Welspun Living Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	93,991	105,451	96,792	80,938	93,115
Other Revenue	688	-	-	15.3	15.3
Revenue	94,679	105,451	96,792	80,953	93,130
Revenue Growth (YoY)	-10.21%	8.95%	19.57%	-13.08%	26.88%
Cost of Revenue	50,532	56,755	51,861	45,889	51,764
Gross Profit	44,147	48,696	44,932	35,064	41,366
Selling, General & Admin	11,450	12,037	12,094	9,868	10,068
Other Operating Expenses	24,077	23,648	19,080	17,212	17,520
Operating Expenses	39,468	39,418	35,119	31,506	31,794
Operating Income	4,679	9,277	9,813	3,558	9,572
Interest Expense	-1,615	-1,892	-1,264	-1,031	-915.6
Interest & Investment Income	-	570.9	478.9	568.5	279.4
Earnings From Equity Investments	-	3.9	1.1	0.5	1.3
Currency Exchange Gain (Loss)	-	-	63.5	-382.8	-85.1
Other Non Operating Income (Expenses)	-	275.6	439.8	133.5	-110.3
EBT Excluding Unusual Items	3,064	8,236	9,532	2,846	8,742
Gain (Loss) on Sale of Investments	-	270.7	75.9	4.6	-1.2
Gain (Loss) on Sale of Assets	-	-	9.2	97	-24.2
Other Unusual Items	-189.7	66	2.6	11.2	13.6
Pretax Income	2,875	8,602	9,670	3,019	8,730
Income Tax Expense	745.8	2,162	2,942	994	2,663
Earnings From Continuing Operations	2,129	6,440	6,727	2,025	6,067
Minority Interest in Earnings	-84.5	-48.6	83.6	-36.8	-55.4
Net Income	2,044	6,392	6,811	1,988	6,012
Net Income to Common	2,044	6,392	6,811	1,988	6,012
Net Income Growth	-68.01%	-6.16%	242.55%	-66.93%	11.39%
Shares Outstanding (Basic)	955	955	965	984	993
Shares Outstanding (Diluted)	955	956	965	984	993
Shares Change (YoY)	-0.10%	-0.90%	-1.96%	-0.86%	-1.19%
EPS (Basic)	2.14	6.70	7.06	2.02	6.06
EPS (Diluted)	2.14	6.68	7.06	2.02	6.06
EPS Growth	-67.96%	-5.38%	249.50%	-66.64%	12.77%
Free Cash Flow	7,239	-247.2	2,574	4,809	570
Free Cash Flow Per Share	7.58	-0.26	2.67	4.89	0.57
Dividend Per Share	-	1.700	0.100	0.100	0.150
Dividend Growth	-	1600.00%	-	-33.33%	-
Gross Margin	46.63%	46.18%	46.42%	43.31%	44.42%
Operating Margin	4.94%	8.80%	10.14%	4.40%	10.28%
Profit Margin	2.16%	6.06%	7.04%	2.46%	6.46%
Free Cash Flow Margin	7.65%	-0.23%	2.66%	5.94%	0.61%
EBITDA	8,620	12,556	13,359	7,574	13,397
EBITDA Margin	9.11%	11.91%	13.80%	9.36%	14.38%
D&A For EBITDA	3,941	3,278	3,546	4,016	3,825
EBIT	4,679	9,277	9,813	3,558	9,572
EBIT Margin	4.94%	8.80%	10.14%	4.40%	10.28%
Effective Tax Rate	25.94%	25.13%	30.43%	32.92%	30.50%
Revenue as Reported	94,679	106,972	98,251	82,151	93,773
Advertising Expenses	-	1,554	1,306	1,234	1,014

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