Lankem Developments 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	7,181	7,286	7,215	8,571	4,535	4,332
Revenue Growth (YoY)	-3.31%	0.98%	-15.82%	88.98%	4.68%	34.63%
Cost of Revenue	6,282	5,778	5,997	5,738	4,406	4,098
Gross Profit	899.01	1,508	1,218	2,833	129.24	234.57
Selling, General & Admin	489.85	468.31	399.43	326.27	138.87	158.69
Operating Expenses	489.85	468.31	399.43	326.27	138.87	158.69
Operating Income	409.17	1,040	818.84	2,506	-9.63	75.88
Interest Expense	-127.41	-170.21	-342.75	-390.31	-265.03	-263.98
Interest & Investment Income	130.45	130.45	99.95	52.87	33.38	2.23
Other Non Operating Income (Expenses)	58.17	88.09	61.83	97.25	114.14	75.14
EBT Excluding Unusual Items	470.37	1,088	637.87	2,266	-127.15	-110.73
Gain (Loss) on Sale of Investments	2.12	2.12	-	-	-	-
Gain (Loss) on Sale of Assets	22.58	22.58	61.21	24.49	39.06	13.13
Asset Writedown	2.97	2.97	-3.72	12.41	156.12	263.79
Other Unusual Items	3.69	3.79	0.21	0.31	-	-
Pretax Income	501.73	1,119	695.57	2,303	68.03	166.19
Income Tax Expense	349.03	388.78	294.4	622.15	33.52	-56.71
Earnings From Continuing Operations	152.7	730.68	401.17	1,681	34.52	222.91
Minority Interest in Earnings	-86.36	-372.23	-218.47	-567.96	-21.99	-85.86
Net Income	66.34	358.45	182.71	1,113	12.53	137.05
Net Income to Common	66.34	358.45	182.71	1,113	12.53	137.05
Net Income Growth	-87.56%	96.19%	-83.59%	8784.84%	-90.86%	-
Shares Outstanding (Basic)	150	120	120	120	120	120
Shares Outstanding (Diluted)	150	120	120	120	120	120
Shares Change (YoY)	24.34%	-	-	-	-	-
EPS (Basic)	0.44	2.99	1.52	9.28	0.10	1.14
EPS (Diluted)	0.44	2.99	1.52	9.28	0.10	1.14
EPS Growth	-90.00%	96.19%	-83.59%	8784.90%	-90.86%	-
Free Cash Flow	-370.99	249.05	-31.17	254.48	-327.06	158.91
Free Cash Flow Per Share	-2.48	2.08	-0.26	2.12	-2.73	1.32
Dividend Per Share	-	1.000	-	-	-	-
Gross Margin	12.52%	20.70%	16.89%	33.05%	2.85%	5.41%
Operating Margin	5.70%	14.27%	11.35%	29.24%	-0.21%	1.75%
Profit Margin	0.92%	4.92%	2.53%	12.99%	0.28%	3.16%
Free Cash Flow Margin	-5.17%	3.42%	-0.43%	2.97%	-7.21%	3.67%
EBITDA	637.96	1,220	976.02	2,648	128.56	210.89
EBITDA Margin	8.88%	16.75%	13.53%	30.90%	2.83%	4.87%
D&A For EBITDA	228.79	180.66	157.18	141.84	138.19	135.02
EBIT	409.17	1,040	818.84	2,506	-9.63	75.88
EBIT Margin	5.70%	14.27%	11.35%	29.24%	-0.21%	1.75%
Effective Tax Rate	69.56%	34.73%	42.33%	27.01%	49.27%	-

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