Surana Solar 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	208.34	388	177.06	421.83	248.31
Other Revenue	69.28	-	-	-	-
Revenue	277.62	388	177.06	421.83	248.31
Revenue Growth (YoY)	-28.45%	119.13%	-58.03%	69.88%	-11.13%
Cost of Revenue	186.53	349.36	125.57	362.49	182.39
Gross Profit	91.09	38.64	51.5	59.35	65.92
Selling, General & Admin	18.02	11.55	11.05	13.14	6.24
Other Operating Expenses	35.2	22.37	18.58	32.02	20.73
Operating Expenses	73.23	48.54	48.09	70.82	57.11
Operating Income	17.86	-9.9	3.41	-11.47	8.81
Interest Expense	-2.26	-0.15	-0.09	-0.89	-2.15
Interest & Investment Income	-	9.37	7.77	7.42	5.64
Currency Exchange Gain (Loss)	-	-	-	1.29	0.81
Other Non Operating Income (Expenses)	0	-1.49	2.33	-1	-1.06
EBT Excluding Unusual Items	15.6	-2.17	13.42	-4.65	12.06
Gain (Loss) on Sale of Investments	-	0.91	0.41	38.09	-
Gain (Loss) on Sale of Assets	-	0.58	-22.86	-0.31	0.13
Pretax Income	15.6	-0.69	-9.03	33.14	12.19
Income Tax Expense	3.21	-0.16	3.56	10.29	3.73
Net Income	12.4	-0.53	-12.59	22.85	8.46
Net Income to Common	12.4	-0.53	-12.59	22.85	8.46
Net Income Growth	-	-	-	170.15%	300.85%
Shares Outstanding (Basic)	50	49	49	49	49
Shares Outstanding (Diluted)	50	49	49	49	49
Shares Change (YoY)	0.78%	-	-	-	-
EPS (Basic)	0.25	-0.01	-0.26	0.46	0.17
EPS (Diluted)	0.25	-0.01	-0.26	0.46	0.17
EPS Growth	-	-	-	170.59%	325.00%
Free Cash Flow	-105.02	2.69	1.13	97.22	-84.7
Free Cash Flow Per Share	-2.12	0.06	0.02	1.98	-1.72
Gross Margin	32.81%	9.96%	29.08%	14.07%	26.55%
Operating Margin	6.43%	-2.55%	1.93%	-2.72%	3.55%
Profit Margin	4.46%	-0.14%	-7.11%	5.42%	3.41%
Free Cash Flow Margin	-37.83%	0.69%	0.64%	23.05%	-34.11%
EBITDA	37.87	4.72	21.87	14.18	38.95
EBITDA Margin	13.64%	1.22%	12.35%	3.36%	15.68%
D&A For EBITDA	20.01	14.62	18.46	25.65	30.14
EBIT	17.86	-9.9	3.41	-11.47	8.81
EBIT Margin	6.43%	-2.55%	1.93%	-2.72%	3.55%
Effective Tax Rate	20.54%	-	-	31.04%	30.60%
Revenue as Reported	277.62	399.81	188.65	469.64	257.06
Advertising Expenses	-	1.38	1.09	3.44	1.29

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