MAS Financial Services Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Interest and Dividend Income	16,487	13,593	10,771	8,340	5,935
Total Interest Expense	9,067	7,237	6,158	4,708	3,210
Net Interest Income	7,420	6,356	4,613	3,633	2,725
Commissions and Fees	1,115	837.7	711.9	509	212.2
Gain (Loss) on Sale of Investments	2,335	1,542	1,404	950.1	758
Other Revenue	86	34	15.4	9.8	6.99
Revenue Before Loan Losses	10,956	8,769	6,745	5,102	3,702
Provision for Loan Losses	-	971.5	751.7	462.7	322.6
Revenue	10,956	7,798	5,993	4,639	3,379
Revenue Growth (YoY)	40.50%	30.11%	29.20%	37.28%	21.69%
Salaries & Employee Benefits	1,706	1,341	1,005	707	477.9
Cost of Services Provided	1,260	780.1	573	555	284.9
Other Operating Expenses	1,022	1,398	978	637.2	424.8
Total Operating Expenses	4,060	3,575	2,598	1,926	1,208
Operating Income	6,896	4,223	3,395	2,712	2,171
Currency Exchange Gain (Loss)	-	-4.8	0.6	-	-
EBT Excluding Unusual Items	6,896	4,218	3,395	2,712	2,171
Gain (Loss) on Sale of Investments	-	-8.3	0.6	3.1	-5.3
Other Unusual Items	-48.2	-	-	-	-
Pretax Income	5,050	4,210	3,397	2,717	2,166
Income Tax Expense	1,292	1,070	856.6	658.3	553.5
Earnings From Continuing Ops.	3,758	3,140	2,540	2,058	1,612
Minority Interest in Earnings	-46.1	-36	-29.6	-25.6	-19.7
Net Income	3,712	3,104	2,511	2,033	1,592
Net Income to Common	3,712	3,104	2,511	2,033	1,592
Net Income Growth	19.60%	23.63%	23.51%	27.65%	10.30%
Shares Outstanding (Basic)	181	178	164	164	164
Shares Outstanding (Diluted)	181	178	164	164	164
Shares Change (YoY)	2.17%	8.29%	-	-	-
EPS (Basic)	20.46	17.48	15.31	12.39	9.71
EPS (Diluted)	20.46	17.48	15.31	12.39	9.71
EPS Growth	17.06%	14.17%	23.56%	27.60%	10.30%
Free Cash Flow	-18,784	-11,630	-13,883	-14,369	-8,106
Free Cash Flow Per Share	-103.53	-65.49	-84.66	-87.62	-49.43
Dividend Per Share	-	1.700	1.510	1.217	1.000
Dividend Growth	-	12.58%	24.11%	21.67%	100.00%
Operating Margin	62.94%	54.16%	56.64%	58.47%	64.24%
Profit Margin	33.88%	39.80%	41.89%	43.82%	47.12%
Free Cash Flow Margin	-171.46%	-149.15%	-231.66%	-309.75%	-239.89%
Effective Tax Rate	25.58%	25.42%	25.22%	24.23%	25.56%
Revenue as Reported	20,023	16,002	12,904	9,810	6,912

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