Nova Iron & Steel 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	4,255	4,169	5,638	6,981	6,054	3,448
Other Revenue	-16.05	-	-	-	-	-
Revenue	4,239	4,169	5,638	6,981	6,054	3,448
Revenue Growth (YoY)	-12.41%	-26.05%	-19.24%	15.31%	75.57%	560.47%
Cost of Revenue	3,965	3,803	5,348	6,602	5,790	3,250
Gross Profit	274.22	366.46	289.75	378.6	263.89	198.55
Selling, General & Admin	193.43	171.49	120.33	85.15	72.17	68.07
Other Operating Expenses	108.64	108.64	144.64	34.37	-17.26	-6.66
Operating Expenses	511.72	474.86	716.3	218.63	154.22	148.55
Operating Income	-237.49	-108.4	-426.55	159.96	109.68	50
Interest Expense	-105.06	-110.5	-245.22	-172.58	-248.75	-5.41
Interest & Investment Income	5.64	5.64	3.38	7.57	10.26	7.34
Currency Exchange Gain (Loss)	-0.55	-0.55	-	-	3.19	-
Other Non Operating Income (Expenses)	23.71	23.71	48.27	25.5	18.22	-0.14
EBT Excluding Unusual Items	-313.75	-190.1	-620.11	20.45	-107.4	51.79
Gain (Loss) on Sale of Assets	6.71	6.71	-	4.89	-	-
Asset Writedown	-	-	-1,467	-	-	-
Other Unusual Items	1,689	1,581	812.77	8.72	-	-
Pretax Income	1,382	1,397	-1,275	34.06	-107.4	51.79
Income Tax Expense	-90.48	-90.48	-336.55	51.99	40.43	170.91
Net Income	1,473	1,488	-938.01	-17.93	-147.82	-119.12
Net Income to Common	1,473	1,488	-938.01	-17.93	-147.82	-119.12
Shares Outstanding (Basic)	36	36	36	36	36	36
Shares Outstanding (Diluted)	36	36	36	36	36	36
Shares Change (YoY)	-0.03%	-	-	-	-	-
EPS (Basic)	40.81	41.17	-25.96	-0.50	-4.09	-3.30
EPS (Diluted)	40.81	41.17	-25.96	-0.50	-4.09	-3.30
Free Cash Flow	-	-140.77	-467.76	85.95	34.07	176.22
Free Cash Flow Per Share	-	-3.90	-12.94	2.38	0.94	4.88
Gross Margin	6.47%	8.79%	5.14%	5.42%	4.36%	5.76%
Operating Margin	-5.60%	-2.60%	-7.57%	2.29%	1.81%	1.45%
Profit Margin	34.74%	35.69%	-16.64%	-0.26%	-2.44%	-3.45%
Free Cash Flow Margin	-	-3.38%	-8.30%	1.23%	0.56%	5.11%
EBITDA	-238.27	84.35	24.24	258.54	208.44	137.14
EBITDA Margin	-5.62%	2.02%	0.43%	3.70%	3.44%	3.98%
D&A For EBITDA	-0.78	192.75	450.79	98.57	98.76	87.14
EBIT	-237.49	-108.4	-426.55	159.96	109.68	50
EBIT Margin	-5.60%	-2.60%	-7.57%	2.29%	1.81%	1.45%
Effective Tax Rate	-	-	-	152.66%	-	330.01%
Revenue as Reported	4,269	4,198	5,690	7,022	6,138	3,515
Advertising Expenses	-	0.14	0.25	0.2	0.1	0.1

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