VSSL Income Statement - TTM - Vardhman Special Steels Limited

Income Statement (TTM)

Vardhman Special Steels 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.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	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	7,086	8,083	9,371	11,994	12,879	13,596	13,685	15,075	16,150	16,563	17,350	16,752	16,472	16,440	16,614	16,668	17,464	17,758	17,644	17,833
Change (%)		14.07	15.94	27.99	7.38	5.56	0.65	10.16	7.13	2.56	4.75	-3.45	-1.67	-0.20	1.06	0.33	4.78	1.68	-0.64	1.07
% 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	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	4,380	4,886	5,393	8,044	7,428	8,119	8,180	10,726	10,572	10,855	11,283	12,353	10,503	10,467	10,392	11,684	10,877	11,048	11,136	12,900
Change (%)		11.54	10.37	49.17	-7.65	9.29	0.75	31.14	-1.44	2.68	3.94	9.49	-14.98	-0.34	-0.71	12.43	-6.90	1.57	0.79	15.84
% of Revenue	61.82	60.45	57.55	67.07	57.68	59.71	59.77	71.15	65.46	65.54	65.03	73.74	63.76	63.67	62.55	70.10	62.28	62.21	63.11	72.34

Gross Operating Profit	2,705	3,197	3,978	3,950	5,451	5,477	5,505	4,348	5,578	5,708	6,067	4,398	5,969	5,973	6,221	4,984	6,587	6,710	6,508	4,933
Change (%)		18.18	24.44	-0.72	38.01	0.49	0.51	-21.01	28.28	2.33	6.29	-27.50	35.71	0.06	4.16	-19.89	32.16	1.87	-3.00	-24.20
% of Revenue	38.18	39.55	42.45	32.93	42.32	40.29	40.23	28.85	34.54	34.46	34.97	26.26	36.24	36.33	37.45	29.90	37.72	37.79	36.89	27.66

SG&A	488	542	600	676	760	784	817	842	866	896	911	901	912	920	974	993	1,047	1,058	1,046	1,044
Change (%)		11.00	10.76	12.56	12.50	3.12	4.23	3.07	2.87	3.47	1.57	-1.02	1.16	0.95	5.79	2.00	5.42	1.05	-1.12	-0.23
% of Revenue	6.89	6.71	6.41	5.63	5.90	5.77	5.97	5.59	5.36	5.41	5.25	5.38	5.54	5.60	5.86	5.96	6.00	5.96	5.93	5.85

R&D
Change (%)
% of Revenue

OpEx	6,969	7,626	8,523	10,619	11,185	11,936	11,988	13,376	14,476	14,802	15,886	15,387	15,289	15,343	15,230	15,150	15,869	16,168	16,238	16,491
Change (%)		9.43	11.76	24.59	5.33	6.72	0.44	11.58	8.22	2.25	7.32	-3.14	-0.64	0.35	-0.73	-0.53	4.75	1.88	0.43	1.56
% of Revenue	98.36	94.35	90.96	88.54	86.84	87.79	87.61	88.73	89.63	89.37	91.56	91.85	92.82	93.33	91.67	90.89	90.87	91.05	92.03	92.47

Operating Income	116	456	848	1,374	1,694	1,660	1,696	1,699	1,674	1,761	1,464	1,365	1,183	1,097	1,383	1,518	1,595	1,590	1,406	1,343
Change (%)		292.35	85.71	62.17	23.29	-2.06	2.21	0.15	-1.45	5.20	-16.88	-6.77	-13.31	-7.26	26.08	9.74	5.06	-0.32	-11.54	-4.52
% of Revenue	1.64	5.65	9.04	11.46	13.16	12.21	12.39	11.27	10.37	10.63	8.44	8.15	7.18	6.67	8.33	9.11	9.13	8.95	7.97	7.53

Interest Expense	-198	-187	-186	-190	-176	-172	-165	-169	-161	-161	-165	-178	-168	-172	-175	-189	-188	-189	-178	-175
Change (%)		-5.26	-0.73	1.92	-7.08	-2.46	-4.04	2.72	-5.26	0.37	2.57	7.66	-5.31	1.99	2.08	7.79	-0.80	0.97	-6.00	-1.73
% of Revenue	-2.79	-2.32	-1.99	-1.58	-1.37	-1.26	-1.21	-1.12	-0.99	-0.97	-0.95	-1.06	-1.02	-1.05	-1.06	-1.13	-1.07	-1.07	-1.01	-0.98

Net Income	15	214	442	848	1,001	979	1,008	1,032	1,070	1,160	1,004	887	792	725	916	991	1,065	1,061	931	869
Change (%)		1,298.03	106.60	91.81	18.11	-2.20	2.89	2.48	3.60	8.41	-13.38	-11.67	-10.77	-8.41	26.36	8.19	7.43	-0.33	-12.30	-6.64
% of Revenue	0.22	2.65	4.72	7.07	7.77	7.20	7.36	6.85	6.62	7.00	5.79	5.30	4.81	4.41	5.52	5.95	6.10	5.98	5.28	4.87

Source: Capital IQ

Vardhman Special Steels Limited - Income Statement (TTM)

Income Statement (TTM)

Other Listings