Nirlon 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
Other Revenue	6,563	6,361	6,031	5,726	3,839	3,169
Total Revenue	6,563	6,361	6,031	5,726	3,839	3,169
Revenue Growth (YoY	3.94%	5.46%	5.32%	49.15%	21.15%	2.23%
Property Expenses	623.58	610.13	557.02	479.19	361.31	323.41
Selling, General & Administrative	183.67	183.67	189.77	195.16	151.29	144.09
Depreciation & Amortization	548.54	563.32	564.16	1,028	754.88	487.04
Other Operating Expenses	637.54	539.39	511.21	467.71	336.94	321.36
Total Operating Expenses	1,993	1,897	1,822	2,170	1,604	1,276
Operating Income	4,569	4,464	4,209	3,557	2,235	1,893
Interest Expense	-907.95	-976.78	-1,031	-844.15	-212.45	-
Interest & Investment Income	83.25	83.25	41.21	27.44	15.18	10.39
Currency Exchange Gain (Loss)	-	-	-	-	0.02	5.89
Other Non-Operating Income	-147.2	-192.3	-203.91	-412.66	-133.44	-140.33
EBT Excluding Unusual Items	3,597	3,378	3,015	2,327	1,904	1,769
Gain (Loss) on Sale of Assets	5.69	5.69	-	-	-	-
Asset Writedown	-	-	-	-1.92	-3.74	-
Pretax Income	3,603	3,384	3,015	2,325	1,901	1,769
Income Tax Expense	313.69	1,202	959.77	746.2	792.51	495.15
Net Income	3,289	2,182	2,056	1,579	1,108	1,274
Net Income to Common	3,289	2,182	2,056	1,579	1,108	1,274
Net Income Growth	52.41%	6.14%	30.17%	42.51%	-13.03%	16.38%
Basic Shares Outstanding	90	90	90	90	90	90
Diluted Shares Outstanding	90	90	90	90	90	90
EPS (Basic)	36.50	24.21	22.81	17.52	12.30	14.14
EPS (Diluted)	36.50	24.21	22.81	17.52	12.30	14.14
EPS Growth	52.40%	6.14%	30.19%	42.49%	-13.03%	16.38%
Dividend Per Share	26.000	26.000	26.000	26.000	26.000	8.000
Dividend Growth	-	-	-	-	225.00%	966.67%
Operating Margin	69.63%	70.18%	69.79%	62.11%	58.21%	59.74%
Profit Margin	50.12%	34.30%	34.08%	27.58%	28.86%	40.20%
EBITDA	5,132	5,028	4,773	4,584	2,990	2,380
EBITDA Margin	78.20%	79.04%	79.14%	80.06%	77.87%	75.11%
D&A For Ebitda	562.68	563.32	564.16	1,028	754.88	487.04
EBIT	4,569	4,464	4,209	3,557	2,235	1,893
EBIT Margin	69.63%	70.18%	69.79%	62.11%	58.21%	59.74%
Effective Tax Rate	8.71%	35.52%	31.83%	32.09%	41.70%	27.99%
Revenue as Reported	6,697	6,450	6,074	5,756	3,867	3,194

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.