Vedavaag Systems 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
Period Ending	Dec '25 Dec 31, 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
Operating Revenue	1,081	1,058	867.04	850.06	954.6	721.76
Revenue	1,081	1,058	867.04	850.06	954.6	721.76
Revenue Growth (YoY)	8.36%	22.01%	2.00%	-10.95%	32.26%	-6.47%
Cost of Revenue	860.15	865.14	665.54	648.41	744.3	514.49
Gross Profit	221.11	192.73	201.5	201.65	210.29	207.27
Selling, General & Admin	5.84	5.84	5.19	5.88	5.32	3.04
Other Operating Expenses	117.36	30.65	29.39	32.53	34.27	54.82
Operating Expenses	134.45	69.14	101.43	101.42	98.88	115.51
Operating Income	86.65	123.58	100.07	100.23	111.42	91.76
Interest Expense	-13.9	-11.57	-1.98	-0.34	-1.1	-0.6
Interest & Investment Income	1.32	1.32	0.78	1.22	0.55	4.79
Other Non Operating Income (Expenses)	0.11	0.11	0.1	0.33	0.48	0.67
Pretax Income	74.18	113.44	98.97	101.44	111.35	96.63
Income Tax Expense	19.29	29.31	20.07	25.65	28.31	26.61
Net Income	54.89	84.13	78.9	75.78	83.04	70.02
Net Income to Common	54.89	84.13	78.9	75.78	83.04	70.02
Net Income Growth	-45.70%	6.63%	4.11%	-8.74%	18.60%	12.08%
Shares Outstanding (Basic)	24	23	23	23	23	23
Shares Outstanding (Diluted)	24	23	23	23	23	23
Shares Change (YoY)	3.17%	1.28%	-	-	-	-
EPS (Basic)	2.32	3.62	3.44	3.31	3.62	3.05
EPS (Diluted)	2.32	3.62	3.44	3.31	3.62	3.05
EPS Growth	-47.42%	5.23%	4.06%	-8.73%	18.60%	12.08%
Free Cash Flow	-	-58.84	47.61	26.2	20.07	26.45
Free Cash Flow Per Share	-	-2.53	2.08	1.14	0.88	1.15
Dividend Per Share	-	-	0.750	0.600	0.600	0.600
Dividend Growth	-	-	25.00%	-	-	-40.00%
Gross Margin	20.45%	18.22%	23.24%	23.72%	22.03%	28.72%
Operating Margin	8.01%	11.68%	11.54%	11.79%	11.67%	12.71%
Profit Margin	5.08%	7.95%	9.10%	8.91%	8.70%	9.70%
Free Cash Flow Margin	-	-5.56%	5.49%	3.08%	2.10%	3.66%
EBITDA	104.15	138.93	112.55	113.89	126.37	108.07
EBITDA Margin	9.63%	13.13%	12.98%	13.40%	13.24%	14.97%
D&A For EBITDA	17.5	15.35	12.47	13.66	14.95	16.31
EBIT	86.65	123.58	100.07	100.23	111.42	91.76
EBIT Margin	8.01%	11.68%	11.54%	11.79%	11.67%	12.71%
Effective Tax Rate	26.00%	25.84%	20.28%	25.29%	25.42%	27.54%
Revenue as Reported	1,083	1,059	867.92	851.61	955.63	727.22

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.