Zuari Agro Chemicals Limited (NSE:ZUARI)

Zuari Agro Chemicals Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	45,855	44,361	45,955	45,526	35,898	24,037
Revenue	45,855	44,361	45,955	45,526	35,898	24,037
Revenue Growth (YoY)	2.20%	-3.47%	0.94%	26.82%	49.34%	-20.98%
Cost of Revenue	29,163	28,069	30,526	31,159	23,919	15,855
Gross Profit	16,692	16,292	15,428	14,367	11,979	8,183
Selling, General & Admin	1,424	1,659	1,472	1,248	1,105	1,043
Other Operating Expenses	11,359	10,819	10,267	9,516	8,230	4,862
Operating Expenses	13,790	13,492	12,687	11,549	10,011	6,772
Operating Income	2,901	2,800	2,741	2,818	1,968	1,410
Interest Expense	-1,544	-1,560	-1,942	-1,865	-1,609	-1,849
Interest & Investment Income	-	174.94	270.79	206.68	179.37	196.88
Earnings From Equity Investments	2,149	1,503	230.38	979.26	1,603	867.39
Currency Exchange Gain (Loss)	-	-44.96	-83.42	-237.12	-256.4	-
Other Non Operating Income (Expenses)	505.6	-24.93	197.5	-25.14	308.5	195.77
EBT Excluding Unusual Items	4,012	2,848	1,414	1,877	2,193	820.87
Impairment of Goodwill	-	-	-	-	-	-0.84
Gain (Loss) on Sale of Investments	-	-	-	-0.87	-	-
Gain (Loss) on Sale of Assets	-	71.95	1,091	505.66	-54.85	42.08
Other Unusual Items	-	-	-	4,434	-	-
Pretax Income	4,012	3,031	2,506	6,834	2,138	865.3
Income Tax Expense	722.5	721.73	796.22	1,291	472.65	384.62
Earnings From Continuing Operations	3,290	2,310	1,709	5,543	1,666	480.68
Earnings From Discontinued Operations	-	-	-	-152.15	42.49	-1,743
Net Income to Company	3,290	2,310	1,709	5,390	1,708	-1,262
Minority Interest in Earnings	-743.8	-661.91	-711.2	-623.97	-403.94	-308.48
Net Income	2,546	1,648	998.29	4,766	1,304	-1,571
Net Income to Common	2,546	1,648	998.29	4,766	1,304	-1,571
Net Income Growth	91.08%	65.05%	-79.06%	265.43%	-	-
Shares Outstanding (Basic)	42	42	42	42	42	42
Shares Outstanding (Diluted)	42	42	42	42	42	42
EPS (Basic)	60.58	39.18	23.74	113.33	31.01	-37.35
EPS (Diluted)	60.58	39.18	23.74	113.33	31.01	-37.35
EPS Growth	91.42%	65.05%	-79.06%	265.43%	-	-
Free Cash Flow	-	4,065	3,293	-2,219	3,437	14,411
Free Cash Flow Per Share	-	96.66	78.30	-52.75	81.72	342.65
Gross Margin	36.40%	36.73%	33.57%	31.56%	33.37%	34.04%
Operating Margin	6.33%	6.31%	5.96%	6.19%	5.48%	5.87%
Profit Margin	5.55%	3.71%	2.17%	10.47%	3.63%	-6.54%
Free Cash Flow Margin	-	9.16%	7.17%	-4.87%	9.57%	59.95%
EBITDA	3,970	3,667	3,542	3,491	2,544	1,989
EBITDA Margin	8.66%	8.27%	7.71%	7.67%	7.09%	8.28%
D&A For EBITDA	1,069	867.43	800.88	672.74	576.27	579.14
EBIT	2,901	2,800	2,741	2,818	1,968	1,410
EBIT Margin	6.33%	6.31%	5.96%	6.19%	5.48%	5.87%
Effective Tax Rate	18.01%	23.81%	31.78%	18.89%	22.10%	44.45%
Revenue as Reported	46,361	44,904	47,729	46,473	36,503	24,662
Advertising Expenses	-	224.18	106.21	-	-	-

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