COSE:MERC.N0000 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
Interest and Dividend Income	15,832	11,643	10,628	8,750	6,760
Total Interest Expense	7,865	5,257	6,442	6,135	2,586
Net Interest Income	7,967	6,387	4,187	2,615	4,174
Commissions and Fees	645.12	92.63	75.73	75.57	67.5
Gain (Loss) on Sale of Investments	-	-0.42	27.55	0.33	145.86
Other Revenue	-	75.56	35.71	41.17	50.56
Revenue Before Loan Losses	8,612	6,555	4,326	2,732	4,438
Provision for Loan Losses	475.9	224.65	7.91	-276.2	-147.67
Revenue	8,136	6,330	4,318	3,008	4,585
Revenue Growth (YoY)	28.53%	46.61%	43.53%	-34.39%	44.93%
Salaries & Employee Benefits	2,657	2,093	1,593	1,303	1,426
Cost of Services Provided	-	102.98	98.08	82.45	167.07
Other Operating Expenses	3,227	2,474	1,797	1,356	1,399
Total Operating Expenses	6,219	4,925	3,650	2,903	3,149
Operating Income	1,917	1,405	667.52	105.62	1,437
Earnings From Equity Investments	212.05	199.27	151.84	19.37	2.5
EBT Excluding Unusual Items	2,129	1,604	819.36	124.99	1,439
Pretax Income	2,129	1,607	819.78	132.82	1,469
Income Tax Expense	961.21	532.67	263.97	26.77	457.37
Net Income	1,168	1,075	555.81	106.05	1,012
Net Income to Common	1,168	1,075	555.81	106.05	1,012
Net Income Growth	8.69%	93.35%	424.09%	-89.52%	64.71%
Shares Outstanding (Basic)	601	601	601	601	601
Shares Outstanding (Diluted)	601	601	601	601	601
EPS (Basic)	1.94	1.79	0.92	0.18	1.68
EPS (Diluted)	1.94	1.79	0.92	0.18	1.68
EPS Growth	8.53%	93.35%	424.09%	-89.52%	64.71%
Free Cash Flow	-26,656	-9,779	1,525	4,723	-1,676
Free Cash Flow Per Share	-44.34	-16.27	2.54	7.86	-2.79
Dividend Per Share	-	0.208	0.100	-	0.575
Dividend Growth	-	108.00%	-	-	-
Operating Margin	23.57%	22.19%	15.46%	3.51%	31.33%
Profit Margin	14.36%	16.98%	12.87%	3.52%	22.06%
Free Cash Flow Margin	-327.63%	-154.48%	35.33%	156.99%	-36.54%
Effective Tax Rate	45.14%	33.14%	32.20%	20.15%	31.14%