Kahawatte 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	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,529	5,147	5,672	5,154	6,261	4,267
Revenue Growth (YoY)	-20.15%	-9.25%	10.07%	-17.69%	46.73%	43.21%
Cost of Revenue	4,096	4,752	5,038	5,233	5,401	4,211
Gross Profit	433.68	395.5	634.57	-79.45	860.71	56.3
Selling, General & Admin	256.26	236.39	218.54	187.36	178.93	134.65
Other Operating Expenses	-69.93	-76.7	-77.91	-92.57	-139.54	-72.91
Operating Expenses	186.33	159.69	140.62	94.79	39.39	61.75
Operating Income	247.35	235.81	493.94	-174.23	821.32	-5.44
Interest Expense	-159.63	-238.99	-296.01	-441.48	-397.76	-180.15
Interest & Investment Income	-	0.28	2.96	0.03	0.14	0.55
Currency Exchange Gain (Loss)	2.75	2.75	-	2.56	-	-4.21
Other Non Operating Income (Expenses)	-13.17	-13.17	-	-	-	-
EBT Excluding Unusual Items	77.3	-13.32	200.89	-613.12	423.7	-189.25
Gain (Loss) on Sale of Assets	-	-	-	-	-	2.49
Asset Writedown	33.03	188.91	155.88	335.84	136.91	92.29
Pretax Income	110.32	175.59	356.77	-277.29	560.61	-94.47
Income Tax Expense	88.71	262.23	191.34	302.26	248.57	11.73
Net Income	21.61	-86.64	165.43	-579.54	312.04	-106.2
Net Income to Common	21.61	-86.64	165.43	-579.54	312.04	-106.2
Shares Outstanding (Basic)	99	99	100	99	99	99
Shares Outstanding (Diluted)	99	99	100	99	99	99
Shares Change (YoY)	-1.05%	-0.19%	0.25%	-	-	24.35%
EPS (Basic)	0.22	-0.87	1.66	-5.83	3.14	-1.07
EPS (Diluted)	0.22	-0.87	1.66	-5.83	3.14	-1.07
Free Cash Flow	-113.33	211.14	1,127	-332.96	323.81	-83.2
Free Cash Flow Per Share	-1.15	2.12	11.31	-3.35	3.26	-0.84
Gross Margin	9.57%	7.68%	11.19%	-1.54%	13.75%	1.32%
Operating Margin	5.46%	4.58%	8.71%	-3.38%	13.12%	-0.13%
Profit Margin	0.48%	-1.68%	2.92%	-11.24%	4.98%	-2.49%
Free Cash Flow Margin	-2.50%	4.10%	19.87%	-6.46%	5.17%	-1.95%
EBITDA	545.88	540.53	798.27	125.97	1,053	215.35
EBITDA Margin	12.05%	10.50%	14.07%	2.44%	16.82%	5.05%
D&A For EBITDA	298.54	304.72	304.33	300.21	232.02	220.79
EBIT	247.35	235.81	493.94	-174.23	821.32	-5.44
EBIT Margin	5.46%	4.58%	8.71%	-3.38%	13.12%	-0.13%
Effective Tax Rate	80.41%	149.34%	53.63%	-	44.34%	-

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