Lactose (India) 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
Revenue	1,633	1,164	1,139	657.96	459.39
Revenue Growth (YoY)	40.28%	2.20%	73.09%	43.23%	31.39%
Cost of Revenue	1,198	772.1	755.89	413.83	87.4
Gross Profit	434.65	391.89	383.01	244.13	371.99
Selling, General & Admin	140.78	140.98	119.27	82.59	138.04
Other Operating Expenses	110.1	78.66	71.29	45.65	110.38
Operating Expenses	308.3	273.55	242.74	175.09	294.01
Operating Income	126.34	118.35	140.27	69.04	77.98
Interest Expense	-50.86	-52.67	-52.23	-59.48	-50.96
Interest & Investment Income	-	6.67	3.75	3.49	2.15
Currency Exchange Gain (Loss)	-	4.47	5.05	1.35	1.82
Other Non Operating Income (Expenses)	10.72	-7.98	-0.3	-	-0.2
EBT Excluding Unusual Items	86.2	68.83	96.54	14.39	30.79
Gain (Loss) on Sale of Investments	-	-	-	-	0.87
Gain (Loss) on Sale of Assets	-	0.35	0.1	0.26	-
Pretax Income	86.2	69.18	96.64	14.64	31.66
Income Tax Expense	25.57	17.55	28.75	2.56	7.15
Net Income	60.63	51.63	67.89	12.09	24.51
Net Income to Common	60.63	51.63	67.89	12.09	24.51
Net Income Growth	17.43%	-23.95%	461.77%	-50.70%	-
Shares Outstanding (Basic)	13	13	13	13	12
Shares Outstanding (Diluted)	13	13	13	13	12
Shares Change (YoY)	1.93%	0.95%	-	7.75%	13.30%
EPS (Basic)	4.82	4.10	5.39	0.96	2.10
EPS (Diluted)	4.68	4.06	5.39	0.96	2.10
EPS Growth	15.27%	-24.68%	461.48%	-54.24%	-
Free Cash Flow	-49.27	-146.7	65.6	63.32	71.44
Free Cash Flow Per Share	-3.80	-11.54	5.21	5.03	6.11
Gross Margin	26.62%	33.67%	33.63%	37.10%	80.97%
Operating Margin	7.74%	10.17%	12.32%	10.49%	16.98%
Profit Margin	3.71%	4.44%	5.96%	1.84%	5.34%
Free Cash Flow Margin	-3.02%	-12.60%	5.76%	9.62%	15.55%
EBITDA	183.76	166.24	185.88	113.93	121.61
EBITDA Margin	11.25%	14.28%	16.32%	17.32%	26.47%
D&A For EBITDA	57.42	47.89	45.61	44.89	43.63
EBIT	126.34	118.35	140.27	69.04	77.98
EBIT Margin	7.74%	10.17%	12.32%	10.49%	16.98%
Effective Tax Rate	29.67%	25.37%	29.75%	17.47%	22.58%
Revenue as Reported	1,644	1,179	1,150	665.16	465.18
Advertising Expenses	-	8.96	6.44	1.09	-

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