Bharat Rasayan Ltd
NSE:BHARATRAS
Income Statement
Earnings Waterfall
Bharat Rasayan Ltd
Income Statement
Bharat Rasayan Ltd
| Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
6
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
23
|
0
|
0
|
0
|
24
|
0
|
0
|
0
|
42
|
0
|
0
|
0
|
37
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
42
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
72
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
50
|
0
|
0
|
0
|
47
|
0
|
0
|
0
|
21
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
1 061
N/A
|
1 080
+2%
|
1 021
-5%
|
1 067
+5%
|
1 015
-5%
|
973
-4%
|
867
-11%
|
787
-9%
|
938
+19%
|
1 057
+13%
|
1 263
+19%
|
1 475
+17%
|
1 419
-4%
|
1 460
+3%
|
1 544
+6%
|
1 723
+12%
|
1 876
+9%
|
2 239
+19%
|
2 891
+29%
|
3 216
+11%
|
3 614
+12%
|
4 045
+12%
|
4 284
+6%
|
4 319
+1%
|
4 388
+2%
|
4 359
-1%
|
4 479
+3%
|
4 517
+1%
|
4 555
+1%
|
5 226
+15%
|
5 920
+13%
|
6 359
+7%
|
6 760
+6%
|
7 222
+7%
|
7 531
+4%
|
8 003
+6%
|
8 104
+1%
|
8 713
+8%
|
9 125
+5%
|
9 134
+0%
|
9 922
+9%
|
11 015
+11%
|
11 819
+7%
|
12 163
+3%
|
12 151
0%
|
11 423
-6%
|
10 951
-4%
|
10 932
0%
|
10 920
0%
|
10 621
-3%
|
10 128
-5%
|
11 262
+11%
|
13 012
+16%
|
13 768
+6%
|
13 994
+2%
|
13 733
-2%
|
12 343
-10%
|
11 461
-7%
|
11 172
-3%
|
10 409
-7%
|
10 446
+0%
|
10 876
+4%
|
11 526
+6%
|
11 761
+2%
|
11 730
0%
|
12 682
+8%
|
12 263
-3%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(866)
|
(756)
|
(716)
|
(748)
|
(804)
|
(660)
|
(587)
|
(528)
|
(726)
|
(746)
|
(871)
|
(1 011)
|
(1 082)
|
(947)
|
(1 019)
|
(1 145)
|
(1 254)
|
(1 476)
|
(1 887)
|
(2 088)
|
(2 351)
|
(2 646)
|
(2 805)
|
(2 831)
|
(2 872)
|
(2 846)
|
(2 914)
|
(2 893)
|
(2 922)
|
(3 464)
|
(4 107)
|
(4 476)
|
(4 650)
|
(5 086)
|
(5 204)
|
(5 392)
|
(5 374)
|
(5 835)
|
(6 078)
|
(6 195)
|
(6 836)
|
(7 592)
|
(8 269)
|
(8 444)
|
(8 943)
|
(7 713)
|
(7 287)
|
(7 138)
|
(7 504)
|
(6 528)
|
(6 109)
|
(6 980)
|
(9 267)
|
(9 151)
|
(9 473)
|
(9 377)
|
(9 176)
|
(8 060)
|
(7 967)
|
(7 446)
|
(7 969)
|
(7 213)
|
(7 448)
|
(7 481)
|
(8 700)
|
(8 343)
|
(8 066)
|
|
| Gross Profit |
196
N/A
|
324
+65%
|
305
-6%
|
320
+5%
|
210
-34%
|
313
+49%
|
280
-11%
|
259
-7%
|
213
-18%
|
311
+46%
|
392
+26%
|
464
+18%
|
337
-27%
|
513
+52%
|
526
+2%
|
579
+10%
|
621
+7%
|
763
+23%
|
1 005
+32%
|
1 128
+12%
|
1 263
+12%
|
1 400
+11%
|
1 479
+6%
|
1 489
+1%
|
1 515
+2%
|
1 513
0%
|
1 564
+3%
|
1 624
+4%
|
1 633
+1%
|
1 763
+8%
|
1 813
+3%
|
1 883
+4%
|
2 110
+12%
|
2 136
+1%
|
2 327
+9%
|
2 610
+12%
|
2 730
+5%
|
2 878
+5%
|
3 047
+6%
|
2 939
-4%
|
3 085
+5%
|
3 423
+11%
|
3 550
+4%
|
3 719
+5%
|
3 207
-14%
|
3 711
+16%
|
3 664
-1%
|
3 794
+4%
|
3 416
-10%
|
4 094
+20%
|
4 019
-2%
|
4 282
+7%
|
3 745
-13%
|
4 617
+23%
|
4 521
-2%
|
4 356
-4%
|
3 167
-27%
|
3 401
+7%
|
3 206
-6%
|
2 963
-8%
|
2 477
-16%
|
3 663
+48%
|
4 078
+11%
|
4 279
+5%
|
3 030
-29%
|
4 339
+43%
|
4 197
-3%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(111)
|
(200)
|
(190)
|
(226)
|
(136)
|
(240)
|
(224)
|
(213)
|
(167)
|
(261)
|
(312)
|
(357)
|
(190)
|
(342)
|
(347)
|
(358)
|
(438)
|
(551)
|
(667)
|
(745)
|
(813)
|
(841)
|
(854)
|
(869)
|
(879)
|
(887)
|
(918)
|
(973)
|
(999)
|
(1 041)
|
(1 074)
|
(1 084)
|
(1 170)
|
(1 196)
|
(1 242)
|
(1 304)
|
(1 313)
|
(1 349)
|
(1 356)
|
(1 275)
|
(1 383)
|
(1 423)
|
(1 473)
|
(1 627)
|
(1 136)
|
(1 712)
|
(1 776)
|
(1 831)
|
(1 278)
|
(2 028)
|
(2 123)
|
(2 193)
|
(1 446)
|
(2 373)
|
(2 328)
|
(2 335)
|
(1 454)
|
(2 163)
|
(2 179)
|
(2 184)
|
(1 562)
|
(2 422)
|
(2 435)
|
(2 501)
|
(1 551)
|
(2 510)
|
(2 734)
|
|
| Selling, General & Administrative |
(102)
|
(44)
|
(46)
|
(48)
|
(123)
|
(52)
|
(51)
|
(50)
|
(145)
|
(72)
|
(78)
|
(85)
|
(168)
|
(100)
|
(108)
|
(125)
|
(127)
|
(146)
|
(188)
|
(212)
|
(238)
|
(264)
|
(273)
|
(279)
|
(286)
|
(290)
|
(303)
|
(318)
|
(329)
|
(352)
|
(365)
|
(384)
|
(408)
|
(418)
|
(445)
|
(472)
|
(495)
|
(520)
|
(546)
|
(546)
|
(574)
|
(615)
|
(644)
|
(676)
|
(902)
|
(702)
|
(710)
|
(742)
|
(1 005)
|
(823)
|
(830)
|
(873)
|
(1 179)
|
(974)
|
(971)
|
(965)
|
(1 178)
|
(782)
|
(765)
|
(750)
|
(1 291)
|
(892)
|
(895)
|
(898)
|
(1 260)
|
(845)
|
(889)
|
|
| Research & Development |
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(15)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
|
| Depreciation & Amortization |
(9)
|
(9)
|
(9)
|
(8)
|
(9)
|
(9)
|
(9)
|
(10)
|
(18)
|
(20)
|
(22)
|
(22)
|
(16)
|
(15)
|
(29)
|
(45)
|
(69)
|
(107)
|
(132)
|
(159)
|
(178)
|
(182)
|
(183)
|
(185)
|
(177)
|
(173)
|
(170)
|
(166)
|
(170)
|
(170)
|
(169)
|
(166)
|
(164)
|
(163)
|
(163)
|
(164)
|
(164)
|
(166)
|
(168)
|
(170)
|
(169)
|
(170)
|
(172)
|
(195)
|
(219)
|
(238)
|
(259)
|
(260)
|
(258)
|
(256)
|
(251)
|
(249)
|
(249)
|
(255)
|
(261)
|
(261)
|
(260)
|
(259)
|
(258)
|
(259)
|
(258)
|
(258)
|
(258)
|
(262)
|
(270)
|
(270)
|
(271)
|
|
| Other Operating Expenses |
0
|
(147)
|
(136)
|
(170)
|
0
|
(179)
|
(164)
|
(154)
|
0
|
(170)
|
(211)
|
(250)
|
0
|
(227)
|
(210)
|
(188)
|
(242)
|
(299)
|
(346)
|
(374)
|
(397)
|
(395)
|
(398)
|
(405)
|
(416)
|
(424)
|
(446)
|
(489)
|
(499)
|
(519)
|
(540)
|
(535)
|
(598)
|
(616)
|
(634)
|
(668)
|
(653)
|
(664)
|
(643)
|
(560)
|
(641)
|
(638)
|
(658)
|
(756)
|
0
|
(772)
|
(806)
|
(829)
|
0
|
(950)
|
(1 042)
|
(1 070)
|
0
|
(1 144)
|
(1 096)
|
(1 110)
|
0
|
(1 122)
|
(1 155)
|
(1 176)
|
0
|
(1 272)
|
(1 283)
|
(1 342)
|
0
|
(1 394)
|
(1 574)
|
|
| Operating Income |
84
N/A
|
125
+48%
|
115
-8%
|
94
-18%
|
75
-20%
|
73
-3%
|
56
-23%
|
46
-17%
|
45
-3%
|
50
+11%
|
81
+62%
|
107
+32%
|
148
+39%
|
171
+15%
|
179
+5%
|
221
+23%
|
183
-17%
|
211
+16%
|
338
+60%
|
383
+13%
|
450
+18%
|
559
+24%
|
625
+12%
|
620
-1%
|
636
+3%
|
626
-2%
|
646
+3%
|
652
+1%
|
634
-3%
|
721
+14%
|
739
+2%
|
799
+8%
|
940
+18%
|
940
0%
|
1 084
+15%
|
1 307
+20%
|
1 417
+8%
|
1 529
+8%
|
1 690
+11%
|
1 664
-2%
|
1 702
+2%
|
1 999
+17%
|
2 077
+4%
|
2 092
+1%
|
2 072
-1%
|
1 999
-4%
|
1 888
-6%
|
1 964
+4%
|
2 138
+9%
|
2 065
-3%
|
1 896
-8%
|
2 089
+10%
|
2 299
+10%
|
2 244
-2%
|
2 194
-2%
|
2 021
-8%
|
1 714
-15%
|
1 238
-28%
|
1 027
-17%
|
778
-24%
|
915
+18%
|
1 241
+36%
|
1 643
+32%
|
1 778
+8%
|
1 479
-17%
|
1 829
+24%
|
1 463
-20%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
2
|
(5)
|
(3)
|
(3)
|
11
|
(1)
|
(1)
|
(2)
|
2
|
(2)
|
(3)
|
(4)
|
(7)
|
(8)
|
(25)
|
(36)
|
(44)
|
(78)
|
(104)
|
(135)
|
(156)
|
(162)
|
(161)
|
(160)
|
(164)
|
(157)
|
(149)
|
(135)
|
(125)
|
(120)
|
(112)
|
(123)
|
(120)
|
(119)
|
(122)
|
(109)
|
(106)
|
(114)
|
(125)
|
(139)
|
(154)
|
(178)
|
(177)
|
(174)
|
7
|
(124)
|
(96)
|
(50)
|
(2)
|
(42)
|
(46)
|
(73)
|
60
|
(89)
|
(89)
|
(113)
|
78
|
(31)
|
(39)
|
(27)
|
314
|
201
|
130
|
258
|
330
|
(94)
|
6
|
|
| Non-Reccuring Items |
0
|
(33)
|
(33)
|
0
|
0
|
0
|
0
|
0
|
32
|
26
|
26
|
26
|
(4)
|
(31)
|
(33)
|
(33)
|
(4)
|
(4)
|
(4)
|
(5)
|
(3)
|
(3)
|
(16)
|
(15)
|
0
|
(15)
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(3)
|
(3)
|
(13)
|
(44)
|
19
|
19
|
0
|
0
|
(18)
|
(25)
|
(35)
|
(43)
|
(32)
|
2
|
(27)
|
(20)
|
(13)
|
(41)
|
(1)
|
(29)
|
(39)
|
(49)
|
(60)
|
(45)
|
(46)
|
(35)
|
(24)
|
(11)
|
0
|
0
|
0
|
0
|
0
|
(148)
|
0
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
1
|
7
|
10
|
10
|
1
|
9
|
8
|
5
|
0
|
31
|
30
|
30
|
0
|
1
|
1
|
0
|
6
|
6
|
7
|
14
|
10
|
15
|
12
|
5
|
9
|
5
|
9
|
10
|
6
|
12
|
20
|
44
|
22
|
39
|
37
|
17
|
22
|
37
|
35
|
29
|
21
|
27
|
60
|
88
|
5
|
160
|
143
|
120
|
31
|
90
|
97
|
120
|
17
|
206
|
222
|
255
|
(6)
|
137
|
133
|
109
|
3
|
244
|
273
|
309
|
40
|
272
|
294
|
|
| Pre-Tax Income |
88
N/A
|
94
+7%
|
89
-6%
|
101
+14%
|
87
-14%
|
81
-7%
|
63
-23%
|
50
-21%
|
80
+61%
|
105
+31%
|
134
+27%
|
159
+19%
|
137
-14%
|
133
-3%
|
122
-9%
|
152
+25%
|
141
-7%
|
135
-4%
|
236
+75%
|
256
+9%
|
301
+17%
|
408
+36%
|
460
+13%
|
449
-2%
|
481
+7%
|
459
-5%
|
506
+10%
|
527
+4%
|
516
-2%
|
613
+19%
|
647
+6%
|
719
+11%
|
839
+17%
|
857
+2%
|
987
+15%
|
1 170
+19%
|
1 352
+16%
|
1 471
+9%
|
1 600
+9%
|
1 555
-3%
|
1 551
0%
|
1 824
+18%
|
1 924
+5%
|
1 963
+2%
|
2 052
+5%
|
2 037
-1%
|
1 908
-6%
|
2 014
+6%
|
2 154
+7%
|
2 073
-4%
|
1 946
-6%
|
2 107
+8%
|
2 337
+11%
|
2 312
-1%
|
2 267
-2%
|
2 118
-7%
|
1 740
-18%
|
1 309
-25%
|
1 097
-16%
|
849
-23%
|
1 233
+45%
|
1 686
+37%
|
2 046
+21%
|
2 345
+15%
|
1 850
-21%
|
1 859
+0%
|
1 764
-5%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(36)
|
(39)
|
(30)
|
(36)
|
(29)
|
(26)
|
(21)
|
(16)
|
(21)
|
(24)
|
(29)
|
(40)
|
(39)
|
(43)
|
(60)
|
(63)
|
(45)
|
(47)
|
(52)
|
(63)
|
(99)
|
(131)
|
(159)
|
(158)
|
(163)
|
(158)
|
(177)
|
(182)
|
(177)
|
(211)
|
(221)
|
(246)
|
(293)
|
(298)
|
(353)
|
(419)
|
(369)
|
(395)
|
(406)
|
(378)
|
(436)
|
(541)
|
(453)
|
(455)
|
(476)
|
(411)
|
(475)
|
(481)
|
(515)
|
(506)
|
(471)
|
(524)
|
(577)
|
(570)
|
(557)
|
(529)
|
(494)
|
(368)
|
(326)
|
(262)
|
(278)
|
(371)
|
(469)
|
(516)
|
(441)
|
(484)
|
(432)
|
|
| Income from Continuing Operations |
52
|
56
|
58
|
65
|
58
|
55
|
42
|
33
|
59
|
82
|
104
|
119
|
98
|
91
|
62
|
89
|
96
|
88
|
184
|
194
|
201
|
277
|
302
|
291
|
317
|
302
|
329
|
345
|
339
|
402
|
425
|
474
|
547
|
559
|
633
|
752
|
983
|
1 077
|
1 194
|
1 176
|
1 115
|
1 283
|
1 471
|
1 508
|
1 576
|
1 626
|
1 433
|
1 533
|
1 639
|
1 567
|
1 475
|
1 582
|
1 760
|
1 742
|
1 710
|
1 589
|
1 246
|
940
|
771
|
586
|
955
|
1 315
|
1 577
|
1 829
|
1 409
|
1 375
|
1 332
|
|
| Net Income (Common) |
52
N/A
|
56
+7%
|
58
+5%
|
65
+12%
|
58
-11%
|
55
-6%
|
42
-24%
|
33
-20%
|
59
+77%
|
82
+38%
|
104
+28%
|
119
+14%
|
98
-18%
|
91
-8%
|
62
-31%
|
89
+44%
|
96
+7%
|
88
-8%
|
184
+108%
|
194
+5%
|
201
+4%
|
277
+38%
|
302
+9%
|
291
-4%
|
317
+9%
|
302
-5%
|
329
+9%
|
345
+5%
|
339
-2%
|
402
+19%
|
425
+6%
|
474
+11%
|
547
+15%
|
559
+2%
|
633
+13%
|
752
+19%
|
983
+31%
|
1 077
+10%
|
1 194
+11%
|
1 176
-1%
|
1 115
-5%
|
1 283
+15%
|
1 471
+15%
|
1 508
+3%
|
1 576
+4%
|
1 626
+3%
|
1 433
-12%
|
1 533
+7%
|
1 639
+7%
|
1 567
-4%
|
1 475
-6%
|
1 582
+7%
|
1 760
+11%
|
1 742
-1%
|
1 710
-2%
|
1 589
-7%
|
1 246
-22%
|
940
-25%
|
771
-18%
|
586
-24%
|
955
+63%
|
1 315
+38%
|
1 577
+20%
|
1 829
+16%
|
1 409
-23%
|
1 375
-2%
|
1 332
-3%
|
|
| EPS (Diluted) |
13
N/A
|
12.93
-1%
|
13.88
+7%
|
15.57
+12%
|
14.5
-7%
|
12.99
-10%
|
9.9
-24%
|
7.95
-20%
|
14.75
+86%
|
19.4
+32%
|
24.85
+28%
|
28.28
+14%
|
24.5
-13%
|
21.54
-12%
|
14.78
-31%
|
21.28
+44%
|
24
+13%
|
21.04
-12%
|
43.88
+109%
|
46.11
+5%
|
50.25
+9%
|
65.88
+31%
|
71.85
+9%
|
69.26
-4%
|
79.25
+14%
|
71.78
-9%
|
78.28
+9%
|
82.11
+5%
|
84.75
+3%
|
95.78
+13%
|
101.26
+6%
|
112.76
+11%
|
136.75
+21%
|
132.97
-3%
|
150.78
+13%
|
179
+19%
|
245.75
+37%
|
256.33
+4%
|
284.21
+11%
|
280.07
-1%
|
278.75
0%
|
305.4
+10%
|
350.23
+15%
|
359.09
+3%
|
394
+10%
|
387.16
-2%
|
341.09
-12%
|
365.02
+7%
|
409.75
+12%
|
372.97
-9%
|
351.07
-6%
|
376.69
+7%
|
440
+17%
|
414.66
-6%
|
407.19
-2%
|
378.35
-7%
|
74.98
-80%
|
226.27
+202%
|
185.58
-18%
|
141.16
-24%
|
57.47
-59%
|
316.56
+451%
|
379.5
+20%
|
440.19
+16%
|
84.79
-81%
|
82.7
-2%
|
80.14
-3%
|
|