Dalmia Bharat 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
Revenue	146,500	139,800	146,910	135,520	112,860	101,100
Revenue Growth (YoY)	3.20%	-4.84%	8.40%	20.08%	11.63%	4.51%
Cost of Revenue	56,440	55,940	61,840	60,010	43,240	34,140
Gross Profit	90,060	83,860	85,070	75,510	69,620	66,960
Selling, General & Admin	43,460	43,570	43,110	38,060	32,760	28,570
Other Operating Expenses	16,990	16,350	15,710	14,290	12,530	10,710
Operating Expenses	71,900	71,700	71,770	63,370	55,610	49,750
Operating Income	18,160	12,160	13,300	12,140	14,010	17,210
Interest Expense	-4,370	-3,830	-3,710	-2,160	-1,790	-3,140
Interest & Investment Income	1,410	1,410	1,940	740	870	1,300
Earnings From Equity Investments	-	-	-	5,540	50	-10
Currency Exchange Gain (Loss)	-	-	-	-10	-30	230
Other Non Operating Income (Expenses)	230	60	240	40	-30	-10
EBT Excluding Unusual Items	15,430	9,800	11,770	16,290	13,080	15,580
Impairment of Goodwill	-1,530	-1,530	-2,030	-2,030	-2,190	-2,090
Gain (Loss) on Sale of Investments	970	970	820	320	400	440
Gain (Loss) on Sale of Assets	60	60	140	30	60	40
Other Unusual Items	-160	-1,130	10	-1,360	170	-340
Pretax Income	14,770	8,170	10,710	13,250	11,520	13,630
Income Tax Expense	2,760	1,180	2,160	2,420	3,150	1,780
Earnings From Continuing Operations	12,010	6,990	8,550	10,830	8,370	11,850
Earnings From Discontinued Operations	-	-	-20	-40	80	-20
Net Income to Company	12,010	6,990	8,530	10,790	8,450	11,830
Minority Interest in Earnings	-150	-160	-270	-440	-290	-120
Net Income	11,860	6,830	8,260	10,350	8,160	11,710
Net Income to Common	11,860	6,830	8,260	10,350	8,160	11,710
Net Income Growth	110.66%	-17.31%	-20.19%	26.84%	-30.32%	422.77%
Shares Outstanding (Basic)	188	188	188	187	187	188
Shares Outstanding (Diluted)	188	188	188	188	187	188
Shares Change (YoY)	-0.02%	0.01%	0.01%	0.09%	-0.23%	-2.86%
EPS (Basic)	63.24	36.42	44.05	55.22	43.60	62.45
EPS (Diluted)	63.24	36.41	43.99	55.20	43.53	62.35
EPS Growth	110.69%	-17.24%	-20.30%	26.81%	-30.19%	438.46%
Free Cash Flow	-	-5,470	-1,920	-4,570	1,630	25,690
Free Cash Flow Per Share	-	-29.16	-10.24	-24.37	8.70	136.80
Dividend Per Share	9.000	9.000	9.000	9.000	9.000	1.330
Dividend Growth	-	-	-	-	576.69%	-33.50%
Gross Margin	61.47%	59.99%	57.91%	55.72%	61.69%	66.23%
Operating Margin	12.40%	8.70%	9.05%	8.96%	12.41%	17.02%
Profit Margin	8.10%	4.89%	5.62%	7.64%	7.23%	11.58%
Free Cash Flow Margin	-	-3.91%	-1.31%	-3.37%	1.44%	25.41%
EBITDA	29,460	24,780	27,680	24,760	25,920	29,180
EBITDA Margin	20.11%	17.72%	18.84%	18.27%	22.97%	28.86%
D&A For EBITDA	11,300	12,620	14,380	12,620	11,910	11,970
EBIT	18,160	12,160	13,300	12,140	14,010	17,210
EBIT Margin	12.40%	8.70%	9.05%	8.96%	12.41%	17.02%
Effective Tax Rate	18.69%	14.44%	20.17%	18.26%	27.34%	13.06%
Revenue as Reported	149,200	142,330	150,060	136,780	114,460	102,910
Advertising Expenses	-	1,420	1,850	1,890	1,460	1,100

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