Shine Fashions (India) 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	Sep '25 Sep 30, 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
Operating Revenue	911.69	815.84	541.28	210.66	127.55	68.81
Other Revenue	-	-	-	1.17	0.78	0.04
Revenue	911.69	815.84	541.28	211.82	128.33	68.85
Revenue Growth (YoY)	33.87%	50.72%	155.53%	65.07%	86.40%	-13.23%
Cost of Revenue	753.32	692.58	469.95	182.23	115.38	62.52
Gross Profit	158.38	123.26	71.34	29.6	12.95	6.33
Selling, General & Admin	15.71	14.14	8.64	7.48	3.48	2.31
Other Operating Expenses	23.72	15.76	9.77	8.17	3.6	1.58
Operating Expenses	39.69	30.18	18.65	15.87	7.23	3.99
Operating Income	118.69	93.08	52.69	13.73	5.72	2.34
Interest Expense	-3.06	-0.39	-0.33	-0.57	-0.58	-0.05
Interest & Investment Income	0.55	0.55	-	0.01	0.01	-
Currency Exchange Gain (Loss)	0.15	0.15	0.37	0.11	0.4	0.46
Other Non Operating Income (Expenses)	0.4	0.03	-0.07	-0.16	-0.1	-0.14
Pretax Income	116.72	93.42	52.67	13.11	5.45	2.62
Income Tax Expense	29.39	23.53	13.28	3.35	1.4	0.32
Earnings From Continuing Operations	87.34	69.89	39.39	9.76	4.05	2.3
Minority Interest in Earnings	0.58	-0.08	-0.29	-0.92	-0.07	-
Net Income	87.91	69.81	39.1	8.83	3.98	2.3
Net Income to Common	87.91	69.81	39.1	8.83	3.98	2.3
Net Income Growth	56.84%	78.55%	342.55%	121.90%	73.39%	-33.42%
Shares Outstanding (Basic)	24	23	22	22	22	19
Shares Outstanding (Diluted)	25	23	22	22	22	19
Shares Change (YoY)	8.62%	4.43%	-	-	19.96%	16.73%
EPS (Basic)	3.65	3.05	1.75	0.39	0.18	0.12
EPS (Diluted)	3.58	2.99	1.75	0.39	0.18	0.12
EPS Growth	44.40%	71.01%	342.49%	122.34%	44.90%	-43.18%
Free Cash Flow	-53.8	18.77	10.32	-12.01	1.06	-22.43
Free Cash Flow Per Share	-2.19	0.80	0.46	-0.54	0.05	-1.20
Dividend Per Share	-	0.016	-	-	-	-
Gross Margin	17.37%	15.11%	13.18%	13.97%	10.09%	9.19%
Operating Margin	13.02%	11.41%	9.73%	6.48%	4.46%	3.40%
Profit Margin	9.64%	8.56%	7.22%	4.17%	3.10%	3.33%
Free Cash Flow Margin	-5.90%	2.30%	1.91%	-5.67%	0.83%	-32.58%
EBITDA	118.95	93.36	52.93	13.95	5.87	2.44
EBITDA Margin	13.05%	11.44%	9.78%	6.59%	4.57%	3.54%
D&A For EBITDA	0.26	0.28	0.24	0.22	0.15	0.1
EBIT	118.69	93.08	52.69	13.73	5.72	2.34
EBIT Margin	13.02%	11.41%	9.73%	6.48%	4.46%	3.40%
Effective Tax Rate	25.18%	25.19%	25.21%	25.58%	25.62%	12.27%
Revenue as Reported	912.79	816.57	541.93	211.94	128.74	69.31
Advertising Expenses	-	0.01	0.01	0.02	0.01	-

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