Horana Plantations Income Statement

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

Millions LKR. 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
Revenue	3,950	3,697	3,386	3,794	2,564
Revenue Growth (YoY)	6.84%	9.20%	-10.76%	47.99%	20.62%
Cost of Revenue	3,216	2,951	2,723	2,549	2,184
Gross Profit	734.32	746.29	662.91	1,245	379.14
Selling, General & Admin	363.34	349.48	234.38	249.62	200.15
Other Operating Expenses	-7.8	-7.8	-7.9	-5.71	-6.36
Operating Expenses	355.54	341.68	226.47	243.91	193.79
Operating Income	378.78	404.61	436.43	1,001	185.35
Interest Expense	-166.99	-156.18	-237.67	-330.22	-132.93
Interest & Investment Income	-	2.73	3.93	5.1	0.7
Currency Exchange Gain (Loss)	-	0.01	-0.03	-3.03	-7.52
Other Non Operating Income (Expenses)	4.51	-0.66	-0.85	-1.27	-0.62
EBT Excluding Unusual Items	216.31	250.51	201.81	671.21	44.99
Gain (Loss) on Sale of Assets	-	-	-	0.11	-
Asset Writedown	-	54.92	24.67	-14.22	23.34
Pretax Income	216.31	305.42	226.48	657.09	68.32
Income Tax Expense	78.91	124.79	121.98	487.03	25.87
Net Income	137.4	180.63	104.51	170.06	42.45
Net Income to Common	137.4	180.63	104.51	170.06	42.45
Net Income Growth	-23.93%	72.84%	-38.55%	300.58%	-
Shares Outstanding (Basic)	25	25	25	25	25
Shares Outstanding (Diluted)	25	25	25	25	25
Shares Change (YoY)	-0.07%	-	-	-	-
EPS (Basic)	5.50	7.23	4.18	6.80	1.70
EPS (Diluted)	5.50	7.23	4.18	6.80	1.70
EPS Growth	-23.88%	72.85%	-38.53%	300.43%	-
Free Cash Flow	-34.84	135.55	-71.75	245.35	-57.78
Free Cash Flow Per Share	-1.40	5.42	-2.87	9.81	-2.31
Dividend Per Share	2.100	2.450	1.650	1.000	-
Dividend Growth	-14.29%	48.48%	65.00%	-	-
Gross Margin	18.59%	20.18%	19.58%	32.80%	14.79%
Operating Margin	9.59%	10.94%	12.89%	26.37%	7.23%
Profit Margin	3.48%	4.89%	3.09%	4.48%	1.66%
Free Cash Flow Margin	-0.88%	3.67%	-2.12%	6.47%	-2.25%
EBITDA	608.71	602.45	621.22	1,167	361.73
EBITDA Margin	15.41%	16.30%	18.35%	30.75%	14.11%
D&A For EBITDA	229.93	197.84	184.79	166.02	176.38
EBIT	378.78	404.61	436.43	1,001	185.35
EBIT Margin	9.59%	10.94%	12.89%	26.37%	7.23%
Effective Tax Rate	36.48%	40.86%	53.86%	74.12%	37.86%

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