PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT													( Rs.crores)
IV --  FINANCIAL  DATA					2022-23 2nd Qtr								PAGE:10
					Current Year 2022-23 Provisional				PREVIOUS YEAR 2021-22				% Change
					Quarterly		Cumulative		Quarterly		Cumulative		Quarterly	Cummulative
A	Revnue:
	1	Sale of Electricity			4959.41		8064.36		4004.17		6559.87		23.86	22.93
	2	Government Subsidy			0.00		0.00		0.00		0.00		0.00	0.00
	3	Other Income			27.83		104.57		130.00		347.43		-78.59	-69.90
	4	Total Revenue			4987.25		8168.93		4134.17		6907.30		20.63	18.27
B	EXPENSES:
	Operating Expenses:
	1	Power Purchase Costs			5399.20		10415.53		3956.88		8185.54		36.45	27.24
	2	Fixed					0.00				0.00
	3	Variable					0.00				0.00
	4	Fuel Expense					0.00				0.00
	5	Employee cost			282.72		545.67		218.47		464.93		29.40	17.37
	6	Repairs and Maintenance			71.11		119.41		292.27		393.07		-75.67	-69.62
	7	Administrative and General Expenses			48.36		89.79		73.69		108.93		-34.37	-17.57
	8	Other Operating Costs			1.70		2.56		2.71		2.71		-37.33	-5.64
	9	Depreciation			239.86		474.92		233.92		464.12		2.54	2.33
	10	Interest			2.94		5.34		4.56		7.72		-35.56	-30.90
	11	Other Expenses (including capitalisation)			-36.76		-57.46		-22.03		-39.89		66.84	44.02
	12	Taxes, if any			0.00		0.00		0.00		0.00		0.00	0.00
	13	Total expenses			6009.13		11595.76		4760.48		9587.13		26.23	20.95
C		Surplus (deficit) excluding rate of return
D		Calculation of Return
ASSUMPTIONS:
1	Quarterly results are provisional  as the same are not audited.
2	Subsidies are usually received at the year end, hence they have not been considered in the quarterly results
3	Interest on Borrowings is given by GUVNL at the year end, hence the same has not been considered in quarterly results
4	The expenses are capitalized at the year end, hence they have not been considered in quarterly results.