Balmer Lawrie & 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	25,813	25,156	23,392	23,215	20,553	15,290
Revenue Growth (YoY)	3.91%	7.54%	0.76%	12.95%	34.43%	-0.35%
Cost of Revenue	16,868	16,802	15,663	16,468	14,604	10,032
Gross Profit	8,945	8,355	7,729	6,747	5,950	5,258
Selling, General & Admin	2,927	2,738	2,547	2,707	2,353	2,255
Other Operating Expenses	2,691	2,479	1,875	2,015	1,903	1,592
Operating Expenses	6,257	5,820	5,014	5,290	4,822	4,397
Operating Income	2,688	2,535	2,715	1,457	1,128	861.09
Interest Expense	-206.51	-172.43	-153.43	-128.43	-122.06	-110.21
Interest & Investment Income	300.59	300.59	358.93	165.23	177.48	292.77
Earnings From Equity Investments	650.6	644.57	363	607.61	453.01	327.02
Currency Exchange Gain (Loss)	17.95	17.95	20.62	18.34	10.2	-6.11
Other Non Operating Income (Expenses)	14.01	70	60.4	118.5	133.82	184.36
EBT Excluding Unusual Items	3,465	3,395	3,364	2,239	1,780	1,549
Gain (Loss) on Sale of Investments	-	-	-249.51	-	-	4.92
Gain (Loss) on Sale of Assets	18.35	18.35	2.75	13.05	34.38	1.16
Asset Writedown	-11.13	-11.13	-9.75	-0.81	-1.46	-0.14
Pretax Income	3,472	3,403	3,108	2,251	1,813	1,555
Income Tax Expense	861.79	809.91	751.82	574.43	473.38	401.91
Earnings From Continuing Operations	2,610	2,593	2,356	1,676	1,340	1,153
Minority Interest in Earnings	62.04	66.83	41.54	42.17	35.87	50.35
Net Income	2,672	2,660	2,398	1,719	1,376	1,203
Net Income to Common	2,672	2,660	2,398	1,719	1,376	1,203
Net Income Growth	1.01%	10.93%	39.52%	24.91%	14.34%	-25.37%
Shares Outstanding (Basic)	171	171	171	171	171	171
Shares Outstanding (Diluted)	171	171	171	171	171	171
Shares Change (YoY)	0.06%	-	-	-	-	-0.01%
EPS (Basic)	15.62	15.55	14.02	10.05	8.05	7.04
EPS (Diluted)	15.62	15.55	14.02	10.05	8.05	7.04
EPS Growth	0.93%	10.91%	39.51%	24.91%	14.34%	-25.36%
Free Cash Flow	-	883.01	2,216	1,554	-206.86	1,998
Free Cash Flow Per Share	-	5.16	12.96	9.09	-1.21	11.68
Dividend Per Share	-	8.500	8.500	7.500	6.500	6.000
Dividend Growth	-	-	13.33%	15.38%	8.33%	-20.00%
Gross Margin	34.65%	33.21%	33.04%	29.06%	28.95%	34.39%
Operating Margin	10.41%	10.08%	11.61%	6.28%	5.49%	5.63%
Profit Margin	10.35%	10.57%	10.25%	7.40%	6.69%	7.87%
Free Cash Flow Margin	-	3.51%	9.47%	6.69%	-1.01%	13.07%
EBITDA	3,113	2,952	3,122	1,867	1,529	1,241
EBITDA Margin	12.06%	11.73%	13.35%	8.04%	7.44%	8.12%
D&A For EBITDA	424.65	417.17	407.19	409.96	400.79	380.32
EBIT	2,688	2,535	2,715	1,457	1,128	861.09
EBIT Margin	10.41%	10.08%	11.61%	6.28%	5.49%	5.63%
Effective Tax Rate	24.82%	23.80%	24.19%	25.52%	26.11%	25.85%
Revenue as Reported	26,257	25,657	23,903	23,581	20,925	15,782

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