Godrej Agrovet Limited (NSE:GODREJAGRO)

Heartland Financial USA Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	93,562	95,265	93,528	82,929	62,396
Other Revenue	197.8	205.7	132.2	120.5	111.4
Revenue	93,759	95,470	93,660	83,050	62,507
Revenue Growth (YoY)	-1.79%	1.93%	12.78%	32.86%	-8.76%
Cost of Revenue	69,993	72,879	74,260	63,405	46,328
Gross Profit	23,767	22,591	19,400	19,645	16,179
Selling, General & Admin	5,652	5,599	4,746	4,510	3,890
Other Operating Expenses	9,763	9,887	9,060	8,349	6,640
Operating Expenses	17,676	17,629	16,009	14,593	12,070
Operating Income	6,091	4,962	3,391	5,052	4,110
Interest Expense	-1,320	-1,067	-975.5	-618.6	-451.9
Interest & Investment Income	137.7	105	114.8	43.3	33.4
Earnings From Equity Investments	535.7	520.4	319.8	502.1	502.4
Currency Exchange Gain (Loss)	-15.8	37.8	48	63.3	26.5
Other Non Operating Income (Expenses)	124.3	102.5	95.7	153.3	177.6
EBT Excluding Unusual Items	5,553	4,661	2,994	5,196	4,398
Gain (Loss) on Sale of Investments	2	0.7	0.3	-	1
Gain (Loss) on Sale of Assets	-45.2	-30	717.5	-32.9	97.3
Asset Writedown	-14.1	70.6	30.5	-11.8	-9
Other Unusual Items	42.7	24.5	34.6	264.8	44.1
Pretax Income	5,538	4,727	3,777	5,416	4,531
Income Tax Expense	1,504	1,132	823.2	1,224	1,055
Earnings From Continuing Operations	4,034	3,595	2,954	4,192	3,476
Minority Interest in Earnings	263.5	2.2	65.5	-165.6	-338.3
Net Income	4,297	3,597	3,019	4,026	3,137
Net Income to Common	4,297	3,597	3,019	4,026	3,137
Net Income Growth	19.48%	19.13%	-25.01%	28.32%	2.47%
Shares Outstanding (Basic)	192	192	192	192	192
Shares Outstanding (Diluted)	192	192	192	192	192
Shares Change (YoY)	0.03%	0.03%	0.02%	0.03%	0.02%
EPS (Basic)	22.35	18.71	15.71	20.96	16.33
EPS (Diluted)	22.34	18.71	15.71	20.95	16.33
EPS Growth	19.40%	19.10%	-25.01%	28.29%	2.45%
Free Cash Flow	7,447	2,936	5,148	-3,911	-2,577
Free Cash Flow Per Share	38.72	15.27	26.78	-20.35	-13.41
Dividend Per Share	11.000	10.000	9.500	9.500	8.000
Dividend Growth	10.00%	5.26%	-	18.75%	45.45%
Gross Margin	25.35%	23.66%	20.71%	23.65%	25.88%
Operating Margin	6.50%	5.20%	3.62%	6.08%	6.58%
Profit Margin	4.58%	3.77%	3.22%	4.85%	5.02%
Free Cash Flow Margin	7.94%	3.08%	5.50%	-4.71%	-4.12%
EBITDA	8,093	6,859	5,085	6,628	5,508
EBITDA Margin	8.63%	7.18%	5.43%	7.98%	8.81%
D&A For EBITDA	2,002	1,897	1,694	1,576	1,398
EBIT	6,091	4,962	3,391	5,052	4,110
EBIT Margin	6.50%	5.20%	3.62%	6.08%	6.58%
Effective Tax Rate	27.16%	23.95%	21.80%	22.61%	23.29%
Revenue as Reported	94,263	96,019	94,812	83,857	63,063

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