Blue Water Logistics Limited (NSE:BLUEWATER)

Blue Water Logistics Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue	1,962	1,387	1,680	1,584
Revenue Growth (YoY)	41.47%	-17.44%	6.04%	-
Cost of Revenue	1,735	1,267	1,593	1,528
Gross Profit	227.02	119.26	87.17	56.38
Selling, General & Admin	1.01	-	-	-
Other Operating Expenses	37.28	13.5	20.33	9.69
Operating Expenses	55.09	23.23	29.78	12.57
Operating Income	171.93	96.04	57.39	43.81
Interest Expense	-24.87	-16.06	-21.82	-9.04
Interest & Investment Income	1.03	0.11	1.42	0.24
Currency Exchange Gain (Loss)	-1.25	-0.01	-0.45	-
Other Non Operating Income (Expenses)	-3.89	-0.69	-1.24	-2.43
Pretax Income	142.95	79.39	35.29	32.58
Income Tax Expense	36.24	19.98	8.88	8.2
Net Income	106.71	59.41	26.41	24.38
Net Income to Common	106.71	59.41	26.41	24.38
Net Income Growth	79.63%	124.93%	8.34%	-
Shares Outstanding (Basic)	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8
EPS (Basic)	13.34	7.43	3.30	3.05
EPS (Diluted)	13.34	7.43	3.30	3.05
EPS Growth	79.63%	124.93%	8.34%	-
Free Cash Flow	-168.24	24.63	29.38	-90.09
Free Cash Flow Per Share	-21.03	3.08	3.67	-11.26
Gross Margin	11.57%	8.60%	5.19%	3.56%
Operating Margin	8.76%	6.93%	3.42%	2.77%
Profit Margin	5.44%	4.28%	1.57%	1.54%
Free Cash Flow Margin	-8.58%	1.78%	1.75%	-5.69%
EBITDA	188.73	105.59	66.18	45.71
EBITDA Margin	9.62%	7.61%	3.94%	2.89%
D&A For EBITDA	16.8	9.56	8.79	1.9
EBIT	171.93	96.04	57.39	43.81
EBIT Margin	8.76%	6.93%	3.42%	2.77%
Effective Tax Rate	25.35%	25.17%	25.17%	25.17%
Revenue as Reported	1,963	1,387	1,681	1,585
Advertising Expenses	1.01	-	-	-

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