Serendib Hotels 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	3,689	3,405	2,870	1,442	636.41	587.23
Revenue Growth (YoY)	13.25%	18.66%	99.00%	126.57%	8.37%	-63.03%
Cost of Revenue	1,021	973.94	819.15	479.13	159.07	154.99
Gross Profit	2,668	2,431	2,050	962.8	477.34	432.25
Selling, General & Admin	1,883	1,837	1,459	1,124	790.46	879.51
Other Operating Expenses	171.25	-15.57	-11.38	-14.62	-5.58	-17.46
Operating Expenses	2,082	1,821	1,448	1,109	784.87	862.05
Operating Income	586.26	609.96	602.49	-146.37	-307.53	-429.8
Interest Expense	-110.56	-129.05	-223.45	-428.13	-77.08	-54.81
Interest & Investment Income	222.91	115.06	260.99	165.46	3.48	6.92
Currency Exchange Gain (Loss)	0.88	0.88	20.49	-38.63	-208	-67.45
Other Non Operating Income (Expenses)	-0	-	-	-0	0	-
EBT Excluding Unusual Items	699.49	596.84	660.53	-447.66	-589.13	-545.15
Gain (Loss) on Sale of Assets	-	-	-	-	0.03	-
Other Unusual Items	-	-	-	-	-	1.34
Pretax Income	699.49	596.84	660.53	-447.66	-589.1	-543.81
Income Tax Expense	101.98	4.4	100.79	3.92	1.51	-60.43
Earnings From Continuing Operations	597.51	592.45	559.73	-451.58	-590.61	-483.38
Minority Interest in Earnings	-48.38	-68.67	-134.33	32.88	30.73	27.33
Net Income	549.13	523.78	425.41	-418.7	-559.88	-456.05
Net Income to Common	549.13	523.78	425.41	-418.7	-559.88	-456.05
Net Income Growth	-2.45%	23.12%	-	-	-	-
Shares Outstanding (Basic)	446	446	446	446	112	112
Shares Outstanding (Diluted)	446	446	446	446	112	112
Shares Change (YoY)	-0.13%	-	-	300.00%	-	-
EPS (Basic)	1.23	1.17	0.95	-0.94	-5.02	-4.09
EPS (Diluted)	1.23	1.17	0.95	-0.94	-5.02	-4.09
EPS Growth	-2.32%	23.12%	-	-	-	-
Free Cash Flow	418.96	46.94	93.15	-209.73	-241.11	-60.61
Free Cash Flow Per Share	0.94	0.10	0.21	-0.47	-2.16	-0.54
Gross Margin	72.32%	71.40%	71.45%	66.77%	75.01%	73.61%
Operating Margin	15.89%	17.91%	21.00%	-10.15%	-48.32%	-73.19%
Profit Margin	14.89%	15.38%	14.82%	-29.04%	-87.98%	-77.66%
Free Cash Flow Margin	11.36%	1.38%	3.25%	-14.54%	-37.89%	-10.32%
EBITDA	847.84	844.31	830.7	61.92	-144.46	-242.96
EBITDA Margin	22.98%	24.80%	28.95%	4.29%	-22.70%	-41.37%
D&A For EBITDA	261.58	234.35	228.2	208.29	163.07	186.84
EBIT	586.26	609.96	602.49	-146.37	-307.53	-429.8
EBIT Margin	15.89%	17.91%	21.00%	-10.15%	-48.32%	-73.19%
Effective Tax Rate	14.58%	0.74%	15.26%	-	-	-

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