Marico Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	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	2016 - 2020
Revenue	108,310	96,530	97,640	95,120	80,480	Upgrade
Revenue Growth (YoY)	12.20%	-1.14%	2.65%	18.19%	10.02%	Upgrade
Cost of Revenue	53,880	48,290	54,100	54,870	43,170	Upgrade
Gross Profit	54,430	48,240	43,540	40,250	37,310	Upgrade
Selling, General & Admin	19,590	16,950	14,950	13,820	12,680	Upgrade
Other Operating Expenses	13,450	11,000	10,450	9,570	8,705	Upgrade
Operating Expenses	34,820	29,530	26,950	24,780	22,775	Upgrade
Operating Income	19,610	18,710	16,590	15,470	14,535	Upgrade
Interest Expense	-530	-480	-320	-190	-240	Upgrade
Interest & Investment Income	-	770	490	590	590	Upgrade
Earnings From Equity Investments	-	-	-	-	-20	Upgrade
Currency Exchange Gain (Loss)	-	-340	40	-20	-30	Upgrade
Other Non Operating Income (Expenses)	2,080	-160	-120	-90	30	Upgrade
EBT Excluding Unusual Items	21,160	18,500	16,680	15,760	14,865	Upgrade
Merger & Restructuring Charges	-	-10	-30	-50	-325	Upgrade
Impairment of Goodwill	-	-	-	-	-190	Upgrade
Gain (Loss) on Sale of Investments	-	730	500	300	240	Upgrade
Gain (Loss) on Sale of Assets	-	150	280	-	-	Upgrade
Other Unusual Items	-	-	-	-	640	Upgrade
Pretax Income	21,160	19,370	17,430	16,010	15,230	Upgrade
Income Tax Expense	4,580	4,350	4,210	3,460	3,240	Upgrade
Earnings From Continuing Operations	16,580	15,020	13,220	12,550	11,990	Upgrade
Minority Interest in Earnings	-290	-210	-200	-300	-270	Upgrade
Net Income	16,290	14,810	13,020	12,250	11,720	Upgrade
Net Income to Common	16,290	14,810	13,020	12,250	11,720	Upgrade
Net Income Growth	9.99%	13.75%	6.29%	4.52%	14.79%	Upgrade
Shares Outstanding (Basic)	1,294	1,292	1,292	1,291	1,290	Upgrade
Shares Outstanding (Diluted)	1,297	1,295	1,295	1,292	1,291	Upgrade
Shares Change (YoY)	0.12%	-0.01%	0.26%	0.09%	-0.01%	Upgrade
EPS (Basic)	12.59	11.46	10.08	9.49	9.08	Upgrade
EPS (Diluted)	12.56	11.43	10.05	9.49	9.08	Upgrade
EPS Growth	9.89%	13.73%	5.90%	4.52%	14.79%	Upgrade
Free Cash Flow	12,020	12,830	12,370	8,840	18,650	Upgrade
Free Cash Flow Per Share	9.27	9.90	9.55	6.84	14.45	Upgrade
Dividend Per Share	10.500	9.500	4.500	9.250	7.500	Upgrade
Dividend Growth	10.53%	111.11%	-51.35%	23.33%	11.11%	Upgrade
Gross Margin	50.25%	49.97%	44.59%	42.32%	46.36%	Upgrade
Operating Margin	18.11%	19.38%	16.99%	16.26%	18.06%	Upgrade
Profit Margin	15.04%	15.34%	13.33%	12.88%	14.56%	Upgrade
Free Cash Flow Margin	11.10%	13.29%	12.67%	9.29%	23.17%	Upgrade
EBITDA	21,390	19,770	17,670	16,430	15,515	Upgrade
EBITDA Margin	19.75%	20.48%	18.10%	17.27%	19.28%	Upgrade
D&A For EBITDA	1,780	1,060	1,080	960	980	Upgrade
EBIT	19,610	18,710	16,590	15,470	14,535	Upgrade
EBIT Margin	18.11%	19.38%	16.99%	16.26%	18.06%	Upgrade
Effective Tax Rate	21.64%	22.46%	24.15%	21.61%	21.27%	Upgrade
Revenue as Reported	110,390	97,950	99,080	96,100	81,420	Upgrade
Advertising Expenses	11,280	9,520	8,420	7,960	6,980	Upgrade

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