Indef Manufacturing Limited (NSE:BAJAJINDEF)

Indef Manufacturing Income Statement

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

Fiscal Year	TTM	FY 2025
Period Ending	Sep 30, 2025	Mar 31, 2025
Revenue	1,867	1,786
Cost of Revenue	987.55	952.31
Gross Profit	879.77	833.97
Selling, General & Admin	298.86	274.28
Other Operating Expenses	298.61	253.11
Operating Expenses	651.54	579.1
Operating Income	228.23	254.87
Interest Expense	-4.08	-4.25
Interest & Investment Income	19.93	19.93
Currency Exchange Gain (Loss)	3.46	3.46
Other Non Operating Income (Expenses)	-13.16	0.62
EBT Excluding Unusual Items	234.38	274.64
Gain (Loss) on Sale of Investments	145.07	145.07
Gain (Loss) on Sale of Assets	0.03	0.03
Asset Writedown	-0.79	-0.79
Other Unusual Items	0.56	0.56
Pretax Income	379.25	419.51
Income Tax Expense	88.99	77.9
Net Income	290.61	341.6
Net Income to Common	290.61	341.6
Shares Outstanding (Basic)	32	32
Shares Outstanding (Diluted)	32	32
EPS (Basic)	9.08	10.68
EPS (Diluted)	9.08	10.68
Free Cash Flow	175.37	-39.71
Free Cash Flow Per Share	5.48	-1.24
Dividend Per Share	-	2.000
Gross Margin	47.11%	46.69%
Operating Margin	12.22%	14.27%
Profit Margin	15.56%	19.12%
Free Cash Flow Margin	9.39%	-2.22%
EBITDA	263.82	288.1
EBITDA Margin	14.13%	16.13%
D&A For EBITDA	35.59	33.23
EBIT	228.23	254.87
EBIT Margin	12.22%	14.27%
Effective Tax Rate	23.46%	18.57%
Revenue as Reported	2,023	1,956
Advertising Expenses	-	32.72

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