El Forge 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	804.08	761.3	683.22	584.63	403.36
Other Revenue	-	-	-	0.48	1.5
Revenue	804.08	761.3	683.22	585.11	404.86
Revenue Growth (YoY)	5.62%	11.43%	16.77%	44.52%	47.65%
Cost of Revenue	461.07	459.2	400.52	333.5	232.34
Gross Profit	343.01	302.1	282.7	251.62	172.52
Selling, General & Admin	123.67	114.66	102.98	99.87	77.99
Other Operating Expenses	177.13	147.16	129.71	112.67	82.5
Operating Expenses	319.05	280.2	251.11	261.41	222.22
Operating Income	23.97	21.89	31.59	-9.79	-49.7
Interest Expense	-4.97	-4.69	-4.69	-3.89	-4.24
Interest & Investment Income	-	2.3	1.34	0	0
Currency Exchange Gain (Loss)	-	0.07	0.06	0.02	0.03
Other Non Operating Income (Expenses)	4.86	1.98	1.32	-0.09	-0.09
EBT Excluding Unusual Items	23.86	21.55	29.61	-13.75	-54
Gain (Loss) on Sale of Assets	-	1.43	1.07	-	-
Asset Writedown	-	-	-	-6.12	-3.57
Other Unusual Items	0.49	-	680.54	-3.2	17.89
Pretax Income	24.35	22.98	711.22	-23.07	-39.69
Net Income	24.35	22.98	711.22	-23.07	-39.69
Net Income to Common	24.35	22.98	711.22	-23.07	-39.69
Net Income Growth	5.98%	-96.77%	-	-	-
Shares Outstanding (Basic)	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20
Shares Change (YoY)	-0.15%	-	-	-	-
EPS (Basic)	1.20	1.13	34.99	-1.13	-1.95
EPS (Diluted)	1.20	1.13	34.99	-1.13	-1.95
EPS Growth	6.19%	-96.77%	-	-	-
Free Cash Flow	14.66	10.45	8.63	14.98	-8.73
Free Cash Flow Per Share	0.72	0.51	0.42	0.74	-0.43
Gross Margin	42.66%	39.68%	41.38%	43.00%	42.61%
Operating Margin	2.98%	2.88%	4.62%	-1.67%	-12.28%
Profit Margin	3.03%	3.02%	104.10%	-3.94%	-9.80%
Free Cash Flow Margin	1.82%	1.37%	1.26%	2.56%	-2.15%
EBITDA	42.22	39.87	49.92	39.08	12.03
EBITDA Margin	5.25%	5.24%	7.31%	6.68%	2.97%
D&A For EBITDA	18.26	17.97	18.33	48.87	61.73
EBIT	23.97	21.89	31.59	-9.79	-49.7
EBIT Margin	2.98%	2.88%	4.62%	-1.67%	-12.28%
Revenue as Reported	808.94	767.17	687.28	585.13	405.04

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