Q3 FY24 Distribution Update
Q3 FY24 Financial Performance
Earnings
Revenue (Mn)
IndiGrid
EBITDA (Mn)
Mn
Revenue
Q3 FY24
Q3 FY23
% change
7,542
7,542
5,910
28%
5,706
5,910
6,807
5,179
5,361
EBITDA
6,807
5,361
27%
NDCF Generated
3,119
2,944
6%
DPU (per unit)
3.55
3.30
7.5%
Q3 FY22
Q3 FY23
Q3 FY24
Q3 FY22
Q3 FY23
Q3 FY24
Collections and Receivable Days
Transmission Assets
102%
114%
114%
86%
99
63
66
54
99
54
67
94%
I
105%
128%
82%
Solar Assets
127%
111%
Collections at 94% in Q3
FY24 vs 102% YoY
83
107
63
DSO days at 63 as of Dec'23
87
88
81
73
vs similar profile in Dec'22
Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24
DSO
I
% Collection
Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24
Consistent growth in Revenue, EBITDA, NDCF on a YoY basis
DSO-Days Sales Outstanding, (1) DSO days does not include unbilled revenue
Collections at 111% in Q3
FY24 vs 105% YoY
DSO days1 at 88 as of Dec'23
vs 107 days as of Dec'22
DSO
% CollectionView entire presentation