Steel Exchange India 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	10,594	11,440	10,913	13,883	11,006
Other Revenue	69.79	-	-	-	-
Revenue	10,664	11,440	10,913	13,883	11,006
Revenue Growth (YoY)	-6.78%	4.83%	-21.39%	26.14%	22.50%
Cost of Revenue	7,903	8,917	8,804	11,694	8,826
Gross Profit	2,761	2,523	2,109	2,189	2,180
Selling, General & Admin	464.43	393.73	361.21	331.72	300.08
Other Operating Expenses	892.97	891.21	806.9	912.79	833.76
Operating Expenses	1,664	1,516	1,337	1,466	1,352
Operating Income	1,097	1,007	771.73	722.78	827.65
Interest Expense	-694.64	-659.29	-682.45	-1,001	-875.2
Interest & Investment Income	-	20.08	5.76	5	5.36
Currency Exchange Gain (Loss)	-	-	-	-	-4.55
Other Non Operating Income (Expenses)	-0	-75.91	-82.36	-10.52	49.45
EBT Excluding Unusual Items	402.45	291.69	12.68	-284.09	2.71
Gain (Loss) on Sale of Assets	-	163.3	0.04	0.86	142.13
Pretax Income	402.45	454.98	12.71	-283.24	144.83
Income Tax Expense	132.54	195.64	-96.15	305.28	-1,020
Net Income	269.91	259.34	108.86	-588.51	1,165
Net Income to Common	269.91	259.34	108.86	-588.51	1,165
Net Income Growth	4.08%	138.24%	-	-	-16.78%
Shares Outstanding (Basic)	1,227	1,198	1,165	826	867
Shares Outstanding (Diluted)	1,227	1,198	1,165	826	872
Shares Change (YoY)	2.44%	2.76%	41.03%	-5.26%	13.74%
EPS (Basic)	0.22	0.22	0.09	-0.71	1.34
EPS (Diluted)	0.22	0.22	0.09	-0.71	1.34
EPS Growth	1.60%	140.61%	-	-	-26.83%
Free Cash Flow	-429.66	35.01	-972.93	1,217	-30.48
Free Cash Flow Per Share	-0.35	0.03	-0.83	1.47	-0.04
Gross Margin	25.89%	22.05%	19.33%	15.77%	19.80%
Operating Margin	10.29%	8.80%	7.07%	5.21%	7.52%
Profit Margin	2.53%	2.27%	1.00%	-4.24%	10.58%
Free Cash Flow Margin	-4.03%	0.31%	-8.91%	8.76%	-0.28%
EBITDA	1,380	1,243	984.8	966.53	1,065
EBITDA Margin	12.94%	10.86%	9.02%	6.96%	9.68%
D&A For EBITDA	283.21	235.73	213.07	243.75	237.52
EBIT	1,097	1,007	771.73	722.78	827.65
EBIT Margin	10.29%	8.80%	7.07%	5.21%	7.52%
Effective Tax Rate	32.93%	43.00%	-	-	-
Revenue as Reported	10,664	11,634	10,933	13,934	11,209
Advertising Expenses	-	3.69	7.09	7.84	2.53

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