JSW Infrastructure Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	53,614	44,761	37,629	31,947	22,731
Other Revenue	-	76	82.8	82.6	82.52
Revenue	53,614	44,837	37,712	32,030	22,813
Revenue Growth (YoY)	19.57%	18.89%	17.74%	40.40%	41.30%
Cost of Revenue	25,242	19,841	16,434	14,365	10,078
Gross Profit	28,372	24,996	21,278	17,665	12,735
Selling, General & Admin	-	66.6	51.8	31	11.89
Other Operating Expenses	2,335	2,167	1,397	1,239	1,498
Operating Expenses	8,476	7,700	5,814	5,182	5,205
Operating Income	19,896	17,297	15,464	12,483	7,530
Interest Expense	-3,566	-2,930	-2,730	-2,360	-3,284
Interest & Investment Income	-	2,290	1,900	1,200	739.49
Currency Exchange Gain (Loss)	-264.3	743.6	-433	-3,142	0.63
Other Non Operating Income (Expenses)	3,460	-210.8	189.2	-177.8	-738.73
EBT Excluding Unusual Items	19,526	17,190	14,391	8,003	4,248
Gain (Loss) on Sale of Investments	-	834.9	243.1	3.9	-
Gain (Loss) on Sale of Assets	-	3.5	16.7	103.3	12.05
Other Unusual Items	-797.3	-	-	-	-
Pretax Income	18,728	18,028	14,650	8,110	4,260
Income Tax Expense	3,259	2,814	3,043	614.8	955.46
Earnings From Continuing Operations	15,469	15,215	11,607	7,495	3,304
Minority Interest in Earnings	-235.9	-184	-47.8	-96.8	-24.91
Net Income	15,233	15,031	11,559	7,398	3,279
Net Income to Common	15,233	15,031	11,559	7,398	3,279
Net Income Growth	1.35%	30.03%	56.24%	125.60%	12.55%
Shares Outstanding (Basic)	2,081	2,067	1,922	1,798	1,798
Shares Outstanding (Diluted)	2,092	2,091	1,967	1,843	1,810
Shares Change (YoY)	0.05%	6.33%	6.74%	1.81%	0.36%
EPS (Basic)	7.32	7.27	6.01	4.12	1.82
EPS (Diluted)	7.28	7.19	5.88	4.01	1.81
EPS Growth	1.25%	22.28%	46.63%	121.55%	11.73%
Free Cash Flow	-4,701	248.7	15,545	15,179	6,672
Free Cash Flow Per Share	-2.25	0.12	7.90	8.24	3.69
Dividend Per Share	0.900	0.800	0.550	-	-
Dividend Growth	12.50%	45.45%	-	-	-
Gross Margin	52.92%	55.75%	56.42%	55.15%	55.82%
Operating Margin	37.11%	38.58%	41.01%	38.97%	33.01%
Profit Margin	28.41%	33.52%	30.65%	23.10%	14.37%
Free Cash Flow Margin	-8.77%	0.56%	41.22%	47.39%	29.24%
EBITDA	26,037	22,454	19,579	16,189	10,985
EBITDA Margin	48.56%	50.08%	51.92%	50.54%	48.15%
D&A For EBITDA	6,141	5,157	4,115	3,706	3,455
EBIT	19,896	17,297	15,464	12,483	7,530
EBIT Margin	37.11%	38.58%	41.01%	38.97%	33.01%
Effective Tax Rate	17.40%	15.61%	20.77%	7.58%	22.43%
Revenue as Reported	57,074	48,291	40,323	33,729	23,787
Advertising Expenses	-	66.6	51.8	31	11.89

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