MADHUSUDAN — Madhusudan Masala Income Statement

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Annual income statement for Madhusudan Masala, fiscal year end - March 31st, INR millions except per share, conversion factor applied.

	2021 March 31st	2022 March 31st	2023 March 31st	2024 March 31st	2025 March 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	PROSPECTUS	PROSPECTUS	PROSPECTUS	ARS	PRESS
Standards:	IAS	IAS	IAS	IAS	—
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	687	654	1,272	1,622	2,309
Cost of Revenue
Gross Profit	67.9	57.8	160	233	383
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	663	639	1,165	1,456	2,060
Operating Profit	23.7	15.3	107	166	250
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	6.17	9.7	77.3	124	201
Provision for Income Taxes
Net Income After Taxes	4.5	8.13	57.6	92	150
Net Income Before Extraordinary Items
Net Income	4.5	8.13	57.6	92	150
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Dilution Adjustment
Diluted Net Income	4.5	8.13	57.6	92	150
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.345	0.618	4.46	8.27	9.26