The Ugar Sugar Works Limited (NSE:UGARSUGAR)

The Ugar Sugar Works Income Statement

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Revenue	14,843	13,298	11,512	17,942	11,375
Revenue	14,843	13,298	11,512	17,942	11,375
Revenue Growth (YoY)	11.61%	15.52%	-35.84%	57.73%	19.04%
Cost of Revenue	12,612	11,731	9,531	14,462	9,337
Gross Profit	2,231	1,567	1,981	3,480	2,038
Selling, General & Admin	892.72	910.61	1,032	1,094	796.12
Other Operating Expenses	302.89	251.94	243.65	298.76	246.21
Operating Expenses	1,528	1,438	1,567	1,573	1,157
Operating Income	702.91	129.44	414.17	1,907	880.84
Interest Expense	-610.73	-442.66	-410.38	-440.72	-414.35
Interest & Investment Income	-	51.01	29.64	7.53	6.72
Other Non Operating Income (Expenses)	75.17	25.37	266.78	1.45	-7.14
EBT Excluding Unusual Items	167.35	-236.85	300.21	1,475	466.06
Gain (Loss) on Sale of Investments	-	15.59	-0.58	-0.97	-0.68
Gain (Loss) on Sale of Assets	-	-	0.29	-	0.02
Asset Writedown	-	-0.14	-1.92	-	-3.48
Pretax Income	167.35	-221.11	298.01	1,484	463.68
Income Tax Expense	31.23	-58.62	86.59	453.44	30.4
Net Income	136.12	-162.5	211.43	1,030	433.28
Net Income to Common	136.12	-162.5	211.43	1,030	433.28
Net Income Growth	-	-	-79.48%	137.83%	154.12%
Shares Outstanding (Basic)	112	113	113	113	113
Shares Outstanding (Diluted)	112	113	113	113	113
Shares Change (YoY)	-0.00%	-	-	-	-
EPS (Basic)	1.21	-1.44	1.88	9.16	3.85
EPS (Diluted)	1.21	-1.44	1.88	9.16	3.85
EPS Growth	-	-	-79.48%	137.92%	154.02%
Free Cash Flow	197.77	-561.43	-1,402	3,348	-385.42
Free Cash Flow Per Share	1.76	-4.99	-12.46	29.76	-3.43
Dividend Per Share	0.100	-	0.250	0.500	0.250
Dividend Growth	-	-	-50.00%	100.00%	25.00%
Gross Margin	15.03%	11.78%	17.21%	19.39%	17.92%
Operating Margin	4.74%	0.97%	3.60%	10.63%	7.74%
Profit Margin	0.92%	-1.22%	1.84%	5.74%	3.81%
Free Cash Flow Margin	1.33%	-4.22%	-12.17%	18.66%	-3.39%
EBITDA	1,035	404.04	704.57	2,087	995.55
EBITDA Margin	6.98%	3.04%	6.12%	11.63%	8.75%
D&A For EBITDA	332.39	274.61	290.4	180.51	114.72
EBIT	702.91	129.44	414.17	1,907	880.84
EBIT Margin	4.74%	0.97%	3.60%	10.63%	7.74%
Effective Tax Rate	18.66%	-	29.05%	30.56%	6.56%
Revenue as Reported	15,226	14,208	13,103	19,466	13,038
Advertising Expenses	-	0.93	6.12	1.84	1.41

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