VST Industries Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	14,607	13,978	14,205	12,924	11,782
Other Revenue	37.9	-	-	-	-
Revenue	14,645	13,978	14,205	12,924	11,782
Revenue Growth (YoY)	4.78%	-1.60%	9.91%	9.70%	6.05%
Cost of Revenue	6,855	8,045	7,589	6,238	5,172
Gross Profit	7,790	5,932	6,616	6,686	6,609
Selling, General & Admin	1,393	1,900	1,772	1,489	1,355
Other Operating Expenses	1,899	1,244	1,312	1,371	1,139
Operating Expenses	4,303	3,589	3,465	3,161	2,794
Operating Income	3,487	2,343	3,151	3,525	3,815
Interest & Investment Income	-	320.14	407.1	563.98	97.97
Currency Exchange Gain (Loss)	-	0.6	13.41	17.77	10.58
Other Non Operating Income (Expenses)	413.1	20.99	13.02	6.53	5.38
EBT Excluding Unusual Items	3,900	2,685	3,584	4,113	3,929
Gain (Loss) on Sale of Investments	-	-	-	-	290.59
Gain (Loss) on Sale of Assets	-	6.31	26.73	0.65	7.08
Other Unusual Items	-	1,005	335.74	175.05	55.12
Pretax Income	3,900	3,696	3,947	4,289	4,282
Income Tax Expense	977.8	792.14	931.26	1,019	1,080
Net Income	2,923	2,904	3,016	3,270	3,202
Net Income to Common	2,923	2,904	3,016	3,270	3,202
Net Income Growth	0.64%	-3.70%	-7.77%	2.11%	3.04%
Shares Outstanding (Basic)	170	170	170	170	170
Shares Outstanding (Diluted)	170	170	170	170	170
Shares Change (YoY)	-0.02%	-	-	-	-
EPS (Basic)	17.21	17.10	17.75	19.25	18.85
EPS (Diluted)	17.21	17.10	17.75	19.25	18.85
EPS Growth	0.67%	-3.68%	-7.79%	2.11%	3.04%
Free Cash Flow	1,759	1,524	726.78	-2,224	2,283
Free Cash Flow Per Share	10.36	8.97	4.28	-13.10	13.44
Dividend Per Share	12.000	10.000	13.640	13.636	12.727
Dividend Growth	20.00%	-26.69%	0.03%	7.14%	22.81%
Gross Margin	53.19%	42.44%	46.58%	51.73%	56.10%
Operating Margin	23.81%	16.76%	22.18%	27.27%	32.38%
Profit Margin	19.96%	20.78%	21.23%	25.30%	27.18%
Free Cash Flow Margin	12.01%	10.91%	5.12%	-17.21%	19.38%
EBITDA	4,499	2,788	3,531	3,826	4,116
EBITDA Margin	30.72%	19.94%	24.86%	29.60%	34.94%
D&A For EBITDA	1,012	444.42	380.3	300.9	300.82
EBIT	3,487	2,343	3,151	3,525	3,815
EBIT Margin	23.81%	16.76%	22.18%	27.27%	32.38%
Effective Tax Rate	25.07%	21.43%	23.59%	23.76%	25.22%
Revenue as Reported	20,871	18,442	19,171	17,489	16,073
Advertising Expenses	-	461.62	425.56	241.78	151.43

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