Marushika Technology Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	852.49	606.62	369.89	398.64	295.14
Revenue Growth (YoY)	40.53%	64.00%	-7.21%	35.07%	-41.04%
Cost of Revenue	697.6	506.82	309.24	357.28	272.71
Gross Profit	154.89	99.8	60.65	41.35	22.42
Selling, General & Admin	31.42	25.47	23.1	22.36	13.22
Other Operating Expenses	15.62	11.57	16.21	5.67	1.93
Operating Expenses	51.09	40.82	41.23	29.56	16.14
Operating Income	103.8	58.99	19.42	11.79	6.28
Interest Expense	-20.03	-15.29	-9.74	-5.73	-3.41
Interest & Investment Income	3.33	0.57	0.29	0.22	0.21
Currency Exchange Gain (Loss)	0.45	1.15	-0.97	-0.11	-0.01
Other Non Operating Income (Expenses)	-2.97	-4.8	-3.62	-1.18	-1.11
EBT Excluding Unusual Items	84.58	40.62	5.37	4.99	1.96
Gain (Loss) on Sale of Assets	-	-	0.14	0.07	-
Pretax Income	84.58	40.62	5.51	5.06	1.96
Income Tax Expense	21.71	9.21	1.49	1.35	0.72
Net Income	62.86	31.41	4.02	3.7	1.24
Net Income to Common	62.86	31.41	4.02	3.7	1.24
Net Income Growth	100.13%	680.71%	8.60%	199.27%	-74.49%
Shares Outstanding (Basic)	6	6	5	5	4
Shares Outstanding (Diluted)	6	6	5	5	4
Shares Change (YoY)	2.21%	10.14%	7.19%	17.32%	-
EPS (Basic)	10.21	5.21	0.74	0.73	0.28
EPS (Diluted)	10.21	5.21	0.74	0.73	0.28
EPS Growth	95.95%	608.32%	1.36%	155.26%	-74.52%
Free Cash Flow	-10.92	-68.7	-47.08	-21.46	15.96
Free Cash Flow Per Share	-1.77	-11.40	-8.61	-4.21	3.67
Gross Margin	18.17%	16.45%	16.40%	10.37%	7.60%
Operating Margin	12.18%	9.72%	5.25%	2.96%	2.13%
Profit Margin	7.37%	5.18%	1.09%	0.93%	0.42%
Free Cash Flow Margin	-1.28%	-11.33%	-12.73%	-5.38%	5.41%
EBITDA	107.69	61.49	21.34	13.32	7.27
EBITDA Margin	12.63%	10.14%	5.77%	3.34%	2.46%
D&A For EBITDA	3.89	2.5	1.93	1.53	0.99
EBIT	103.8	58.99	19.42	11.79	6.28
EBIT Margin	12.18%	9.72%	5.25%	2.96%	2.13%
Effective Tax Rate	25.67%	22.67%	27.01%	26.77%	36.90%
Revenue as Reported	856.26	608.34	370.32	398.93	295.44
Advertising Expenses	4.11	0.43	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.