Star Cement 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	37,765	31,634	29,107	27,048	22,218
Other Revenue	192.61	-32.03	-	-	-
Revenue	37,957	31,602	29,107	27,048	22,218
Revenue Growth (YoY)	20.11%	8.57%	7.61%	21.74%	29.18%
Cost of Revenue	10,540	10,753	10,388	8,978	10,322
Gross Profit	27,418	20,849	18,718	18,071	11,896
Selling, General & Admin	13,126	11,509	10,131	10,376	6,420
Other Operating Expenses	4,739	3,588	3,035	3,011	2,024
Operating Expenses	21,518	18,415	14,633	14,698	9,660
Operating Income	5,899	2,433	4,086	3,373	2,236
Interest Expense	-463.05	-298.26	-108.28	-78.53	-108.68
Interest & Investment Income	-	32.03	199.09	433.48	331.24
Currency Exchange Gain (Loss)	-	0.43	-	-	-
Other Non Operating Income (Expenses)	-	34.44	-0.4	13.04	-23.02
EBT Excluding Unusual Items	5,436	2,202	4,176	3,741	2,436
Gain (Loss) on Sale of Investments	-	0.24	1.15	0.68	0.78
Gain (Loss) on Sale of Assets	-	1.9	11.5	0.18	-
Other Unusual Items	-113.2	32.6	47.08	55.03	-
Pretax Income	5,323	2,257	4,236	3,797	2,437
Income Tax Expense	1,418	568.52	1,285	1,321	-31.21
Earnings From Continuing Operations	3,905	1,688	2,951	2,476	2,468
Minority Interest in Earnings	29.68	-	-	-	-
Net Income	3,934	1,688	2,951	2,476	2,468
Net Income to Common	3,934	1,688	2,951	2,476	2,468
Net Income Growth	133.04%	-42.79%	19.19%	0.34%	31.87%
Shares Outstanding (Basic)	404	404	404	404	409
Shares Outstanding (Diluted)	404	404	404	404	409
Shares Change (YoY)	0.04%	-	-	-1.08%	-0.93%
EPS (Basic)	9.73	4.18	7.30	6.13	6.04
EPS (Diluted)	9.73	4.18	7.30	6.13	6.04
EPS Growth	132.95%	-42.78%	19.16%	1.43%	33.11%
Free Cash Flow	2,717	-2,847	-5,467	-2,134	2,176
Free Cash Flow Per Share	6.72	-7.04	-13.53	-5.28	5.33
Gross Margin	72.23%	65.97%	64.31%	66.81%	53.54%
Operating Margin	15.54%	7.70%	14.04%	12.47%	10.06%
Profit Margin	10.37%	5.34%	10.14%	9.15%	11.11%
Free Cash Flow Margin	7.16%	-9.01%	-18.78%	-7.89%	9.79%
EBITDA	9,483	5,685	5,486	4,646	3,425
EBITDA Margin	24.98%	17.99%	18.85%	17.18%	15.42%
D&A For EBITDA	3,584	3,251	1,401	1,273	1,189
EBIT	5,899	2,433	4,086	3,373	2,236
EBIT Margin	15.54%	7.70%	14.04%	12.47%	10.06%
Effective Tax Rate	26.65%	25.19%	30.33%	34.78%	-
Revenue as Reported	37,957	31,740	29,371	27,569	22,552
Advertising Expenses	-	725.27	543.3	468.27	518.21

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