COSE:MERC.N0000 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
Interest and Dividend Income	14,813	11,643	10,628	8,750	6,760	6,274
Total Interest Expense	6,827	5,257	6,442	6,135	2,586	3,220
Net Interest Income	7,986	6,387	4,187	2,615	4,174	3,054
Commissions and Fees	356.31	92.63	75.73	75.57	67.5	74.38
Gain (Loss) on Sale of Investments	-0.42	-0.42	27.55	0.33	145.86	45.07
Other Revenue	75.56	75.56	35.71	41.17	50.56	32.58
Revenue Before Loan Losses	8,417	6,555	4,326	2,732	4,438	3,206
Provision for Loan Losses	394.22	224.65	7.91	-276.2	-147.67	42.13
Revenue	8,023	6,330	4,318	3,008	4,585	3,164
Revenue Growth (YoY)	36.45%	46.61%	43.53%	-34.39%	44.93%	-2.73%
Salaries & Employee Benefits	2,516	2,093	1,593	1,303	1,426	988.82
Cost of Services Provided	102.98	102.98	98.08	82.45	167.07	155.48
Other Operating Expenses	3,313	2,474	1,797	1,356	1,399	1,017
Total Operating Expenses	6,270	4,925	3,650	2,903	3,149	2,298
Operating Income	1,753	1,405	667.52	105.62	1,437	865.76
Earnings From Equity Investments	221.69	199.27	151.84	19.37	2.5	-36.65
EBT Excluding Unusual Items	1,975	1,604	819.36	124.99	1,439	829.1
Pretax Income	1,978	1,607	819.78	132.82	1,469	827.5
Income Tax Expense	729.63	532.67	263.97	26.77	457.37	213.36
Net Income	1,249	1,075	555.81	106.05	1,012	614.14
Net Income to Common	1,249	1,075	555.81	106.05	1,012	614.14
Net Income Growth	35.79%	93.35%	424.09%	-89.52%	64.71%	65.22%
Shares Outstanding (Basic)	601	601	601	601	601	601
Shares Outstanding (Diluted)	601	601	601	601	601	601
EPS (Basic)	2.08	1.79	0.92	0.18	1.68	1.02
EPS (Diluted)	2.08	1.79	0.92	0.18	1.68	1.02
EPS Growth	35.80%	93.35%	424.09%	-89.52%	64.71%	65.22%
Free Cash Flow	-25,727	-9,779	1,525	4,723	-1,676	2,603
Free Cash Flow Per Share	-42.79	-16.27	2.54	7.86	-2.79	4.33
Dividend Per Share	0.248	0.208	0.100	-	0.575	-
Dividend Growth	10.22%	108.00%	-	-	-	-
Operating Margin	21.86%	22.19%	15.46%	3.51%	31.33%	27.36%
Profit Margin	15.57%	16.98%	12.87%	3.52%	22.06%	19.41%
Free Cash Flow Margin	-320.66%	-154.48%	35.33%	156.99%	-36.54%	82.26%
Effective Tax Rate	36.88%	33.14%	32.20%	20.15%	31.14%	25.78%

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