Horana Plantations 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
Revenue	3,959	3,697	3,386	3,794	2,564	2,125
Revenue Growth (YoY)	8.89%	9.20%	-10.76%	47.99%	20.62%	20.61%
Cost of Revenue	3,275	2,951	2,723	2,549	2,184	1,917
Gross Profit	684.44	746.29	662.91	1,245	379.14	208.45
Selling, General & Admin	393.99	349.48	234.38	249.62	200.15	186.26
Other Operating Expenses	-7.8	-7.8	-7.9	-5.71	-6.36	-6.48
Operating Expenses	386.18	341.68	226.47	243.91	193.79	179.77
Operating Income	298.26	404.61	436.43	1,001	185.35	28.68
Interest Expense	-154.55	-156.18	-237.67	-330.22	-132.93	-136.67
Interest & Investment Income	2.56	2.73	3.93	5.1	0.7	0.4
Currency Exchange Gain (Loss)	0.01	0.01	-0.03	-3.03	-7.52	0.18
Other Non Operating Income (Expenses)	-0.66	-0.66	-0.85	-1.27	-0.62	-0.87
EBT Excluding Unusual Items	145.62	250.51	201.81	671.21	44.99	-108.28
Gain (Loss) on Sale of Assets	-	-	-	0.11	-	0.06
Asset Writedown	59.34	54.92	24.67	-14.22	23.34	32.09
Pretax Income	204.96	305.42	226.48	657.09	68.32	-76.13
Income Tax Expense	84.74	124.79	121.98	487.03	25.87	1.74
Net Income	120.22	180.63	104.51	170.06	42.45	-77.87
Net Income to Common	120.22	180.63	104.51	170.06	42.45	-77.87
Net Income Growth	-27.07%	72.84%	-38.55%	300.58%	-	-
Shares Outstanding (Basic)	25	25	25	25	25	25
Shares Outstanding (Diluted)	25	25	25	25	25	25
EPS (Basic)	4.81	7.23	4.18	6.80	1.70	-3.11
EPS (Diluted)	4.81	7.23	4.18	6.80	1.70	-3.11
EPS Growth	-26.95%	72.85%	-38.53%	300.43%	-	-
Free Cash Flow	-26.62	135.55	-71.75	245.35	-57.78	-64.36
Free Cash Flow Per Share	-1.07	5.42	-2.87	9.81	-2.31	-2.57
Dividend Per Share	1.670	2.450	1.650	1.000	-	-
Dividend Growth	-33.20%	48.48%	65.00%	-	-	-
Gross Margin	17.29%	20.18%	19.58%	32.80%	14.79%	9.81%
Operating Margin	7.53%	10.94%	12.89%	26.37%	7.23%	1.35%
Profit Margin	3.04%	4.89%	3.09%	4.48%	1.66%	-3.66%
Free Cash Flow Margin	-0.67%	3.67%	-2.12%	6.47%	-2.25%	-3.03%
EBITDA	504.1	602.45	621.22	1,167	361.73	197.87
EBITDA Margin	12.73%	16.30%	18.35%	30.75%	14.11%	9.31%
D&A For EBITDA	205.84	197.84	184.79	166.02	176.38	169.19
EBIT	298.26	404.61	436.43	1,001	185.35	28.68
EBIT Margin	7.53%	10.94%	12.89%	26.37%	7.23%	1.35%
Effective Tax Rate	41.34%	40.86%	53.86%	74.12%	37.86%	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.