Kandal M Venture Limited (FMFC)

Kandal M Venture Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023
Revenue	17.19	13.97	13.47
Revenue Growth (YoY)	23.01%	3.71%	-
Cost of Revenue	13.83	10.6	10.66
Gross Profit	3.36	3.37	2.81
Selling, General & Admin	2.98	1.89	1.82
Operating Expenses	2.98	1.89	1.82
Operating Income	0.37	1.48	0.99
Interest Expense	-0.58	-0.4	-0.19
Interest & Investment Income	0.37	0.17	-
Currency Exchange Gain (Loss)	-0.01	0.02	-
Other Non Operating Income (Expenses)	0.07	0.03	0.05
Pretax Income	0.23	1.3	0.86
Income Tax Expense	0.02	0.18	0.11
Net Income	0.21	1.12	0.74
Net Income to Common	0.21	1.12	0.74
Net Income Growth	-81.27%	50.37%	-
Shares Outstanding (Basic)	16	16	16
Shares Outstanding (Diluted)	16	16	16
EPS (Basic)	0.01	0.07	0.05
EPS (Diluted)	0.01	0.07	0.05
EPS Growth	-81.27%	50.37%	-
Free Cash Flow	2.12	3.12	2.16
Free Cash Flow Per Share	0.13	0.20	0.14
Gross Margin	19.53%	24.10%	20.88%
Operating Margin	2.18%	10.61%	7.34%
Profit Margin	1.22%	8.01%	5.53%
Free Cash Flow Margin	12.32%	22.30%	16.07%
EBITDA	0.57	1.68	1.23
EBITDA Margin	3.31%	12.03%	9.13%
D&A For EBITDA	0.19	0.2	0.24
EBIT	0.37	1.48	0.99
EBIT Margin	2.18%	10.61%	7.34%
Effective Tax Rate	8.42%	13.73%	12.96%

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

SEC Filings: 10-K · 10-Q