Madhav Copper 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	Dec '25 Dec 31, 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
Operating Revenue	1,917	1,247	355	-	1,223	3,833
Other Revenue	-	-	0	-	-	-
Revenue	1,917	1,247	355	-	1,223	3,833
Revenue Growth (YoY)	96.36%	251.19%	-	-	-68.11%	89.52%
Cost of Revenue	1,715	1,081	319.59	9.63	1,180	3,663
Gross Profit	202.35	165.99	35.41	-9.63	42.44	170.59
Selling, General & Admin	34.12	25.84	13.21	5.15	11.7	11.42
Other Operating Expenses	91.96	77.12	-10.71	9.35	20.97	66.99
Operating Expenses	141.31	119.6	20.96	37	61.49	104.72
Operating Income	61.04	46.39	14.46	-46.63	-19.05	65.87
Interest Expense	-30.4	-18.45	-5.66	-5.66	-8.69	-8.28
Interest & Investment Income	2.65	2.65	0.45	0.23	1.09	1.89
Currency Exchange Gain (Loss)	3.1	3.1	1.4	1.07	1.95	0.19
Other Non Operating Income (Expenses)	0.82	0.83	-	0.38	0.03	0
EBT Excluding Unusual Items	37.21	34.51	10.65	-50.61	-24.68	59.67
Gain (Loss) on Sale of Investments	-	-	-0.15	-2.13	5.57	0.04
Other Unusual Items	-	-	-	0.01	0.22	1.14
Pretax Income	37.24	34.54	11.56	-52.74	-18.89	60.85
Income Tax Expense	4.23	-12.34	-0.72	-8.6	5.51	16.16
Net Income	33	46.88	12.27	-44.14	-24.4	44.69
Net Income to Common	33	46.88	12.27	-44.14	-24.4	44.69
Net Income Growth	-53.97%	281.98%	-	-	-	0.43%
Shares Outstanding (Basic)	27	27	27	27	27	27
Shares Outstanding (Diluted)	27	27	27	27	27	27
Shares Change (YoY)	-0.50%	-	-	-	0.22%	-0.22%
EPS (Basic)	1.21	1.73	0.45	-1.63	-0.90	1.65
EPS (Diluted)	1.21	1.73	0.45	-1.63	-0.90	1.65
EPS Growth	-53.70%	283.79%	-	-	-	0.65%
Free Cash Flow	-	24.28	-21.84	-5.96	5.79	-57.62
Free Cash Flow Per Share	-	0.89	-0.81	-0.22	0.21	-2.13
Gross Margin	10.55%	13.31%	9.98%	-	3.47%	4.45%
Operating Margin	3.18%	3.72%	4.07%	-	-1.56%	1.72%
Profit Margin	1.72%	3.76%	3.46%	-	-2.00%	1.17%
Free Cash Flow Margin	-	1.95%	-6.15%	-	0.47%	-1.50%
EBITDA	76.31	63.03	32.91	-24.13	9.77	92.19
EBITDA Margin	3.98%	5.06%	9.27%	-	0.80%	2.40%
D&A For EBITDA	15.27	16.64	18.46	22.51	28.82	26.32
EBIT	61.04	46.39	14.46	-46.63	-19.05	65.87
EBIT Margin	3.18%	3.72%	4.07%	-	-1.56%	1.72%
Effective Tax Rate	11.37%	-	-	-	-	26.56%
Revenue as Reported	1,927	1,255	403.07	2.07	1,239	3,836
Advertising Expenses	-	0.6	0.01	-	-	0.3

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.