Tess Agro 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	31.49	41.38	10.76	30.73	2.48	4.99
Revenue Growth (YoY)	-21.03%	284.54%	-64.98%	1136.82%	-50.22%	-20.16%
Cost of Revenue	16.33	20.77	2.84	8.08	2.51	3.22
Gross Profit	15.16	20.61	7.92	22.65	-0.02	1.77
Selling, General & Admin	57.63	45.84	34.47	18.73	15.75	26.57
Other Operating Expenses	-7.3	-13.96	-0.13	-0.71	-19.8	17.05
Operating Expenses	50.33	31.88	34.93	18.03	-4.05	43.62
Operating Income	-35.17	-11.27	-27.01	4.62	4.03	-41.85
Interest Expense	-8.37	-8.9	-11.07	-4.22	-3.52	-2.62
Interest & Investment Income	9.78	9.03	5.21	4.52	0.03	0
Currency Exchange Gain (Loss)	-2.65	-2.65	4.33	-	0.02	3.81
Other Non Operating Income (Expenses)	-0	-	0	-0	10.99	-0
EBT Excluding Unusual Items	-36.41	-13.78	-28.54	4.92	11.55	-40.65
Gain (Loss) on Sale of Investments	-	-	-	-7.63	-	-
Asset Writedown	64.07	32.04	-	-	-	-
Pretax Income	27.66	18.25	-28.54	-2.71	11.55	-40.65
Income Tax Expense	4.23	4.23	-0.25	4.2	4.73	0.27
Net Income	23.44	14.03	-28.3	-6.91	6.82	-40.91
Net Income to Common	23.44	14.03	-28.3	-6.91	6.82	-40.91
Shares Outstanding (Basic)	744	744	744	558	390	390
Shares Outstanding (Diluted)	744	744	744	558	390	390
Shares Change (YoY)	-	-	33.33%	43.10%	-	-
EPS (Basic)	0.03	0.02	-0.04	-0.01	0.02	-0.10
EPS (Diluted)	0.03	0.02	-0.04	-0.01	0.02	-0.10
Free Cash Flow	-164.75	-79.9	-207.44	-0.23	19.8	-9.35
Free Cash Flow Per Share	-0.22	-0.11	-0.28	-	0.05	-0.02
Gross Margin	48.13%	49.80%	73.58%	73.69%	-0.88%	35.55%
Operating Margin	-111.70%	-27.23%	-250.98%	15.03%	162.05%	-838.26%
Profit Margin	74.43%	33.90%	-262.95%	-22.50%	274.52%	-819.62%
Free Cash Flow Margin	-523.22%	-193.09%	-1927.73%	-0.75%	797.02%	-187.27%
EBITDA	-21.96	2.07	-13.51	12.63	7.57	-38.3
EBITDA Margin	-69.75%	5.00%	-125.53%	41.08%	304.86%	-
D&A For EBITDA	13.21	13.33	13.5	8.01	3.55	3.55
EBIT	-35.17	-11.27	-27.01	4.62	4.03	-41.85
EBIT Margin	-111.70%	-27.23%	-250.98%	15.03%	162.05%	-
Effective Tax Rate	15.28%	23.16%	-	-	40.94%	-

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