Manav Infra Projects 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
Revenue	275.73	244.97	143.11	119.47	53.92	50.51
Revenue Growth (YoY)	82.02%	71.17%	19.79%	121.57%	6.75%	-41.53%
Cost of Revenue	9.63	14.84	9.78	14.78	26.03	21.21
Gross Profit	266.1	230.14	133.33	104.69	27.89	29.3
Selling, General & Admin	8.63	7.94	7.34	7.37	8.86	10.35
Other Operating Expenses	206.18	167.78	93.52	67.77	33.81	47.77
Operating Expenses	223.89	184.8	105.44	83.57	57.02	73.99
Operating Income	42.21	45.33	27.9	21.12	-29.13	-44.7
Interest Expense	-12.39	-14.94	-11.69	-13.98	-12.07	-13.27
Interest & Investment Income	0.01	0.01	0.03	0.05	0.08	-
Other Non Operating Income (Expenses)	1.89	-0.36	-0.21	-0.53	-0.3	0.01
EBT Excluding Unusual Items	31.72	30.05	16.03	6.66	-41.42	-57.96
Gain (Loss) on Sale of Assets	1.01	1.01	-0.28	0.89	-0.78	-9.64
Pretax Income	32.73	31.06	15.75	7.54	-42.2	-67.6
Income Tax Expense	-1.49	-1.13	4.19	1.56	-0.94	-1.7
Net Income	34.21	32.19	11.56	5.98	-41.27	-65.9
Net Income to Common	34.21	32.19	11.56	5.98	-41.27	-65.9
Net Income Growth	166.74%	178.39%	93.23%	-	-	-
Shares Outstanding (Basic)	10	7	7	7	7	7
Shares Outstanding (Diluted)	10	7	7	7	7	7
Shares Change (YoY)	51.07%	1.01%	-	-	-	0.05%
EPS (Basic)	3.36	4.66	1.69	0.88	-6.04	-9.64
EPS (Diluted)	3.36	4.66	1.69	0.88	-6.04	-9.64
EPS Growth	76.66%	175.74%	93.08%	-	-	-
Free Cash Flow	-26.39	-1.63	-2.38	33.61	11.15	9.37
Free Cash Flow Per Share	-2.59	-0.24	-0.35	4.92	1.63	1.37
Gross Margin	96.51%	93.94%	93.17%	87.63%	51.73%	58.00%
Operating Margin	15.31%	18.51%	19.49%	17.68%	-54.02%	-88.49%
Profit Margin	12.41%	13.14%	8.08%	5.01%	-76.54%	-130.47%
Free Cash Flow Margin	-9.57%	-0.67%	-1.67%	28.13%	20.68%	18.55%
EBITDA	50.5	53.62	32.91	28.21	-18.4	-28.83
EBITDA Margin	18.31%	21.89%	23.00%	23.61%	-34.12%	-57.07%
D&A For EBITDA	8.29	8.29	5.02	7.08	10.73	15.87
EBIT	42.21	45.33	27.9	21.12	-29.13	-44.7
EBIT Margin	15.31%	18.51%	19.49%	17.68%	-54.02%	-88.49%
Effective Tax Rate	-	-	26.58%	20.68%	-	-
Revenue as Reported	279.49	246.49	143.14	120.69	54	50.63

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