Vedant Fashions Limited (NSE: MANYAVAR)

Vedant Fashions 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	13,454	13,675	13,549	10,408	5,648	9,155
Revenue Growth (YoY)	2.47%	0.93%	30.18%	84.28%	-38.31%	14.34%
Cost of Revenue	3,637	3,796	3,533	2,681	1,475	2,518
Gross Profit	9,817	9,879	10,016	7,727	4,173	6,638
Selling, General & Admin	1,883	1,889	1,766	1,447	947.5	1,569
Other Operating Expenses	1,413	1,407	1,541	1,321	794.68	1,130
Operating Expenses	4,766	4,644	4,345	3,712	2,697	3,586
Operating Income	5,051	5,235	5,671	4,015	1,475	3,052
Interest Expense	-520.35	-445	-314.64	-284.25	-258.22	-256.06
Interest & Investment Income	135.43	135.43	88.62	79.75	136.97	196.15
Currency Exchange Gain (Loss)	-2.35	-2.35	0.05	0.58	2.82	1.97
Other Non Operating Income (Expenses)	132.59	26.49	6.58	8.12	3.88	6.41
EBT Excluding Unusual Items	4,796	4,949	5,452	3,819	1,361	3,000
Gain (Loss) on Sale of Investments	498.83	498.83	239.25	164.89	78.66	78.02
Gain (Loss) on Sale of Assets	0.35	0.35	30.55	0.87	7.22	-1.56
Other Unusual Items	33.22	33.22	31.74	190.32	368.56	14.92
Pretax Income	5,331	5,484	5,758	4,230	1,819	3,118
Income Tax Expense	1,302	1,342	1,467	1,081	490.14	752.04
Net Income	4,029	4,142	4,291	3,149	1,329	2,366
Net Income to Common	4,029	4,142	4,291	3,149	1,329	2,366
Net Income Growth	0.75%	-3.48%	36.26%	136.95%	-43.84%	29.90%
Shares Outstanding (Basic)	243	243	243	244	248	250
Shares Outstanding (Diluted)	243	243	243	244	248	250
Shares Change (YoY)	0.14%	0.13%	-0.55%	-1.63%	-0.92%	-
EPS (Basic)	16.60	17.06	17.68	12.90	5.36	9.45
EPS (Diluted)	16.57	17.04	17.68	12.90	5.36	9.45
EPS Growth	0.61%	-3.61%	37.04%	140.78%	-43.30%	29.90%
Free Cash Flow	4,581	4,791	4,653	3,488	2,401	2,150
Free Cash Flow Per Share	18.83	19.71	19.17	14.29	9.68	8.58
Dividend Per Share	-	8.500	9.000	5.000	-	2.000
Dividend Growth	-	-5.56%	80.00%	-	-	-
Gross Margin	72.97%	72.24%	73.93%	74.24%	73.88%	72.50%
Operating Margin	37.54%	38.28%	41.86%	38.58%	26.12%	33.33%
Profit Margin	29.95%	30.29%	31.67%	30.26%	23.53%	25.85%
Free Cash Flow Margin	34.05%	35.03%	34.34%	33.51%	42.51%	23.48%
EBITDA	5,268	5,331	5,760	4,109	1,593	3,174
EBITDA Margin	39.16%	38.98%	42.51%	39.48%	28.20%	34.67%
D&A For EBITDA	217.22	96.15	88.27	93.84	117.4	122.13
EBIT	5,051	5,235	5,671	4,015	1,475	3,052
EBIT Margin	37.54%	38.28%	41.86%	38.58%	26.12%	33.33%
Effective Tax Rate	24.42%	24.48%	25.48%	25.55%	26.94%	24.12%
Revenue as Reported	14,257	14,372	13,952	10,908	6,250	9,480
Advertising Expenses	-	764.37	680.14	477.65	272.15	693.52

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