Watawala Plantations 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	9,186	7,944	8,321	8,768	6,475	3,934
Revenue Growth (YoY)	16.84%	-4.53%	-5.10%	35.42%	64.60%	18.24%
Cost of Revenue	4,476	4,227	5,182	5,216	2,891	1,997
Gross Profit	4,710	3,717	3,139	3,553	3,583	1,936
Selling, General & Admin	767.75	695.85	594.87	440.02	318.06	250.89
Other Operating Expenses	62.5	-68.98	-68.9	0.08	-51.38	-90.08
Operating Expenses	830.25	626.87	525.96	440.1	266.68	160.82
Operating Income	3,880	3,090	2,613	3,112	3,317	1,776
Interest Expense	-194.27	-125.13	-75.49	-116.2	-69.77	-81.97
Interest & Investment Income	88.59	151.35	183.77	138.94	54.8	15.53
Currency Exchange Gain (Loss)	-1.64	-1.64	-3.15	-	-	-
EBT Excluding Unusual Items	3,773	3,115	2,719	3,135	3,302	1,709
Gain (Loss) on Sale of Investments	-	-	-	16.79	41.06	21.16
Gain (Loss) on Sale of Assets	70.46	70.46	-7.9	37.14	-6.25	20.25
Asset Writedown	-49.56	-286.86	55.25	-235.62	-4.69	1.17
Pretax Income	3,793	2,899	2,766	2,953	3,332	1,752
Income Tax Expense	1,197	1,014	421.11	621.7	-126	88.82
Earnings From Continuing Operations	2,596	1,885	2,345	2,332	3,458	1,663
Minority Interest in Earnings	23.58	32.96	14.03	32.5	-2.14	-
Net Income	2,620	1,918	2,359	2,364	3,456	1,663
Net Income to Common	2,620	1,918	2,359	2,364	3,456	1,663
Net Income Growth	58.34%	-18.69%	-0.23%	-31.58%	107.82%	99.97%
Shares Outstanding (Basic)	1,013	1,017	1,017	1,017	1,017	1,017
Shares Outstanding (Diluted)	1,013	1,017	1,017	1,017	1,017	1,017
Shares Change (YoY)	-0.65%	-	-	-	-	0.40%
EPS (Basic)	2.59	1.89	2.32	2.33	3.40	1.64
EPS (Diluted)	2.59	1.89	2.32	2.33	3.40	1.64
EPS Growth	59.38%	-18.69%	-0.23%	-31.58%	107.82%	99.17%
Free Cash Flow	2,316	2,695	2,911	2,313	2,990	1,780
Free Cash Flow Per Share	2.29	2.65	2.86	2.28	2.94	1.75
Dividend Per Share	3.000	4.300	3.000	2.000	2.800	1.200
Dividend Growth	-31.82%	43.33%	50.00%	-28.57%	133.33%	-
Gross Margin	51.27%	46.79%	37.73%	40.52%	55.34%	49.23%
Operating Margin	42.23%	38.90%	31.41%	35.50%	51.23%	45.14%
Profit Margin	28.52%	24.14%	28.35%	26.96%	53.37%	42.27%
Free Cash Flow Margin	25.21%	33.92%	34.99%	26.38%	46.18%	45.24%
EBITDA	4,172	3,471	2,996	3,505	3,690	2,118
EBITDA Margin	45.41%	43.69%	36.00%	39.97%	57.00%	53.85%
D&A For EBITDA	291.78	380.3	382.59	392.25	373.79	342.58
EBIT	3,880	3,090	2,613	3,112	3,317	1,776
EBIT Margin	42.23%	38.90%	31.41%	35.50%	51.23%	45.14%
Effective Tax Rate	31.55%	34.97%	15.22%	21.05%	-	5.07%

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