Baazar Style Retail 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	18,409	13,437	9,729	7,879	5,511
Other Revenue	-	0.55	0.83	1.51	1.39
Revenue	18,409	13,438	9,730	7,881	5,513
Revenue Growth (YoY)	37.00%	38.11%	23.46%	42.96%	29.13%
Cost of Revenue	12,264	9,001	6,529	5,386	3,799
Gross Profit	6,146	4,437	3,201	2,494	1,713
Selling, General & Admin	1,551	1,456	1,047	834.68	562.11
Other Operating Expenses	1,954	1,040	705.43	616.86	449.59
Operating Expenses	5,206	3,495	2,487	2,063	1,542
Operating Income	939.86	941.92	713.42	431	170.92
Interest Expense	-768.28	-688.02	-490.76	-408.44	-353.05
Interest & Investment Income	-	14.36	13.36	9.2	9.56
Other Non Operating Income (Expenses)	116.2	2.75	3.26	9.61	54.44
EBT Excluding Unusual Items	287.77	271.01	239.29	41.37	-118.13
Gain (Loss) on Sale of Assets	-	-28.08	-12.75	-14.16	-8.68
Other Unusual Items	325.11	-55.47	64.24	26.85	25.66
Pretax Income	612.88	188.78	292.2	54.06	-100.48
Income Tax Expense	144.2	42.15	72.77	3.05	-20.41
Net Income	468.68	146.63	219.43	51.02	-80.07
Net Income to Common	468.68	146.63	219.43	51.02	-80.07
Net Income Growth	219.63%	-33.18%	330.11%	-	-
Shares Outstanding (Basic)	75	73	70	67	61
Shares Outstanding (Diluted)	75	73	70	67	61
Shares Change (YoY)	2.70%	4.02%	3.67%	10.45%	0.05%
EPS (Basic)	6.28	2.02	3.14	0.76	-1.31
EPS (Diluted)	6.28	2.02	3.14	0.76	-1.31
EPS Growth	211.22%	-35.74%	314.72%	-	-
Free Cash Flow	-226.2	-546.33	270.48	-105.08	-113.25
Free Cash Flow Per Share	-3.03	-7.52	3.87	-1.56	-1.86
Gross Margin	33.38%	33.02%	32.90%	31.65%	31.08%
Operating Margin	5.10%	7.01%	7.33%	5.47%	3.10%
Profit Margin	2.55%	1.09%	2.25%	0.65%	-1.45%
Free Cash Flow Margin	-1.23%	-4.07%	2.78%	-1.33%	-2.05%
EBITDA	2,641	1,223	927.71	613.43	315.48
EBITDA Margin	14.35%	9.10%	9.54%	7.78%	5.72%
D&A For EBITDA	1,701	281.28	214.28	182.43	144.56
EBIT	939.86	941.92	713.42	431	170.92
EBIT Margin	5.10%	7.01%	7.33%	5.47%	3.10%
Effective Tax Rate	23.53%	22.33%	24.91%	5.63%	-
Revenue as Reported	18,526	13,527	9,828	7,944	5,611
Advertising Expenses	-	227.31	160.57	119.45	77.72

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