Vedanta Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	1,599,000	1,507,250	1,417,930	1,454,040	1,311,920	868,630
Other Revenue	6,110	6,110	3,790	4,830	4,880	3,030
Revenue	1,605,110	1,513,360	1,421,720	1,458,870	1,316,800	871,660
Revenue Growth (YoY)	9.75%	6.45%	-2.55%	10.79%	51.07%	3.83%
Cost of Revenue	813,650	760,820	720,100	789,220	597,460	400,350
Gross Profit	791,460	752,540	701,620	669,650	719,340	471,310
Selling, General & Admin	35,380	35,900	33,780	31,800	28,700	29,270
Other Operating Expenses	299,740	286,160	302,730	283,170	239,380	166,760
Operating Expenses	455,650	437,610	451,600	423,790	357,030	272,480
Operating Income	335,810	314,930	250,020	245,860	362,310	198,830
Interest Expense	-83,230	-86,990	-82,740	-57,280	-44,040	-48,810
Interest & Investment Income	24,230	24,230	17,270	22,830	18,870	21,060
Earnings From Equity Investments	-	10	20	-30	10	-10
Currency Exchange Gain (Loss)	-1,140	-1,140	-2,630	-5,540	-1,560	-650
Other Non Operating Income (Expenses)	-8,960	-5,480	-8,240	-1,590	-1,630	-1,610
EBT Excluding Unusual Items	266,710	245,560	173,700	204,250	333,960	168,810
Gain (Loss) on Sale of Investments	2,620	2,620	1,280	740	2,090	9,340
Gain (Loss) on Sale of Assets	1,910	1,910	640	-90	1,280	750
Asset Writedown	23,580	20,900	1,850	7,530	-1,220	-2,440
Legal Settlements	-	-	-	-	-	-2,130
Other Unusual Items	-24,050	-2,220	26,180	-9,700	-6,460	-2,210
Pretax Income	270,770	268,770	203,650	202,730	329,650	172,120
Income Tax Expense	69,750	63,420	128,260	57,700	92,550	21,800
Earnings From Continuing Operations	201,020	205,350	75,390	145,030	237,100	150,320
Minority Interest in Earnings	-65,290	-55,470	-33,000	-39,290	-49,080	-34,300
Net Income	141,760	149,880	42,390	105,740	188,020	116,020
Net Income to Common	141,760	149,880	42,390	105,740	188,020	116,020
Net Income Growth	10.11%	253.57%	-59.91%	-43.76%	62.06%	-
Shares Outstanding (Basic)	3,906	3,846	3,718	3,710	3,707	3,704
Shares Outstanding (Diluted)	3,939	3,878	3,747	3,734	3,732	3,728
Shares Change (YoY)	2.80%	3.51%	0.34%	0.05%	0.12%	0.67%
EPS (Basic)	36.29	38.97	11.40	28.50	50.73	31.32
EPS (Diluted)	35.99	38.65	11.33	28.32	50.38	31.13
EPS Growth	7.07%	241.13%	-59.99%	-43.79%	61.84%	-
Free Cash Flow	-	225,570	189,020	192,780	243,330	170,940
Free Cash Flow Per Share	-	58.17	50.45	51.63	65.20	45.86
Dividend Per Share	8.500	43.500	29.500	101.500	45.000	9.500
Dividend Growth	-75.71%	47.46%	-70.94%	125.56%	373.68%	143.59%
Gross Margin	49.31%	49.73%	49.35%	45.90%	54.63%	54.07%
Operating Margin	20.92%	20.81%	17.59%	16.85%	27.51%	22.81%
Profit Margin	8.83%	9.90%	2.98%	7.25%	14.28%	13.31%
Free Cash Flow Margin	-	14.90%	13.30%	13.21%	18.48%	19.61%
EBITDA	445,438	423,110	356,270	351,660	451,420	274,070
EBITDA Margin	27.75%	27.96%	25.06%	24.10%	34.28%	31.44%
D&A For EBITDA	109,628	108,180	106,250	105,800	89,110	75,240
EBIT	335,810	314,930	250,020	245,860	362,310	198,830
EBIT Margin	20.92%	20.81%	17.59%	16.85%	27.51%	22.81%
Effective Tax Rate	25.76%	23.60%	62.98%	28.46%	28.07%	12.67%
Revenue as Reported	1,655,290	1,566,430	1,462,770	1,501,590	1,353,320	914,420

Source: S&P Global Market Intelligence. Standard template. Financial Sources.