NSE:MEIL 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
Operating Revenue	5,797	5,494	4,495	3,543	2,566
Other Revenue	73.11	1.97	0.15	0.01	-0
Revenue	5,870	5,496	4,495	3,543	2,566
Revenue Growth (YoY)	6.80%	22.27%	26.87%	38.05%	91.97%
Cost of Revenue	4,579	4,167	3,645	2,688	1,874
Gross Profit	1,291	1,330	849.95	854.83	692.29
Selling, General & Admin	284.84	245.65	201.28	166.02	127.17
Other Operating Expenses	249.6	257.62	221.38	226.17	276.3
Operating Expenses	593.65	554.58	464.21	442.04	469.15
Operating Income	697.39	774.94	385.73	412.79	223.14
Interest Expense	-116.24	-128.66	-113.46	-97.95	-111.67
Interest & Investment Income	-	6.44	5.78	9.36	7.74
Currency Exchange Gain (Loss)	-	10.22	14.03	14.96	17.82
Other Non Operating Income (Expenses)	0	-23.12	-17.4	-15.41	-22.8
EBT Excluding Unusual Items	581.15	639.82	274.7	323.74	114.24
Gain (Loss) on Sale of Assets	-	0.19	0.53	0.58	1.88
Asset Writedown	-	-3.4	-	-	-
Pretax Income	581.15	637.09	281.09	328.7	117.12
Income Tax Expense	149.44	164.02	71.6	81.32	25.17
Net Income	431.71	473.07	209.49	247.38	91.95
Net Income to Common	431.71	473.07	209.49	247.38	91.95
Net Income Growth	-8.74%	125.82%	-15.32%	169.03%	534.95%
Shares Outstanding (Basic)	25	21	15	15	15
Shares Outstanding (Diluted)	25	21	15	15	15
Shares Change (YoY)	20.61%	41.38%	-	-	-
EPS (Basic)	17.46	23.08	14.45	17.06	6.34
EPS (Diluted)	17.46	23.08	14.45	17.06	6.34
EPS Growth	-24.34%	59.73%	-15.32%	169.03%	534.95%
Free Cash Flow	-1,383	-424.11	249.88	240.17	89.91
Free Cash Flow Per Share	-55.93	-20.69	17.23	16.56	6.20
Gross Margin	21.99%	24.19%	18.91%	24.13%	26.97%
Operating Margin	11.88%	14.10%	8.58%	11.65%	8.69%
Profit Margin	7.36%	8.61%	4.66%	6.98%	3.58%
Free Cash Flow Margin	-23.56%	-7.72%	5.56%	6.78%	3.50%
EBITDA	756.6	823.32	425.55	448.74	255.67
EBITDA Margin	12.89%	14.98%	9.47%	12.67%	9.96%
D&A For EBITDA	59.2	48.38	39.82	35.95	32.53
EBIT	697.39	774.94	385.73	412.79	223.14
EBIT Margin	11.88%	14.10%	8.58%	11.65%	8.69%
Effective Tax Rate	25.71%	25.75%	25.47%	24.74%	21.49%
Revenue as Reported	5,870	5,514	4,521	3,578	2,595
Advertising Expenses	-	8.62	3.7	4.06	1.42

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