Lanka Milk Foods (CWE) 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	21,663	18,947	16,704	14,172	9,772
Revenue Growth (YoY)	14.34%	13.43%	17.87%	45.03%	28.62%
Cost of Revenue	17,911	16,118	14,040	12,390	8,310
Gross Profit	3,752	2,829	2,664	1,782	1,461
Selling, General & Admin	2,636	2,289	1,993	1,547	1,001
Other Operating Expenses	-1,446	-50.8	119.47	-33.48	120.19
Operating Expenses	1,190	2,238	2,113	1,513	1,121
Operating Income	2,562	591.03	550.94	268.7	340
Interest Expense	-556.33	-692.87	-1,078	-1,054	-79.19
Interest & Investment Income	-	1,287	1,522	1,181	929.08
Currency Exchange Gain (Loss)	-	18.99	10.35	-40.11	-382.79
Other Non Operating Income (Expenses)	1,311	-	-	-	-
EBT Excluding Unusual Items	3,316	1,204	1,005	355.71	807.11
Gain (Loss) on Sale of Investments	-	126.69	73.12	2.48	-47.17
Gain (Loss) on Sale of Assets	-	-0.59	-54.9	-26.32	9.91
Asset Writedown	-	816.87	1,270	929.57	327.74
Pretax Income	3,316	2,147	2,293	1,262	1,098
Income Tax Expense	495.25	1,142	77.89	73.22	33.09
Earnings From Continuing Operations	2,821	1,005	2,216	1,189	1,065
Minority Interest in Earnings	0.12	0.11	0.16	0.11	0.6
Net Income	2,821	1,005	2,216	1,189	1,065
Net Income to Common	2,821	1,005	2,216	1,189	1,065
Net Income Growth	180.60%	-54.63%	86.30%	11.66%	26.52%
Shares Outstanding (Basic)	400	400	400	400	400
Shares Outstanding (Diluted)	400	400	400	400	400
Shares Change (YoY)	0.04%	-	-	-	-
EPS (Basic)	7.05	2.51	5.54	2.97	2.66
EPS (Diluted)	7.05	2.51	5.54	2.97	2.66
EPS Growth	180.88%	-54.69%	86.51%	11.53%	26.52%
Free Cash Flow	-1,601	-344.33	-2,430	-3,857	-853.85
Free Cash Flow Per Share	-4.00	-0.86	-6.08	-9.64	-2.13
Dividend Per Share	-	0.630	0.630	0.500	0.750
Dividend Growth	-	-	26.00%	-33.33%	50.00%
Gross Margin	17.32%	14.93%	15.95%	12.57%	14.95%
Operating Margin	11.83%	3.12%	3.30%	1.90%	3.48%
Profit Margin	13.02%	5.31%	13.26%	8.39%	10.90%
Free Cash Flow Margin	-7.39%	-1.82%	-14.55%	-27.21%	-8.74%
EBITDA	2,923	945.26	931.68	615.96	548.89
EBITDA Margin	13.49%	4.99%	5.58%	4.35%	5.62%
D&A For EBITDA	360.76	354.23	380.74	347.26	208.89
EBIT	2,562	591.03	550.94	268.7	340
EBIT Margin	11.83%	3.12%	3.30%	1.90%	3.48%
Effective Tax Rate	14.94%	53.17%	3.40%	5.80%	3.01%

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