Aries Agro 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	6,468	6,222	5,165	4,722	4,324	3,815	Upgrade
Other Revenue	-0	-	-	-	-	-0	Upgrade
Revenue	6,468	6,222	5,165	4,722	4,324	3,815	Upgrade
Revenue Growth (YoY)	18.80%	20.48%	9.36%	9.22%	13.34%	28.81%	Upgrade
Cost of Revenue	3,788	3,631	2,942	2,794	2,315	1,886	Upgrade
Gross Profit	2,681	2,591	2,223	1,929	2,009	1,929	Upgrade
Selling, General & Admin	1,954	1,920	1,669	1,451	712.53	660.7	Upgrade
Other Operating Expenses	-	-	-	-	828.75	678.13	Upgrade
Operating Expenses	2,054	2,013	1,746	1,529	1,599	1,404	Upgrade
Operating Income	626.56	577.92	476.93	399.33	409.59	524.41	Upgrade
Interest Expense	-203.65	-173.62	-213.07	-217.15	-233.19	-241.91	Upgrade
Interest & Investment Income	-	5.84	1.88	1.47	2.63	1.18	Upgrade
Earnings From Equity Investments	-	-	-	-	-13.39	-7.75	Upgrade
Currency Exchange Gain (Loss)	-	28.71	19.46	82.66	35.86	-21.33	Upgrade
Other Non Operating Income (Expenses)	59.77	-5.87	-1.37	-12.38	-11.07	-16.43	Upgrade
EBT Excluding Unusual Items	482.68	432.98	283.83	253.93	190.43	238.17	Upgrade
Gain (Loss) on Sale of Investments	-	7.8	-	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-	3.1	-	-0.27	0.15	0.22	Upgrade
Legal Settlements	-	-	-	-	-0.72	-	Upgrade
Other Unusual Items	-	-	-	-	-0.44	-	Upgrade
Pretax Income	482.68	443.88	283.83	253.66	189.43	238.4	Upgrade
Income Tax Expense	120.04	108.94	99.84	94.36	73.38	74.43	Upgrade
Earnings From Continuing Operations	362.64	334.94	184	159.3	116.05	163.97	Upgrade
Minority Interest in Earnings	5.19	5.29	10.32	12	16.86	15.6	Upgrade
Net Income	367.83	340.23	194.31	171.29	132.9	179.57	Upgrade
Net Income to Common	367.83	340.23	194.31	171.29	132.9	179.57	Upgrade
Net Income Growth	67.58%	75.09%	13.44%	28.89%	-25.99%	84.32%	Upgrade
Shares Outstanding (Basic)	13	13	13	13	13	13	Upgrade
Shares Outstanding (Diluted)	13	13	13	13	13	13	Upgrade
Shares Change (YoY)	0.02%	-	-	0.00%	-	-0.00%	Upgrade
EPS (Basic)	28.28	26.16	14.94	13.17	10.22	13.81	Upgrade
EPS (Diluted)	28.28	26.16	14.94	13.17	10.22	13.81	Upgrade
EPS Growth	67.54%	75.09%	13.44%	28.88%	-25.99%	84.32%	Upgrade
Free Cash Flow	-	727.6	460.8	389.64	622.88	420.17	Upgrade
Free Cash Flow Per Share	-	55.95	35.44	29.96	47.90	32.31	Upgrade
Dividend Per Share	-	1.200	1.000	1.000	0.800	0.800	Upgrade
Dividend Growth	-	20.00%	-	25.00%	-	60.00%	Upgrade
Gross Margin	41.44%	41.65%	43.04%	40.84%	46.46%	50.56%	Upgrade
Operating Margin	9.69%	9.29%	9.23%	8.46%	9.47%	13.75%	Upgrade
Profit Margin	5.69%	5.47%	3.76%	3.63%	3.07%	4.71%	Upgrade
Free Cash Flow Margin	-	11.69%	8.92%	8.25%	14.41%	11.02%	Upgrade
EBITDA	730.49	646.32	527.99	440.04	443.75	551.52	Upgrade
EBITDA Margin	11.29%	10.39%	10.22%	9.32%	10.26%	14.46%	Upgrade
D&A For EBITDA	103.93	68.4	51.06	40.71	34.15	27.11	Upgrade
EBIT	626.56	577.92	476.93	399.33	409.59	524.41	Upgrade
EBIT Margin	9.69%	9.29%	9.23%	8.46%	9.47%	13.75%	Upgrade
Effective Tax Rate	24.87%	24.54%	35.17%	37.20%	38.74%	31.22%	Upgrade
Revenue as Reported	6,528	6,271	5,194	4,811	4,363	3,817	Upgrade
Advertising Expenses	-	433.73	371.16	283.47	234.09	235.83	Upgrade

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