Star Cement Limited (BOM:540575)

Star Cement Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	34,938	31,634	29,107	27,048	22,218	17,199
Other Revenue	-32.03	-32.03	-	-	-	-
Revenue	34,906	31,602	29,107	27,048	22,218	17,199
Revenue Growth (YoY)	18.02%	8.57%	7.61%	21.74%	29.18%	-6.69%
Cost of Revenue	10,628	10,753	10,388	8,978	10,322	4,288
Gross Profit	24,278	20,849	18,718	18,071	11,896	12,911
Selling, General & Admin	12,651	11,509	10,131	10,376	6,420	1,570
Other Operating Expenses	3,807	3,588	3,035	3,011	2,024	8,015
Operating Expenses	19,981	18,415	14,633	14,698	9,660	10,485
Operating Income	4,297	2,433	4,086	3,373	2,236	2,426
Interest Expense	-380.39	-298.26	-108.28	-78.53	-108.68	-52.08
Interest & Investment Income	32.03	32.03	199.09	433.48	331.24	272.57
Currency Exchange Gain (Loss)	0.43	0.43	-	-	-	-
Other Non Operating Income (Expenses)	56.94	34.44	-0.4	13.04	-23.02	-8.83
EBT Excluding Unusual Items	4,006	2,202	4,176	3,741	2,436	2,638
Gain (Loss) on Sale of Investments	0.24	0.24	1.15	0.68	0.78	0.65
Gain (Loss) on Sale of Assets	1.9	1.9	11.5	0.18	-	-
Other Unusual Items	32.6	32.6	47.08	55.03	-	-645.74
Pretax Income	4,061	2,257	4,236	3,797	2,437	1,993
Income Tax Expense	1,047	568.52	1,285	1,321	-31.21	121.34
Earnings From Continuing Operations	3,014	1,688	2,951	2,476	2,468	1,871
Minority Interest in Earnings	10.56	-	-	-	-	-
Net Income	3,025	1,688	2,951	2,476	2,468	1,871
Net Income to Common	3,025	1,688	2,951	2,476	2,468	1,871
Net Income Growth	52.78%	-42.79%	19.19%	0.34%	31.87%	-34.47%
Shares Outstanding (Basic)	404	404	404	404	409	412
Shares Outstanding (Diluted)	404	404	404	404	409	412
Shares Change (YoY)	0.01%	-	-	-1.08%	-0.93%	-1.02%
EPS (Basic)	7.49	4.18	7.30	6.13	6.04	4.54
EPS (Diluted)	7.49	4.18	7.30	6.13	6.04	4.54
EPS Growth	52.80%	-42.78%	19.16%	1.43%	33.11%	-33.76%
Free Cash Flow	-265.54	-2,847	-5,467	-2,134	2,176	2,425
Free Cash Flow Per Share	-0.66	-7.04	-13.53	-5.28	5.33	5.88
Gross Margin	69.55%	65.97%	64.31%	66.81%	53.54%	75.07%
Operating Margin	12.31%	7.70%	14.04%	12.47%	10.06%	14.11%
Profit Margin	8.67%	5.34%	10.14%	9.15%	11.11%	10.88%
Free Cash Flow Margin	-0.76%	-9.01%	-18.78%	-7.89%	9.79%	14.10%
EBITDA	7,752	5,685	5,486	4,646	3,425	3,304
EBITDA Margin	22.21%	17.99%	18.85%	17.18%	15.42%	19.21%
D&A For EBITDA	3,455	3,251	1,401	1,273	1,189	878.12
EBIT	4,297	2,433	4,086	3,373	2,236	2,426
EBIT Margin	12.31%	7.70%	14.04%	12.47%	10.06%	14.11%
Effective Tax Rate	25.77%	25.19%	30.33%	34.78%	-	6.09%
Revenue as Reported	35,066	31,740	29,371	27,569	22,552	17,482
Advertising Expenses	-	725.27	543.3	468.27	518.21	219.3

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.