Brigade Hotel Ventures Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Revenue	5,228	4,683	4,017	3,502	1,465
Revenue Growth (YoY)	-	16.57%	14.70%	139.09%	-
Cost of Revenue	1,608	1,440	1,300	1,114	581
Gross Profit	3,619	3,243	2,717	2,388	883.8
Selling, General & Admin	185.5	185.5	137.8	116.7	24.8
Other Operating Expenses	1,668	1,404	1,135	1,298	731.7
Operating Expenses	2,398	2,088	1,709	1,908	1,341
Operating Income	1,221	1,155	1,008	480.3	-456.7
Interest Expense	-564	-682.1	-650	-663	-607.4
Interest & Investment Income	15.3	15.3	19.2	17.5	13.5
Currency Exchange Gain (Loss)	-4.6	-4.6	-2.5	-4.3	-0.9
Other Non Operating Income (Expenses)	36.8	-40.3	-34.7	-24	0.6
EBT Excluding Unusual Items	704.5	443.6	340	-193.5	-1,051
Gain (Loss) on Sale of Assets	-1	-1	-19.2	38.1	-
Asset Writedown	-	-	-	110	-
Other Unusual Items	2.5	2.5	-	-	-96
Pretax Income	706	445.1	320.8	-45.4	-1,147
Income Tax Expense	180.1	208.5	9.4	-14.5	-319.7
Earnings From Continuing Operations	525.9	236.6	311.4	-30.9	-827.2
Minority Interest in Earnings	-57.5	-34.7	-62.7	-7.5	62.2
Net Income	468.4	201.9	248.7	-38.4	-765
Net Income to Common	468.4	201.9	248.7	-38.4	-765
Net Income Growth	-	-18.82%	-	-	-
Shares Outstanding (Basic)	321	281	281	281	281
Shares Outstanding (Diluted)	321	281	281	281	281
EPS (Basic)	1.46	0.72	0.88	-0.14	-2.72
EPS (Diluted)	1.46	0.72	0.88	-0.14	-2.72
EPS Growth	-	-18.48%	-	-	-
Free Cash Flow	-	542.1	993.8	981.6	-267
Free Cash Flow Per Share	-	1.93	3.53	3.49	-0.95
Gross Margin	69.23%	69.26%	67.64%	68.19%	60.34%
Operating Margin	23.36%	24.67%	25.09%	13.71%	-31.18%
Profit Margin	8.96%	4.31%	6.19%	-1.10%	-52.23%
Free Cash Flow Margin	-	11.58%	24.74%	28.03%	-18.23%
EBITDA	1,685	1,598	1,422	950.2	100.3
EBITDA Margin	32.23%	34.12%	35.40%	27.13%	6.85%
D&A For EBITDA	463.95	442.5	413.9	469.9	557
EBIT	1,221	1,155	1,008	480.3	-456.7
EBIT Margin	23.36%	24.67%	25.09%	13.71%	-31.18%
Effective Tax Rate	25.51%	46.84%	2.93%	-	-
Revenue as Reported	5,329	4,707	4,049	3,564	1,520
Advertising Expenses	-	82.3	59.7	50.7	17.8

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