Income Statement (TTM)
Happy Forgings Limited Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2021 03-31 |
2022 03-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,850 | 8,600 | 11,965 | 12,265 | 12,696 | 13,174 | 13,582 | 13,699 | 13,879 | 14,003 | 14,089 | 14,212 |
| Change (%) | 47.03 | 39.12 | 2.50 | 3.52 | 3.76 | 3.10 | 0.86 | 1.32 | 0.89 | 0.62 | 0.88 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 2,660 | 4,055 | 5,736 | 5,746 | 5,992 | 6,063 | 6,225 | 6,294 | 6,247 | 6,214 | 6,229 | 6,232 |
| Change (%) | 52.43 | 41.46 | 0.18 | 4.28 | 1.18 | 2.68 | 1.10 | -0.73 | -0.53 | 0.24 | 0.04 | |
| % of Revenue | 45.48 | 47.15 | 47.94 | 46.85 | 47.20 | 46.02 | 45.83 | 45.94 | 45.01 | 44.38 | 44.21 | 43.85 |
| Gross Operating Profit | 3,189 | 4,546 | 6,230 | 6,518 | 6,704 | 7,111 | 7,616 | 7,405 | 7,632 | 7,789 | 7,860 | 7,981 |
| Change (%) | 42.52 | 37.04 | 4.64 | 2.85 | 6.07 | 7.11 | -2.77 | 3.06 | 2.05 | 0.92 | 1.54 | |
| % of Revenue | 54.52 | 52.85 | 52.06 | 53.15 | 52.80 | 53.98 | 56.08 | 54.06 | 54.99 | 55.62 | 55.79 | 56.15 |
| SG&A | 497 | 692 | 887 | 934 | 1,027 | 1,104 | 1,156 | 1,197 | 1,211 | 1,232 | 1,264 | 1,295 |
| Change (%) | 39.12 | 28.20 | 5.24 | 10.06 | 7.48 | 4.65 | 3.55 | 1.18 | 1.75 | 2.57 | 2.44 | |
| % of Revenue | 8.50 | 8.05 | 7.41 | 7.61 | 8.09 | 8.38 | 8.51 | 8.74 | 8.72 | 8.80 | 8.97 | 9.11 |
| R&D | ||||||||||||
| Change (%) | ||||||||||||
| % of Revenue | ||||||||||||
| OpEx | 4,609 | 6,669 | 9,079 | 9,326 | 9,764 | 10,023 | 10,354 | 10,519 | 10,631 | 10,712 | 10,789 | 10,902 |
| Change (%) | 44.70 | 36.13 | 2.73 | 4.70 | 2.64 | 3.31 | 1.59 | 1.06 | 0.76 | 0.72 | 1.05 | |
| % of Revenue | 78.79 | 77.54 | 75.88 | 76.04 | 76.91 | 76.08 | 76.23 | 76.79 | 76.59 | 76.50 | 76.58 | 76.71 |
| Operating Income | 1,241 | 1,931 | 2,886 | 2,938 | 2,932 | 3,151 | 3,231 | 3,180 | 3,249 | 3,291 | 3,300 | 3,310 |
| Change (%) | 55.67 | 49.45 | 1.79 | -0.22 | 7.47 | 2.55 | -1.59 | 2.17 | 1.30 | 0.28 | 0.30 | |
| % of Revenue | 21.21 | 22.46 | 24.12 | 23.96 | 23.09 | 23.92 | 23.79 | 23.21 | 23.41 | 23.50 | 23.42 | 23.29 |
| Interest Expense | -112 | -63 | -123 | -129 | -157 | -161 | -110 | -97 | -68 | -52 | -70 | -79 |
| Change (%) | -43.38 | 94.64 | 4.53 | 21.62 | 2.73 | -31.69 | -11.95 | -29.69 | -23.95 | 34.95 | 13.31 | |
| % of Revenue | -1.91 | -0.74 | -1.03 | -1.05 | -1.24 | -1.22 | -0.81 | -0.71 | -0.49 | -0.37 | -0.50 | -0.56 |
| Net Income | 864 | 1,423 | 2,087 | 2,145 | 2,116 | 2,279 | 2,430 | 2,427 | 2,589 | 2,655 | 2,674 | 2,693 |
| Change (%) | 64.59 | 46.67 | 2.80 | -1.37 | 7.71 | 6.62 | -0.10 | 6.63 | 2.57 | 0.73 | 0.71 | |
| % of Revenue | 14.78 | 16.54 | 17.44 | 17.49 | 16.67 | 17.30 | 17.89 | 17.72 | 18.65 | 18.96 | 18.98 | 18.95 |
Source: Capital IQ
