United Heat Transfer 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
Period Ending	Sep '25 Sep 30, 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
Operating Revenue	598.47	668.15	601.93	716.26	476.46	329.4
Other Revenue	0.74	0.74	0.86	-	-	-0
Revenue	599.21	668.88	602.79	716.26	476.46	329.4
Revenue Growth (YoY)	-16.34%	10.96%	-15.84%	50.33%	44.65%	-
Cost of Revenue	267.47	327.65	340.42	423.83	268.23	177.84
Gross Profit	331.74	341.23	262.37	292.43	208.23	151.56
Selling, General & Admin	101.88	93.88	61.98	69.52	53.41	51.67
Other Operating Expenses	143.37	124.58	99.63	144.29	93.3	58.82
Operating Expenses	265.28	238.14	179.95	228.65	158.8	119.38
Operating Income	66.46	103.09	82.42	63.78	49.43	32.18
Interest Expense	-22.99	-30.26	-38.76	-33.52	-24.7	-11.74
Interest & Investment Income	1.79	1.79	0.58	0.84	0.63	0.54
Currency Exchange Gain (Loss)	-1.15	-1.15	1.37	1.85	2.11	1.35
Other Non Operating Income (Expenses)	-2.3	-2.3	-3.24	-4.13	-4.46	-1.41
EBT Excluding Unusual Items	41.81	71.17	42.38	28.82	23.01	20.92
Gain (Loss) on Sale of Assets	-	-	36.21	-	-	-
Pretax Income	41.81	71.17	78.59	28.82	23.01	20.92
Income Tax Expense	11	18.14	16.2	7.02	6.19	5.01
Net Income	30.81	53.03	62.39	21.8	16.82	15.91
Net Income to Common	30.81	53.03	62.39	21.8	16.82	15.91
Net Income Growth	41.32%	-15.00%	186.17%	29.63%	5.69%	-
Shares Outstanding (Basic)	18	16	13	13	13	13
Shares Outstanding (Diluted)	18	16	13	13	13	13
Shares Change (YoY)	44.84%	24.75%	0.01%	0.07%	-0.18%	-
EPS (Basic)	1.67	3.33	4.89	1.71	1.32	1.25
EPS (Diluted)	1.67	3.33	4.89	1.71	1.32	1.25
EPS Growth	-2.63%	-31.90%	185.97%	29.54%	5.88%	-
Free Cash Flow	-157.32	-91.35	16.39	42.52	-20.12	-
Free Cash Flow Per Share	-8.52	-5.74	1.28	3.34	-1.58	-
Gross Margin	55.36%	51.02%	43.53%	40.83%	43.70%	46.01%
Operating Margin	11.09%	15.41%	13.67%	8.91%	10.37%	9.77%
Profit Margin	5.14%	7.93%	10.35%	3.04%	3.53%	4.83%
Free Cash Flow Margin	-26.25%	-13.66%	2.72%	5.94%	-4.22%	-
EBITDA	85.98	122.26	100.77	78.4	61.24	41.06
EBITDA Margin	14.35%	18.28%	16.72%	10.95%	12.85%	12.47%
D&A For EBITDA	19.52	19.17	18.34	14.62	11.81	8.89
EBIT	66.46	103.09	82.42	63.78	49.43	32.18
EBIT Margin	11.09%	15.41%	13.67%	8.91%	10.37%	9.77%
Effective Tax Rate	26.30%	25.49%	20.62%	24.36%	26.91%	23.93%
Revenue as Reported	612.12	678.83	640.96	720.76	479.61	332.97
Advertising Expenses	-	0.45	0.04	5.18	0.75	1.58

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.