Modison 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
Revenue	5,531	4,902	4,046	3,347	3,395	2,921
Revenue Growth (YoY)	16.74%	21.18%	20.87%	-1.42%	16.23%	33.22%
Cost of Revenue	4,325	3,884	3,222	2,643	2,669	2,124
Gross Profit	1,205	1,019	823.38	704.21	726.11	797.56
Selling, General & Admin	269.55	252.32	215.06	206.72	189.04	168.41
Other Operating Expenses	317.64	309.55	280.72	248.95	232.2	227.78
Operating Expenses	684.68	644.37	558.56	520.86	487.33	456.98
Operating Income	520.73	374.51	264.81	183.35	238.78	340.58
Interest Expense	-70.19	-53.55	-25.37	-13.38	-18.81	-18.9
Interest & Investment Income	4.13	4.13	2.9	1.43	2.04	4.68
Currency Exchange Gain (Loss)	13.77	13.77	-4.3	10.68	6.51	3.57
Other Non Operating Income (Expenses)	35.21	7.4	-1.05	-2.77	1.61	2.75
EBT Excluding Unusual Items	503.64	346.25	237	179.31	230.13	332.68
Gain (Loss) on Sale of Investments	-	-	0.17	0.09	0.1	0.12
Gain (Loss) on Sale of Assets	0.04	0.04	-1.7	-0.41	3.01	1.17
Other Unusual Items	118.22	-10.83	55.92	-25.62	-35.37	-35.87
Pretax Income	621.89	335.46	291.39	153.38	197.87	298.11
Income Tax Expense	161.24	88.64	77.76	41.61	51.56	73.73
Earnings From Continuing Operations	460.66	246.82	213.62	111.77	146.31	224.38
Net Income	460.66	246.82	213.62	111.77	146.31	224.38
Net Income to Common	460.66	246.82	213.62	111.77	146.31	224.38
Net Income Growth	116.21%	15.54%	91.13%	-23.61%	-34.79%	48.43%
Shares Outstanding (Basic)	32	32	32	32	32	32
Shares Outstanding (Diluted)	32	32	32	32	32	32
EPS (Basic)	14.19	7.61	6.58	3.44	4.51	6.91
EPS (Diluted)	14.19	7.61	6.58	3.44	4.51	6.91
EPS Growth	116.37%	15.59%	91.28%	-23.70%	-34.75%	48.33%
Free Cash Flow	-	-315.68	-148.54	100.12	17.85	181.19
Free Cash Flow Per Share	-	-9.73	-4.58	3.08	0.55	5.58
Dividend Per Share	4.500	3.500	2.500	1.000	1.000	1.500
Dividend Growth	28.57%	40.00%	150.00%	-	-33.33%	-
Gross Margin	21.80%	20.78%	20.35%	21.04%	21.39%	27.30%
Operating Margin	9.41%	7.64%	6.55%	5.48%	7.03%	11.66%
Profit Margin	8.33%	5.04%	5.28%	3.34%	4.31%	7.68%
Free Cash Flow Margin	-	-6.44%	-3.67%	2.99%	0.53%	6.20%
EBITDA	613.81	454.55	327.46	246.25	304.35	400.87
EBITDA Margin	11.10%	9.27%	8.09%	7.36%	8.96%	13.72%
D&A For EBITDA	93.09	80.04	62.64	62.9	65.56	60.29
EBIT	520.73	374.51	264.81	183.35	238.78	340.58
EBIT Margin	9.41%	7.64%	6.55%	5.48%	7.03%	11.66%
Effective Tax Rate	25.93%	26.42%	26.69%	27.13%	26.06%	24.73%
Revenue as Reported	5,591	4,935	4,053	3,362	3,412	2,936
Advertising Expenses	-	2.98	2.72	2.06	2.42	1.53

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