CT Land Development Income Statement

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

Millions LKR. 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
Rental Revenue	340.86	524.04	467.67	349.47	146.78	-
Other Revenue	-	-	-	-	-41.85	274.79
Total Revenue	340.86	524.04	467.67	349.47	104.94	274.79
Revenue Growth (YoY	-37.29%	12.05%	33.82%	233.04%	-61.81%	-46.21%
Property Expenses	228.71	233.92	253.02	-	-	-
Depreciation & Amortization	12.19	16.91	19.12	20.73	23.81	19.11
Other Operating Expenses	205.08	184.79	166.84	262.02	233.83	221.75
Total Operating Expenses	445.99	435.62	438.99	282.74	257.64	240.86
Operating Income	-105.13	88.42	28.69	66.73	-152.71	33.93
Interest Expense	-24.87	-19.09	-25.67	-31.54	-16.89	-16.1
Interest & Investment Income	0.03	0.03	-	-	0.06	-
Other Non-Operating Income	-18.26	-	-	-	-	-
EBT Excluding Unusual Items	-148.23	69.36	3.02	35.19	-169.54	17.83
Gain (Loss) on Sale of Investments	3.79	3.79	13.67	18.67	3.07	2.18
Gain (Loss) on Sale of Assets	-	-	-	3.82	-	-
Asset Writedown	89.92	89.92	1,023	162.82	180.64	43.21
Pretax Income	-54.52	163.07	1,040	220.5	14.17	63.22
Income Tax Expense	-52.07	-31.8	311.76	272.08	31.13	-64.52
Net Income	-2.44	194.87	728.31	-51.58	-16.96	127.74
Net Income to Common	-2.44	194.87	728.31	-51.58	-16.96	127.74
Net Income Growth	-	-73.24%	-	-	-	-31.81%
Basic Shares Outstanding	81	81	81	81	81	81
Diluted Shares Outstanding	81	81	81	81	81	81
Shares Change (YoY)	1.46%	-	-	-	-	-
EPS (Basic)	-0.03	2.40	8.96	-0.63	-0.21	1.57
EPS (Diluted)	-0.03	2.40	8.96	-0.63	-0.21	1.57
EPS Growth	-	-73.24%	-	-	-	-31.81%
Operating Margin	-30.84%	16.87%	6.13%	19.10%	-145.52%	12.35%
Profit Margin	-0.72%	37.19%	155.73%	-14.76%	-16.17%	46.49%
EBITDA	-91.41	102.55	44.32	85.38	-131.67	50.25
EBITDA Margin	-26.82%	19.57%	9.48%	24.43%	-125.48%	18.29%
D&A For Ebitda	13.72	14.13	15.63	18.65	21.03	16.32
EBIT	-105.13	88.42	28.69	66.73	-152.71	33.93
EBIT Margin	-30.84%	16.87%	6.13%	19.10%	-145.52%	12.35%
Effective Tax Rate	-	-	29.98%	123.39%	219.73%	-

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