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	2016 - 2020
Period Ending	Sep '25 Sep 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	2016 - 2020
Operating Revenue	6,547	6,222	5,165	4,722	4,324	3,815	Upgrade
Other Revenue	-	-	-	-	-	-0	Upgrade
Revenue	6,547	6,222	5,165	4,722	4,324	3,815	Upgrade
Revenue Growth (YoY)	12.90%	20.48%	9.36%	9.22%	13.34%	28.81%	Upgrade
Cost of Revenue	3,809	3,631	2,942	2,794	2,315	1,886	Upgrade
Gross Profit	2,738	2,591	2,223	1,929	2,009	1,929	Upgrade
Selling, General & Admin	2,004	1,920	1,669	1,451	712.53	660.7	Upgrade
Other Operating Expenses	-	-	-	-	828.75	678.13	Upgrade
Operating Expenses	2,105	2,013	1,746	1,529	1,599	1,404	Upgrade
Operating Income	632.75	577.92	476.93	399.33	409.59	524.41	Upgrade
Interest Expense	-188.39	-173.62	-213.07	-217.15	-233.19	-241.91	Upgrade
Interest & Investment Income	5.84	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	28.71	19.46	82.66	35.86	-21.33	Upgrade
Other Non Operating Income (Expenses)	33.43	-5.87	-1.37	-12.38	-11.07	-16.43	Upgrade
EBT Excluding Unusual Items	512.33	432.98	283.83	253.93	190.43	238.17	Upgrade
Gain (Loss) on Sale of Investments	7.8	7.8	-	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	3.1	3.1	-	-0.27	0.15	0.22	Upgrade
Legal Settlements	-	-	-	-	-0.72	-	Upgrade
Other Unusual Items	-	-	-	-	-0.44	-	Upgrade
Pretax Income	523.23	443.88	283.83	253.66	189.43	238.4	Upgrade
Income Tax Expense	149.01	108.94	99.84	94.36	73.38	74.43	Upgrade
Earnings From Continuing Operations	374.22	334.94	184	159.3	116.05	163.97	Upgrade
Minority Interest in Earnings	5.01	5.29	10.32	12	16.86	15.6	Upgrade
Net Income	379.23	340.23	194.31	171.29	132.9	179.57	Upgrade
Net Income to Common	379.23	340.23	194.31	171.29	132.9	179.57	Upgrade
Net Income Growth	33.88%	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)	-0.01%	-	-	0.00%	-	-0.00%	Upgrade
EPS (Basic)	29.16	26.16	14.94	13.17	10.22	13.81	Upgrade
EPS (Diluted)	29.16	26.16	14.94	13.17	10.22	13.81	Upgrade
EPS Growth	33.89%	75.09%	13.44%	28.88%	-25.99%	84.32%	Upgrade
Free Cash Flow	303.42	727.6	460.8	389.64	622.88	420.17	Upgrade
Free Cash Flow Per Share	23.33	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	41.82%	41.65%	43.04%	40.84%	46.46%	50.56%	Upgrade
Operating Margin	9.66%	9.29%	9.23%	8.46%	9.47%	13.75%	Upgrade
Profit Margin	5.79%	5.47%	3.76%	3.63%	3.07%	4.71%	Upgrade
Free Cash Flow Margin	4.63%	11.69%	8.92%	8.25%	14.41%	11.02%	Upgrade
EBITDA	709.39	646.32	527.99	440.04	443.75	551.52	Upgrade
EBITDA Margin	10.84%	10.39%	10.22%	9.32%	10.26%	14.46%	Upgrade
D&A For EBITDA	76.64	68.4	51.06	40.71	34.15	27.11	Upgrade
EBIT	632.75	577.92	476.93	399.33	409.59	524.41	Upgrade
EBIT Margin	9.66%	9.29%	9.23%	8.46%	9.47%	13.75%	Upgrade
Effective Tax Rate	28.48%	24.54%	35.17%	37.20%	38.74%	31.22%	Upgrade
Revenue as Reported	6,635	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.