Madhusudan Masala 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	Jun '25 Jun 30, 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	2,542	2,309	1,622	1,272	654.08	686.8
Other Revenue	-	0.03	-0	-0	-	-
Revenue	2,542	2,309	1,622	1,272	654.08	686.8
Revenue Growth (YoY)	37.51%	42.35%	27.52%	94.50%	-4.76%	-
Cost of Revenue	2,127	1,928	1,384	1,113	598.03	620.35
Gross Profit	415.49	381.26	238	158.96	56.05	66.45
Selling, General & Admin	55.47	57.4	35.41	19.7	15.68	18.45
Other Operating Expenses	87.8	74.09	25.92	23.23	18.23	18.73
Operating Expenses	168.67	155.14	70.61	49.23	40.58	42.77
Operating Income	246.81	226.13	167.39	109.72	15.47	23.68
Interest Expense	-63.65	-57.88	-39.01	-29.43	-16.19	-16.65
Interest & Investment Income	-	1.16	0.81	0.04	0.01	0.12
Other Non Operating Income (Expenses)	-0	0.38	-5.34	-2.53	10.22	-1.04
EBT Excluding Unusual Items	183.15	169.78	123.86	77.8	9.52	6.12
Gain (Loss) on Sale of Assets	-	-	-	-	0.19	0.06
Other Unusual Items	30.72	30.72	-	-	-	-
Pretax Income	213.88	200.5	123.86	77.8	9.7	6.17
Income Tax Expense	54.64	50.28	31.89	20.26	1.57	1.68
Net Income	159.24	150.23	91.97	57.55	8.13	4.5
Net Income to Common	159.24	150.23	91.97	57.55	8.13	4.5
Net Income Growth	47.34%	63.34%	59.83%	607.90%	80.73%	-
Shares Outstanding (Basic)	14	14	11	9	1	1
Shares Outstanding (Diluted)	14	14	11	9	1	1
Shares Change (YoY)	12.12%	23.58%	23.57%	847.93%	-	-
EPS (Basic)	11.30	10.93	8.27	6.39	8.56	4.74
EPS (Diluted)	11.30	10.93	8.27	6.39	8.56	4.74
EPS Growth	31.42%	32.17%	29.34%	-25.32%	80.73%	-
Free Cash Flow	-	-417.78	-320.05	-153.45	-50.55	8.09
Free Cash Flow Per Share	-	-30.40	-28.78	-17.05	-53.24	8.52
Gross Margin	16.34%	16.51%	14.67%	12.50%	8.57%	9.68%
Operating Margin	9.71%	9.79%	10.32%	8.63%	2.37%	3.45%
Profit Margin	6.26%	6.50%	5.67%	4.52%	1.24%	0.66%
Free Cash Flow Margin	-	-18.09%	-19.73%	-12.06%	-7.73%	1.18%
EBITDA	272.21	249.78	176.68	116.03	22.14	29.28
EBITDA Margin	10.71%	10.82%	10.89%	9.12%	3.38%	4.26%
D&A For EBITDA	25.4	23.65	9.29	6.31	6.67	5.6
EBIT	246.81	226.13	167.39	109.72	15.47	23.68
EBIT Margin	9.71%	9.79%	10.32%	8.63%	2.37%	3.45%
Effective Tax Rate	25.55%	25.08%	25.74%	26.04%	16.21%	27.15%
Revenue as Reported	2,553	2,323	1,627	1,275	665.18	687.52
Advertising Expenses	-	-	13.17	0.39	0.11	0.61

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