NSE:MGEL 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	2016 - 2020
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	2016 - 2020
Operating Revenue	28,572	22,815	18,388	14,252	12,789	9,599	Upgrade
Revenue	28,572	22,815	18,388	14,252	12,789	9,599	Upgrade
Revenue Growth (YoY)	24.92%	24.07%	29.02%	11.43%	33.24%	64.99%	Upgrade
Cost of Revenue	27,819	22,044	17,665	13,410	12,246	9,066	Upgrade
Gross Profit	753.09	771.24	723.41	841.56	543.52	532.98	Upgrade
Selling, General & Admin	89.09	72.58	63	79.67	79.24	66.15	Upgrade
Other Operating Expenses	208.67	246.25	304.9	474.3	346.08	356.07	Upgrade
Operating Expenses	322.78	341.78	397.65	585.21	462.86	451.54	Upgrade
Operating Income	430.31	429.46	325.76	256.34	80.66	81.44	Upgrade
Interest Expense	-272.31	-277.78	-244.35	-133.86	-102.13	-67.87	Upgrade
Interest & Investment Income	149.97	149.97	90.69	15.49	27.86	19.61	Upgrade
Currency Exchange Gain (Loss)	42.84	42.84	14.04	8.89	7.53	16.26	Upgrade
Other Non Operating Income (Expenses)	-11.17	-6.96	23.03	19.37	2.87	9.03	Upgrade
EBT Excluding Unusual Items	339.64	337.54	209.18	166.23	16.79	58.46	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.94	Upgrade
Other Unusual Items	112.29	-23.1	17.15	-5.53	28.2	-	Upgrade
Pretax Income	451.94	314.44	226.33	160.7	44.99	59.41	Upgrade
Income Tax Expense	72.67	83.42	24.25	33.73	8.84	12.02	Upgrade
Earnings From Continuing Operations	379.26	231.01	202.08	126.96	36.15	47.39	Upgrade
Minority Interest in Earnings	-	-	-	-	6.88	10.54	Upgrade
Net Income	379.26	231.01	202.08	126.96	43.03	57.93	Upgrade
Net Income to Common	379.26	231.01	202.08	126.96	43.03	57.93	Upgrade
Net Income Growth	27.74%	14.31%	59.17%	195.07%	-25.72%	84.58%	Upgrade
Shares Outstanding (Basic)	333	321	288	267	251	244	Upgrade
Shares Outstanding (Diluted)	333	321	288	284	256	244	Upgrade
Shares Change (YoY)	6.82%	11.22%	1.56%	11.04%	4.72%	23.38%	Upgrade
EPS (Basic)	1.14	0.72	0.70	0.48	0.17	0.24	Upgrade
EPS (Diluted)	1.14	0.72	0.70	0.45	0.17	0.24	Upgrade
EPS Growth	19.66%	2.86%	55.56%	167.27%	-29.07%	49.61%	Upgrade
Free Cash Flow	-	-478.26	377.18	-952.74	-285.92	-552	Upgrade
Free Cash Flow Per Share	-	-1.49	1.31	-3.36	-1.12	-2.26	Upgrade
Dividend Per Share	-	0.010	0.010	0.010	0.100	0.100	Upgrade
Dividend Growth	-	-	-	-90.00%	-	49.93%	Upgrade
Gross Margin	2.64%	3.38%	3.93%	5.91%	4.25%	5.55%	Upgrade
Operating Margin	1.51%	1.88%	1.77%	1.80%	0.63%	0.85%	Upgrade
Profit Margin	1.33%	1.01%	1.10%	0.89%	0.34%	0.60%	Upgrade
Free Cash Flow Margin	-	-2.10%	2.05%	-6.69%	-2.24%	-5.75%	Upgrade
EBITDA	452.55	450.45	345.08	265.25	98.12	102.22	Upgrade
EBITDA Margin	1.58%	1.97%	1.88%	1.86%	0.77%	1.06%	Upgrade
D&A For EBITDA	22.23	20.98	19.31	8.9	17.47	20.78	Upgrade
EBIT	430.31	429.46	325.76	256.34	80.66	81.44	Upgrade
EBIT Margin	1.51%	1.88%	1.77%	1.80%	0.63%	0.85%	Upgrade
Effective Tax Rate	16.08%	26.53%	10.71%	20.99%	19.66%	20.24%	Upgrade
Revenue as Reported	28,782	23,029	18,527	14,304	12,832	9,647	Upgrade
Advertising Expenses	-	1.52	1.21	0.92	4.81	0.66	Upgrade

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