INOX India Limited (NSE:INOXINDIA)

INOX India Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	14,958	13,060	11,333	9,659	7,819	5,947
Revenue Growth (YoY)	23.52%	15.23%	17.34%	23.53%	31.47%	-8.37%
Cost of Revenue	6,512	5,826	5,090	4,379	3,411	2,503
Gross Profit	8,446	7,234	6,244	5,280	4,408	3,444
Selling, General & Admin	1,485	1,214	1,134	844.04	783.23	650.81
Other Operating Expenses	3,660	3,166	2,583	2,375	1,970	1,348
Operating Expenses	5,463	4,631	3,898	3,358	2,874	2,199
Operating Income	2,983	2,604	2,346	1,922	1,534	1,245
Interest Expense	-28.58	-45.09	-33.28	-15.39	-13.12	-49.47
Interest & Investment Income	14.91	14.91	21.88	20.47	111.09	134.46
Currency Exchange Gain (Loss)	65.82	65.82	37.09	20.68	25.1	1.14
Other Non Operating Income (Expenses)	121.19	84.7	29.22	60.44	24.76	-4.42
EBT Excluding Unusual Items	3,156	2,724	2,401	2,008	1,682	1,327
Gain (Loss) on Sale of Investments	196.51	196.51	181.29	77.85	43.47	0.94
Gain (Loss) on Sale of Assets	-2.96	-2.96	-15.56	-10.07	-1.19	-0.63
Legal Settlements	71.73	71.73	-	-	-	-
Other Unusual Items	-136.58	-	-	-6.5	-	-
Pretax Income	3,285	2,989	2,578	2,069	1,724	1,327
Income Tax Expense	803.05	728.96	617.75	521.97	444.8	352.34
Earnings From Continuing Operations	2,482	2,260	1,960	1,547	1,279	974.81
Net Income to Company	2,482	2,260	1,960	1,547	1,279	974.81
Net Income	2,482	2,260	1,960	1,547	1,279	974.81
Net Income to Common	2,482	2,260	1,960	1,547	1,279	974.81
Net Income Growth	21.30%	15.32%	26.67%	20.95%	31.24%	0.16%
Shares Outstanding (Basic)	91	91	91	91	91	91
Shares Outstanding (Diluted)	91	91	91	91	91	91
Shares Change (YoY)	-0.05%	-0.00%	0.28%	-	-	0.00%
EPS (Basic)	27.33	24.90	21.59	17.05	14.10	10.74
EPS (Diluted)	27.27	24.83	21.53	17.05	14.10	10.74
EPS Growth	21.37%	15.33%	26.29%	20.95%	31.24%	0.16%
Free Cash Flow	-	-30.71	241.7	1,298	531.12	2,244
Free Cash Flow Per Share	-	-0.34	2.65	14.30	5.85	24.73
Dividend Per Share	-	2.000	11.000	-	0.500	0.500
Dividend Growth	-	-81.82%	-	-	-	150.00%
Gross Margin	56.46%	55.39%	55.09%	54.66%	56.38%	57.91%
Operating Margin	19.94%	19.94%	20.70%	19.90%	19.62%	20.94%
Profit Margin	16.59%	17.31%	17.29%	16.02%	16.36%	16.39%
Free Cash Flow Margin	-	-0.24%	2.13%	13.44%	6.79%	37.73%
EBITDA	3,253	2,824	2,499	2,038	1,628	1,339
EBITDA Margin	21.75%	21.62%	22.05%	21.10%	20.82%	22.52%
D&A For EBITDA	270.22	219.95	152.91	116.11	94.31	94.33
EBIT	2,983	2,604	2,346	1,922	1,534	1,245
EBIT Margin	19.94%	19.94%	20.70%	19.90%	19.62%	20.94%
Effective Tax Rate	24.45%	24.39%	23.96%	25.22%	25.80%	26.55%
Revenue as Reported	15,395	13,467	11,647	9,861	8,034	6,099
Advertising Expenses	-	49.75	48.72	23.95	16.01	10.12

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