Ganga Forging 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	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
Operating Revenue	364.22	432.19	372.12	334.1	288.32	229.82
Other Revenue	0	0	-	-	-	-
Revenue	364.22	432.19	372.12	334.1	288.32	229.82
Revenue Growth (YoY)	-13.12%	16.14%	11.38%	15.88%	25.46%	-2.86%
Cost of Revenue	268.59	292.24	242	225.82	184.28	140.92
Gross Profit	95.63	139.95	130.13	108.27	104.04	88.9
Selling, General & Admin	18.22	18.23	20	19.37	21.58	19.21
Other Operating Expenses	91.65	99.15	84.72	68.99	56.98	52.2
Operating Expenses	121.12	128.11	114.69	97.12	87.38	80.15
Operating Income	-25.49	11.84	15.44	11.15	16.66	8.75
Interest Expense	-7.39	-8.29	-7.53	-7.68	-8.93	-7.45
Interest & Investment Income	2.29	2.29	0.93	0.06	0.1	0.27
Other Non Operating Income (Expenses)	-6.42	-1.34	-0.97	-0.41	4.49	0.65
EBT Excluding Unusual Items	-37.01	4.5	7.86	3.12	12.32	2.21
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.38
Other Unusual Items	7.72	4.16	0.12	4.98	7.48	-
Pretax Income	-29.29	8.65	7.98	8.1	19.8	1.83
Income Tax Expense	3.09	2.52	3.54	-8.47	9.46	0.76
Net Income	-32.38	6.13	4.43	16.57	10.34	1.07
Net Income to Common	-32.38	6.13	4.43	16.57	10.34	1.07
Net Income Growth	-	38.26%	-73.24%	60.20%	864.69%	-
Shares Outstanding (Basic)	135	135	112	106	106	106
Shares Outstanding (Diluted)	135	135	134	106	106	106
Shares Change (YoY)	-7.86%	0.90%	25.99%	-	-	-
EPS (Basic)	-0.24	0.05	0.04	0.16	0.10	0.01
EPS (Diluted)	-0.24	0.05	0.03	0.16	0.10	0.01
EPS Growth	-	51.70%	-80.82%	60.20%	876.25%	-
Free Cash Flow	-	-67.59	-118.16	-23.6	-11.72	20.39
Free Cash Flow Per Share	-	-0.50	-0.89	-0.22	-0.11	0.19
Gross Margin	26.26%	32.38%	34.97%	32.41%	36.09%	38.68%
Operating Margin	-7.00%	2.74%	4.15%	3.34%	5.78%	3.81%
Profit Margin	-8.89%	1.42%	1.19%	4.96%	3.59%	0.47%
Free Cash Flow Margin	-	-15.64%	-31.75%	-7.06%	-4.06%	8.87%
EBITDA	-14.18	22.57	25.41	19.92	25.48	17.49
EBITDA Margin	-3.89%	5.22%	6.83%	5.96%	8.84%	7.61%
D&A For EBITDA	11.31	10.74	9.97	8.76	8.82	8.74
EBIT	-25.49	11.84	15.44	11.15	16.66	8.75
EBIT Margin	-7.00%	2.74%	4.15%	3.34%	5.78%	3.81%
Effective Tax Rate	-	29.16%	44.41%	-	47.77%	41.39%
Revenue as Reported	361.43	434.49	373.05	334.86	293.45	230.84
Advertising Expenses	-	-	-	-	-	0.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.