United Spirits Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020	2019 - 2015
Operating Revenue	113,900	113,210	106,120	97,124	81,313	93,254	Upgrade
Revenue	113,900	113,210	106,120	97,124	81,313	93,254	Upgrade
Revenue Growth (YoY)	5.30%	6.68%	9.26%	19.44%	-12.80%	-0.16%	Upgrade
Cost of Revenue	61,320	61,140	61,350	53,701	45,397	51,002	Upgrade
Gross Profit	52,580	52,070	44,770	43,423	35,916	42,252	Upgrade
Selling, General & Admin	18,670	17,950	17,630	15,996	13,599	15,081	Upgrade
Other Operating Expenses	13,480	14,030	12,960	11,475	11,280	11,999	Upgrade
Operating Expenses	34,910	34,730	33,420	30,380	28,241	29,449	Upgrade
Operating Income	17,670	17,340	11,350	13,043	7,675	12,803	Upgrade
Interest Expense	-920	-760	-1,040	-880	-1,876	-2,120	Upgrade
Interest & Investment Income	1,300	1,300	320	61	111	62	Upgrade
Earnings From Equity Investments	-30	-10	-10	-	-13	-33	Upgrade
Currency Exchange Gain (Loss)	-40	-40	-	4	8	8	Upgrade
Other Non Operating Income (Expenses)	410	140	10	27	23	19	Upgrade
EBT Excluding Unusual Items	18,390	17,970	10,630	12,255	5,928	10,739	Upgrade
Merger & Restructuring Charges	-480	-480	-1,960	-	-	-	Upgrade
Impairment of Goodwill	-	-	-	-	-	-283	Upgrade
Gain (Loss) on Sale of Investments	650	650	200	6	-	-	Upgrade
Gain (Loss) on Sale of Assets	120	120	200	123	168	52	Upgrade
Asset Writedown	-	-	-	-340	-139	67	Upgrade
Other Unusual Items	170	310	3,720	-1,178	-557	1,028	Upgrade
Pretax Income	18,850	18,570	12,790	10,866	5,400	11,603	Upgrade
Income Tax Expense	4,670	4,490	1,530	2,760	1,779	5,397	Upgrade
Earnings From Continuing Operations	14,180	14,080	11,260	8,106	3,621	6,206	Upgrade
Net Income to Company	14,180	14,080	11,260	8,106	3,621	6,206	Upgrade
Minority Interest in Earnings	-	-	110	180	215	383	Upgrade
Net Income	14,180	14,080	11,370	8,286	3,836	6,589	Upgrade
Net Income to Common	14,180	14,080	11,370	8,286	3,836	6,589	Upgrade
Net Income Growth	25.15%	23.83%	37.22%	116.01%	-41.78%	-5.90%	Upgrade
Shares Outstanding (Basic)	710	710	710	709	709	709	Upgrade
Shares Outstanding (Diluted)	710	710	710	709	709	709	Upgrade
Shares Change (YoY)	-0.06%	-	0.04%	-	-	-	Upgrade
EPS (Basic)	19.98	19.84	16.02	11.68	5.41	9.29	Upgrade
EPS (Diluted)	19.98	19.84	16.02	11.68	5.41	9.29	Upgrade
EPS Growth	25.22%	23.83%	37.16%	116.01%	-41.78%	-5.90%	Upgrade
Free Cash Flow	8,560	10,200	4,780	8,434	16,588	5,716	Upgrade
Free Cash Flow Per Share	12.06	14.37	6.74	11.89	23.39	8.06	Upgrade
Dividend Per Share	5.000	9.000	-	-	-	-	Upgrade
Gross Margin	46.16%	45.99%	42.19%	44.71%	44.17%	45.31%	Upgrade
Operating Margin	15.51%	15.32%	10.70%	13.43%	9.44%	13.73%	Upgrade
Profit Margin	12.45%	12.44%	10.71%	8.53%	4.72%	7.07%	Upgrade
Free Cash Flow Margin	7.52%	9.01%	4.50%	8.68%	20.40%	6.13%	Upgrade
EBITDA	19,000	18,660	12,770	14,885	9,525	14,943	Upgrade
EBITDA Margin	16.68%	16.48%	12.03%	15.33%	11.71%	16.02%	Upgrade
D&A For EBITDA	1,330	1,320	1,420	1,842	1,850	2,140	Upgrade
EBIT	17,670	17,340	11,350	13,043	7,675	12,803	Upgrade
EBIT Margin	15.51%	15.32%	10.70%	13.43%	9.44%	13.73%	Upgrade
Effective Tax Rate	24.77%	24.18%	11.96%	25.40%	32.94%	46.51%	Upgrade
Revenue as Reported	266,350	262,430	278,890	310,973	274,581	288,457	Upgrade
Advertising Expenses	-	10,480	9,220	6,949	5,747	7,173	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.