Vardhman Acrylics 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	Dec '25 Dec 31, 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
Revenue	3,072	2,816	2,975	4,267	3,033	2,802
Revenue Growth (YoY)	10.56%	-5.35%	-30.28%	40.66%	8.26%	-16.20%
Cost of Revenue	2,220	2,063	2,015	2,898	2,369	1,735
Gross Profit	851.68	752.28	959.58	1,368	664.19	1,067
Selling, General & Admin	224.91	204.11	200.44	180.44	159.38	163.26
Other Operating Expenses	547.07	497.77	622.64	822.39	409.31	418.22
Operating Expenses	801.8	731.9	879.38	1,058	624.11	635.64
Operating Income	49.88	20.38	80.2	310.22	40.08	431.54
Interest Expense	-0.12	-0.22	-0.8	-0.2	-0.49	-3.73
Interest & Investment Income	2.97	2.97	1.27	1.39	21.06	67.34
Currency Exchange Gain (Loss)	14.09	14.09	13.37	39.22	19.72	-5.44
Other Non Operating Income (Expenses)	-15.72	-1.42	-1.31	-1.73	-1.93	-0.85
EBT Excluding Unusual Items	51.1	35.8	92.73	348.91	78.44	488.86
Gain (Loss) on Sale of Investments	120.16	120.16	120.17	78.59	94.7	82.16
Gain (Loss) on Sale of Assets	2.47	2.47	0.42	0.24	0.44	-
Asset Writedown	-0.88	-0.88	-1.84	-1.62	-	-0.67
Pretax Income	175.8	160.5	213.51	430.98	174.3	571.08
Income Tax Expense	39.58	42.28	38.15	102.4	28.71	141.91
Net Income	136.21	118.21	175.36	328.58	145.6	429.17
Net Income to Common	136.21	118.21	175.36	328.58	145.6	429.17
Net Income Growth	-10.12%	-32.59%	-46.63%	125.68%	-66.07%	-7.24%
Shares Outstanding (Basic)	81	80	80	80	80	80
Shares Outstanding (Diluted)	81	80	80	80	80	80
Shares Change (YoY)	0.58%	-	-	-	-	-
EPS (Basic)	1.69	1.47	2.18	4.09	1.81	5.34
EPS (Diluted)	1.69	1.47	2.18	4.09	1.81	5.34
EPS Growth	-10.59%	-32.57%	-46.68%	125.89%	-66.11%	-7.24%
Free Cash Flow	-	211.1	41.27	305.34	-120.02	389.48
Free Cash Flow Per Share	-	2.63	0.51	3.80	-1.49	4.85
Dividend Per Share	-	1.500	2.000	2.500	-	-
Dividend Growth	-	-25.00%	-20.00%	-	-	-
Gross Margin	27.73%	26.72%	32.26%	32.07%	21.90%	38.09%
Operating Margin	1.62%	0.72%	2.70%	7.27%	1.32%	15.40%
Profit Margin	4.43%	4.20%	5.90%	7.70%	4.80%	15.32%
Free Cash Flow Margin	-	7.50%	1.39%	7.16%	-3.96%	13.90%
EBITDA	58.8	48.95	134.95	363.53	92.69	484.15
EBITDA Margin	1.91%	1.74%	4.54%	8.52%	3.06%	17.28%
D&A For EBITDA	8.92	28.56	54.75	53.32	52.61	52.61
EBIT	49.88	20.38	80.2	310.22	40.08	431.54
EBIT Margin	1.62%	0.72%	2.70%	7.27%	1.32%	15.40%
Effective Tax Rate	22.52%	26.34%	17.87%	23.76%	16.47%	24.85%
Revenue as Reported	3,214	2,972	3,115	4,395	3,177	2,956

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.