TBI Corn Limited (NSE:TBI)

TBI Corn Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023
Operating Revenue	2,545	2,118	1,582	1,393
Other Revenue	13.58	15.88	4.75	7.45
Revenue	2,558	2,133	1,587	1,400
Revenue Growth (YoY)	39.59%	34.43%	13.32%	-
Cost of Revenue	2,033	1,709	1,276	1,146
Gross Profit	525.71	424.79	310.97	254.66
Selling, General & Admin	54.01	9.63	8.36	6.65
Other Operating Expenses	164.46	157.31	116.43	121.33
Operating Expenses	248.24	188.78	132.87	134.14
Operating Income	277.47	236	178.09	120.52
Interest Expense	-53.31	-47.27	-39.34	-23.77
Interest & Investment Income	1.96	1.96	0.01	0.05
Currency Exchange Gain (Loss)	0.17	0.17	0.37	-1.66
Other Non Operating Income (Expenses)	-8.02	-8.03	-3.84	-2.26
EBT Excluding Unusual Items	218.26	182.83	135.3	92.89
Pretax Income	218.26	182.83	135.79	92.89
Income Tax Expense	54.62	46.5	34.78	24.28
Net Income	163.64	136.33	101.01	68.61
Net Income to Common	163.64	136.33	101.01	68.61
Net Income Growth	49.43%	34.97%	47.23%	-
Shares Outstanding (Basic)	18	18	13	11
Shares Outstanding (Diluted)	18	18	13	11
Shares Change (YoY)	-	35.73%	19.27%	-
EPS (Basic)	9.01	7.51	7.55	6.12
EPS (Diluted)	9.01	7.51	7.55	6.12
EPS Growth	-	-0.56%	23.44%	-
Free Cash Flow	118.86	-442.67	-106.74	-55.03
Free Cash Flow Per Share	6.54	-24.38	-7.98	-4.91
Gross Margin	20.55%	19.91%	19.59%	18.18%
Operating Margin	10.85%	11.06%	11.22%	8.61%
Profit Margin	6.40%	6.39%	6.36%	4.90%
Free Cash Flow Margin	4.65%	-20.75%	-6.73%	-3.93%
EBITDA	307.24	257.85	186.18	126.68
EBITDA Margin	12.01%	12.09%	11.73%	9.04%
D&A For EBITDA	29.77	21.85	8.09	6.16
EBIT	277.47	236	178.09	120.52
EBIT Margin	10.85%	11.06%	11.22%	8.61%
Effective Tax Rate	25.03%	25.43%	25.61%	26.14%
Revenue as Reported	2,564	2,139	1,592	1,404
Advertising Expenses	-	0.46	0.16	0.08

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