value during the period.