Maheshwari Logistics 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	Sep '25 Sep 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
Other Revenue	-0	-0	-	-	-	-
Revenue	10,376	9,731	10,480	11,490	10,349	6,762
Revenue Growth (YoY)	2.13%	-7.14%	-8.79%	11.03%	53.05%	-11.03%
Cost of Revenue	8,340	7,695	8,373	9,403	8,351	4,983
Gross Profit	2,037	2,036	2,107	2,088	1,998	1,779
Selling, General & Admin	217.64	208.24	221.53	171.1	155.13	133.81
Other Operating Expenses	1,088	1,138	1,341	1,410	1,321	1,209
Operating Expenses	1,475	1,507	1,682	1,699	1,598	1,471
Operating Income	562.12	529.61	425.2	388.69	400.29	307.56
Interest Expense	-246.52	-226.89	-190.48	-157.45	-126.75	-154.45
Interest & Investment Income	14.35	14.35	14.41	11.77	5.88	8.38
Currency Exchange Gain (Loss)	2.93	2.93	4.67	4.62	11.21	8.19
Other Non Operating Income (Expenses)	-57.56	-70.41	-80.5	-66.71	-53.29	-42.56
EBT Excluding Unusual Items	275.31	249.58	173.3	180.92	237.35	127.11
Gain (Loss) on Sale of Investments	0.16	0.16	-	-1.34	-	-
Gain (Loss) on Sale of Assets	0.02	0.02	8.9	2.74	0.28	1.34
Pretax Income	275.49	249.76	182.2	182.32	237.62	128.45
Income Tax Expense	83.92	65.57	44.7	47.5	66.11	35.58
Net Income	190.51	184.2	137.5	134.82	171.51	92.88
Net Income to Common	190.51	184.2	137.5	134.82	171.51	92.88
Net Income Growth	31.87%	33.96%	1.99%	-21.39%	84.67%	-36.82%
Shares Outstanding (Basic)	29	30	30	30	30	30
Shares Outstanding (Diluted)	29	30	30	30	30	30
Shares Change (YoY)	-1.39%	-	-	-	-	-
EPS (Basic)	6.48	6.22	4.65	4.56	5.79	3.14
EPS (Diluted)	6.48	6.22	4.65	4.56	5.79	3.14
EPS Growth	33.66%	33.89%	1.99%	-21.33%	84.51%	-36.82%
Free Cash Flow	-266.97	274.59	-392.43	28.1	-269.7	400.23
Free Cash Flow Per Share	-9.09	9.28	-13.26	0.95	-9.11	13.52
Dividend Per Share	-	-	-	-	0.500	0.500
Gross Margin	19.63%	20.93%	20.11%	18.17%	19.31%	26.31%
Operating Margin	5.42%	5.44%	4.06%	3.38%	3.87%	4.55%
Profit Margin	1.84%	1.89%	1.31%	1.17%	1.66%	1.37%
Free Cash Flow Margin	-2.57%	2.82%	-3.74%	0.24%	-2.61%	5.92%
EBITDA	724.26	683.02	535.75	498.35	508.84	419.1
EBITDA Margin	6.98%	7.02%	5.11%	4.34%	4.92%	6.20%
D&A For EBITDA	162.15	153.42	110.55	109.66	108.55	111.54
EBIT	562.12	529.61	425.2	388.69	400.29	307.56
EBIT Margin	5.42%	5.44%	4.06%	3.38%	3.87%	4.55%
Effective Tax Rate	30.46%	26.25%	24.53%	26.05%	27.82%	27.70%
Revenue as Reported	10,438	9,781	10,520	11,515	10,376	6,780

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.