Laurus Labs Limited (NSE: LAURUSLABS)

Laurus Labs Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	50,532	50,408	60,406	49,356	48,135	28,317
Revenue Growth (YoY)	-5.23%	-16.55%	22.39%	2.54%	69.99%	23.55%
Cost of Revenue	24,599	25,398	28,598	22,488	21,990	14,461
Gross Profit	25,933	25,010	31,808	26,868	26,145	13,856
Selling, General & Admin	6,817	6,529	5,995	5,043	4,380	3,554
Other Operating Expenses	11,372	10,687	9,625	7,559	6,208	4,598
Operating Expenses	22,331	21,062	18,861	15,117	12,638	10,025
Operating Income	3,602	3,949	12,947	11,751	13,507	3,832
Interest Expense	-1,920	-1,718	-1,229	-757.6	-561.2	-733.9
Interest & Investment Income	56.1	56.1	45.6	17.2	13.1	9.7
Earnings From Equity Investments	5.7	-59.4	-32.1	-2	-	-
Currency Exchange Gain (Loss)	4.2	4.2	-475	0.2	159.3	-119.1
Other Non Operating Income (Expenses)	-61.6	-78.9	-197	-159.8	-100.5	-44.6
EBT Excluding Unusual Items	1,686	2,153	11,059	10,849	13,017	2,944
Gain (Loss) on Sale of Assets	-19.3	-19.3	-2.1	-12.1	-6.1	-7.5
Pretax Income	1,837	2,304	11,057	10,837	13,011	2,936
Income Tax Expense	527.4	681.5	3,123	2,514	3,173	383.4
Earnings From Continuing Operations	1,310	1,623	7,934	8,322	9,838	2,553
Minority Interest in Earnings	1.1	-17.2	-33.2	-47.1	-2.4	-
Net Income	1,311	1,606	7,901	8,275	9,836	2,553
Net Income to Common	1,311	1,606	7,901	8,275	9,836	2,553
Net Income Growth	-64.36%	-79.68%	-4.52%	-15.87%	285.31%	172.25%
Shares Outstanding (Basic)	540	539	538	537	536	533
Shares Outstanding (Diluted)	540	540	540	539	538	533
Shares Change (YoY)	-0.27%	0.01%	0.08%	0.19%	0.88%	0.16%
EPS (Basic)	2.43	2.98	14.69	15.42	18.36	4.79
EPS (Diluted)	2.42	2.97	14.64	15.35	18.28	4.79
EPS Growth	-64.32%	-79.71%	-4.63%	-16.03%	281.99%	171.90%
Free Cash Flow	-3,277	-126.2	37.4	342.6	442.3	1,252
Free Cash Flow Per Share	-6.07	-0.23	0.07	0.64	0.82	2.35
Dividend Per Share	0.800	0.800	2.000	2.000	2.000	0.500
Dividend Growth	-50.00%	-60.00%	0%	0%	300.00%	66.67%
Gross Margin	51.32%	49.62%	52.66%	54.44%	54.32%	48.93%
Operating Margin	7.13%	7.83%	21.43%	23.81%	28.06%	13.53%
Profit Margin	2.59%	3.18%	13.08%	16.77%	20.43%	9.01%
Free Cash Flow Margin	-6.48%	-0.25%	0.06%	0.69%	0.92%	4.42%
EBITDA	7,578	7,629	16,059	14,177	15,498	5,646
EBITDA Margin	15.00%	15.13%	26.59%	28.72%	32.20%	19.94%
D&A For EBITDA	3,977	3,680	3,113	2,427	1,991	1,815
EBIT	3,602	3,949	12,947	11,751	13,507	3,832
EBIT Margin	7.13%	7.83%	21.43%	23.81%	28.06%	13.53%
Effective Tax Rate	28.71%	29.58%	28.24%	23.20%	24.39%	13.06%
Revenue as Reported	50,757	50,616	60,420	49,492	48,359	28,367
Advertising Expenses	-	106.8	166	4.9	18.9	62.7

Source: S&P Capital IQ. Standard template. Financial Sources.