Granules India 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	2017 - 2021
Period Ending	Jun '25 Jun 30, 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	2017 - 2021
Operating Revenue	45,213	44,816	45,064	45,119	37,649	32,375	Upgrade
Other Revenue	-94.39	-	-	-	-	-	Upgrade
Revenue	45,118	44,816	45,064	45,119	37,649	32,375	Upgrade
Revenue Growth (YoY)	-4.02%	-0.55%	-0.12%	19.84%	16.29%	24.59%	Upgrade
Cost of Revenue	17,968	18,562	21,307	23,923	19,677	14,608	Upgrade
Gross Profit	27,150	26,254	23,757	21,196	17,972	17,767	Upgrade
Selling, General & Admin	7,143	6,751	6,243	4,871	4,123	4,223	Upgrade
Other Operating Expenses	10,588	9,958	8,837	7,104	6,514	4,828	Upgrade
Operating Expenses	20,212	19,031	17,228	13,820	12,223	10,591	Upgrade
Operating Income	6,938	7,224	6,528	7,376	5,749	7,176	Upgrade
Interest Expense	-574.24	-606.7	-717.59	-354.23	-118.4	-196.18	Upgrade
Interest & Investment Income	37.42	37.42	27.97	45.14	128.54	123.79	Upgrade
Currency Exchange Gain (Loss)	-1.32	-1.32	-18.58	-69.46	-65.09	-82.01	Upgrade
Other Non Operating Income (Expenses)	-191.24	-334.05	-324.57	-112.44	-66.18	78.37	Upgrade
EBT Excluding Unusual Items	6,209	6,319	5,495	6,885	5,628	7,100	Upgrade
Gain (Loss) on Sale of Investments	0.14	0.14	-	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-24.88	-24.88	-23.2	-13.71	-47.83	-3.92	Upgrade
Asset Writedown	-	-	-	-	-	-7.29	Upgrade
Other Unusual Items	48.39	307.5	-	-	-	-45.55	Upgrade
Pretax Income	6,233	6,602	5,472	6,872	5,580	7,044	Upgrade
Income Tax Expense	1,437	1,587	1,419	1,706	1,452	1,549	Upgrade
Net Income	4,795	5,015	4,053	5,166	4,128	5,495	Upgrade
Net Income to Common	4,795	5,015	4,053	5,166	4,128	5,495	Upgrade
Net Income Growth	-2.55%	23.74%	-21.54%	25.16%	-24.88%	63.82%	Upgrade
Shares Outstanding (Basic)	243	242	242	245	248	249	Upgrade
Shares Outstanding (Diluted)	243	243	242	246	249	250	Upgrade
Shares Change (YoY)	0.01%	0.06%	-1.38%	-1.15%	-0.67%	-1.88%	Upgrade
EPS (Basic)	19.77	20.69	16.73	21.05	16.65	22.05	Upgrade
EPS (Diluted)	19.77	20.68	16.72	21.00	16.60	21.95	Upgrade
EPS Growth	-2.55%	23.68%	-20.38%	26.51%	-24.37%	66.92%	Upgrade
Free Cash Flow	-	2,949	588.38	3,281	-656.51	1,611	Upgrade
Free Cash Flow Per Share	-	12.16	2.43	13.35	-2.64	6.44	Upgrade
Dividend Per Share	-	1.500	1.500	1.500	1.500	1.500	Upgrade
Dividend Growth	-	-	-	-	-	50.00%	Upgrade
Gross Margin	60.18%	58.58%	52.72%	46.98%	47.73%	54.88%	Upgrade
Operating Margin	15.38%	16.12%	14.49%	16.35%	15.27%	22.17%	Upgrade
Profit Margin	10.63%	11.19%	8.99%	11.45%	10.96%	16.97%	Upgrade
Free Cash Flow Margin	-	6.58%	1.31%	7.27%	-1.74%	4.98%	Upgrade
EBITDA	9,048	9,301	8,479	9,132	7,263	8,643	Upgrade
EBITDA Margin	20.05%	20.75%	18.82%	20.24%	19.29%	26.70%	Upgrade
D&A For EBITDA	2,110	2,078	1,950	1,756	1,514	1,466	Upgrade
EBIT	6,938	7,224	6,528	7,376	5,749	7,176	Upgrade
EBIT Margin	15.38%	16.12%	14.49%	16.35%	15.27%	22.17%	Upgrade
Effective Tax Rate	23.06%	24.03%	25.93%	24.82%	26.03%	21.99%	Upgrade
Revenue as Reported	45,390	44,945	45,108	45,257	37,825	32,644	Upgrade
Advertising Expenses	-	13.12	44.54	37.03	29.68	63.26	Upgrade

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