Azad Engineering Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	4,232	3,408	2,517	1,945	1,227
Revenue Growth (YoY)	27.14%	35.40%	29.42%	58.46%	-
Cost of Revenue	659.06	486.66	323.4	216.74	146.89
Gross Profit	3,573	2,921	2,193	1,728	1,080
Selling, General & Admin	887.72	758.93	607.04	468.82	328.51
Other Operating Expenses	1,214	996.24	831.74	634.84	470.27
Operating Expenses	2,359	1,960	1,605	1,237	887.51
Operating Income	1,214	960.58	588.74	491.13	192.81
Interest Expense	-60.78	-327.41	-413.19	-106.1	-44.62
Interest & Investment Income	14.6	14.6	27.1	7.91	10.89
Currency Exchange Gain (Loss)	24.27	24.27	60.11	-1.59	10.95
Other Non Operating Income (Expenses)	-343.73	-123.56	-42.86	-28.87	-7.67
EBT Excluding Unusual Items	848.56	548.48	219.9	362.48	162.36
Gain (Loss) on Sale of Assets	98.03	98.03	-	14.42	-
Other Unusual Items	161.35	161.35	-88.31	24.44	-
Pretax Income	1,108	807.86	131.59	401.34	162.36
Income Tax Expense	341.24	222.06	46.86	106.77	47.36
Net Income	769.97	585.8	84.73	294.57	115
Net Income to Common	769.97	585.8	84.73	294.57	115
Net Income Growth	31.67%	591.37%	-71.24%	156.15%	-
Shares Outstanding (Basic)	59	52	47	45	45
Shares Outstanding (Diluted)	59	52	47	45	45
Shares Change (YoY)	18.03%	10.57%	4.20%	-	-
EPS (Basic)	13.01	11.20	1.79	6.49	2.53
EPS (Diluted)	13.01	11.20	1.79	6.49	2.53
EPS Growth	11.56%	525.26%	-72.39%	156.48%	-
Free Cash Flow	-	-822.89	-958.31	-962.08	-156.11
Free Cash Flow Per Share	-	-15.73	-20.26	-21.19	-3.44
Gross Margin	84.43%	85.72%	87.15%	88.85%	88.03%
Operating Margin	28.69%	28.19%	23.39%	25.25%	15.71%
Profit Margin	18.19%	17.19%	3.37%	15.15%	9.37%
Free Cash Flow Margin	-	-24.15%	-38.08%	-49.47%	-12.72%
EBITDA	1,422	1,166	754.57	624.27	281.54
EBITDA Margin	33.60%	34.21%	29.98%	32.10%	22.94%
D&A For EBITDA	207.81	205.3	165.83	133.14	88.73
EBIT	1,214	960.58	588.74	491.13	192.81
EBIT Margin	28.69%	28.19%	23.39%	25.25%	15.71%
Effective Tax Rate	30.80%	27.49%	35.61%	26.60%	29.17%
Revenue as Reported	4,332	3,728	2,615	1,993	1,250
Advertising Expenses	-	5.16	6.34	0.94	2

Updated Feb 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.