
Indoco Remedies Ltd
NSE:INDOCO

Income Statement
Earnings Waterfall
Indoco Remedies Ltd
Revenue
|
17.2B
INR
|
Cost of Revenue
|
-5.3B
INR
|
Gross Profit
|
11.9B
INR
|
Operating Expenses
|
-11.5B
INR
|
Operating Income
|
376.4m
INR
|
Other Expenses
|
-482.9m
INR
|
Net Income
|
-106.5m
INR
|
Income Statement
Indoco Remedies Ltd
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-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 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
3 613
N/A
|
3 787
+5%
|
4 007
+6%
|
4 128
+3%
|
4 521
+10%
|
4 716
+4%
|
4 811
+2%
|
4 948
+3%
|
5 091
+3%
|
5 389
+6%
|
5 731
+6%
|
6 028
+5%
|
6 151
+2%
|
6 231
+1%
|
6 308
+1%
|
2 178
-65%
|
4 538
+108%
|
7 164
+58%
|
9 684
+35%
|
10 033
+4%
|
10 599
+6%
|
10 866
+3%
|
11 066
+2%
|
11 298
+2%
|
11 654
+3%
|
12 084
+4%
|
12 415
+3%
|
13 524
+9%
|
14 111
+4%
|
14 368
+2%
|
15 408
+7%
|
15 622
+1%
|
16 084
+3%
|
16 496
+3%
|
12 587
-24%
|
13 074
+4%
|
13 677
+5%
|
18 173
+33%
|
18 223
+0%
|
17 732
-3%
|
17 243
-3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 517)
|
(1 597)
|
(1 733)
|
(1 815)
|
(2 012)
|
(2 107)
|
(2 086)
|
(2 128)
|
(2 172)
|
(2 288)
|
(2 410)
|
(2 544)
|
(2 580)
|
(2 590)
|
(2 626)
|
(713)
|
(1 509)
|
(2 391)
|
(3 615)
|
(3 346)
|
(3 445)
|
(3 391)
|
(3 801)
|
(3 264)
|
(3 271)
|
(3 386)
|
(4 070)
|
(3 828)
|
(3 989)
|
(4 132)
|
(5 224)
|
(4 786)
|
(4 996)
|
(5 213)
|
(3 864)
|
(4 063)
|
(4 183)
|
(6 381)
|
(5 720)
|
(5 615)
|
(5 331)
|
|
Gross Profit |
2 096
N/A
|
2 190
+4%
|
2 274
+4%
|
2 313
+2%
|
2 509
+8%
|
2 609
+4%
|
2 725
+4%
|
2 820
+3%
|
2 919
+4%
|
3 101
+6%
|
3 321
+7%
|
3 484
+5%
|
3 570
+2%
|
3 641
+2%
|
3 682
+1%
|
1 465
-60%
|
3 029
+107%
|
4 773
+58%
|
6 069
+27%
|
6 688
+10%
|
7 154
+7%
|
7 475
+4%
|
7 265
-3%
|
8 033
+11%
|
8 384
+4%
|
8 698
+4%
|
8 345
-4%
|
9 696
+16%
|
10 121
+4%
|
10 235
+1%
|
10 184
-1%
|
10 837
+6%
|
11 088
+2%
|
11 283
+2%
|
8 723
-23%
|
9 011
+3%
|
9 493
+5%
|
11 792
+24%
|
12 503
+6%
|
12 117
-3%
|
11 913
-2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 729)
|
(1 771)
|
(1 856)
|
(1 908)
|
(2 024)
|
(2 092)
|
(2 183)
|
(2 293)
|
(2 382)
|
(2 510)
|
(2 591)
|
(2 699)
|
(2 802)
|
(2 903)
|
(2 993)
|
(1 518)
|
(3 137)
|
(4 811)
|
(6 014)
|
(6 529)
|
(6 795)
|
(7 013)
|
(6 709)
|
(7 268)
|
(7 343)
|
(7 397)
|
(6 831)
|
(7 833)
|
(8 010)
|
(8 015)
|
(7 677)
|
(8 486)
|
(8 685)
|
(8 974)
|
(7 140)
|
(7 650)
|
(8 195)
|
(10 258)
|
(11 189)
|
(11 188)
|
(11 536)
|
|
Selling, General & Administrative |
(520)
|
(543)
|
(565)
|
(583)
|
(624)
|
(644)
|
(673)
|
(707)
|
(745)
|
(788)
|
(824)
|
(875)
|
(917)
|
(967)
|
(1 079)
|
(563)
|
(1 147)
|
(1 738)
|
(4 545)
|
(2 362)
|
(2 421)
|
(2 512)
|
(5 303)
|
(2 614)
|
(2 724)
|
(2 771)
|
(5 147)
|
(2 832)
|
(2 822)
|
(2 806)
|
(5 824)
|
(3 014)
|
(3 076)
|
(3 185)
|
(2 541)
|
(2 658)
|
(2 736)
|
(7 882)
|
(3 677)
|
(3 684)
|
(3 760)
|
|
Research & Development |
(96)
|
(97)
|
(102)
|
(97)
|
(96)
|
(96)
|
(93)
|
(97)
|
(102)
|
(103)
|
(108)
|
(122)
|
(127)
|
(134)
|
(129)
|
(132)
|
(260)
|
(384)
|
(515)
|
(494)
|
(483)
|
(488)
|
(497)
|
(488)
|
(529)
|
(573)
|
(597)
|
(660)
|
(716)
|
(714)
|
(746)
|
(764)
|
(738)
|
(765)
|
(625)
|
(695)
|
(738)
|
(972)
|
(980)
|
(875)
|
(820)
|
|
Depreciation & Amortization |
(115)
|
(117)
|
(121)
|
(125)
|
(130)
|
(134)
|
(135)
|
(142)
|
(155)
|
(174)
|
(193)
|
(211)
|
(224)
|
(228)
|
(237)
|
(167)
|
(344)
|
(521)
|
(716)
|
(718)
|
(722)
|
(721)
|
(679)
|
(730)
|
(735)
|
(728)
|
(731)
|
(762)
|
(771)
|
(795)
|
(772)
|
(768)
|
(730)
|
(710)
|
(527)
|
(585)
|
(656)
|
(919)
|
(995)
|
(1 069)
|
(1 113)
|
|
Other Operating Expenses |
(999)
|
(1 014)
|
(1 068)
|
(1 104)
|
(1 175)
|
(1 218)
|
(1 282)
|
(1 348)
|
(1 381)
|
(1 446)
|
(1 467)
|
(1 491)
|
(1 534)
|
(1 574)
|
(1 548)
|
(656)
|
(1 387)
|
(2 169)
|
(237)
|
(2 954)
|
(3 168)
|
(3 292)
|
(230)
|
(3 436)
|
(3 356)
|
(3 326)
|
(356)
|
(3 580)
|
(3 701)
|
(3 700)
|
(335)
|
(3 940)
|
(4 140)
|
(4 314)
|
(3 447)
|
(3 712)
|
(4 065)
|
(486)
|
(5 537)
|
(5 560)
|
(5 844)
|
|
Operating Income |
367
N/A
|
419
+14%
|
418
0%
|
405
-3%
|
484
+20%
|
517
+7%
|
542
+5%
|
527
-3%
|
537
+2%
|
591
+10%
|
730
+23%
|
785
+7%
|
768
-2%
|
739
-4%
|
689
-7%
|
(53)
N/A
|
(108)
-104%
|
(38)
+65%
|
56
N/A
|
158
+183%
|
359
+127%
|
462
+29%
|
555
+20%
|
765
+38%
|
1 040
+36%
|
1 301
+25%
|
1 514
+16%
|
1 863
+23%
|
2 111
+13%
|
2 221
+5%
|
2 506
+13%
|
2 351
-6%
|
2 403
+2%
|
2 309
-4%
|
1 584
-31%
|
1 361
-14%
|
1 298
-5%
|
1 534
+18%
|
1 314
-14%
|
929
-29%
|
376
-59%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(46)
|
(35)
|
(7)
|
(14)
|
(19)
|
(25)
|
(5)
|
(12)
|
(52)
|
(123)
|
(258)
|
(327)
|
(317)
|
(290)
|
(219)
|
(72)
|
(122)
|
(159)
|
(179)
|
(195)
|
(199)
|
(231)
|
(237)
|
(259)
|
(264)
|
(255)
|
(204)
|
(208)
|
(179)
|
(157)
|
(127)
|
(140)
|
(162)
|
(194)
|
(201)
|
(229)
|
(260)
|
(319)
|
(445)
|
(543)
|
(603)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
0
|
0
|
(82)
|
115
|
115
|
115
|
207
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
|
Total Other Income |
2
|
2
|
20
|
19
|
19
|
19
|
29
|
37
|
43
|
47
|
40
|
34
|
29
|
29
|
15
|
3
|
6
|
12
|
35
|
65
|
67
|
69
|
(2)
|
21
|
20
|
16
|
12
|
37
|
42
|
40
|
9
|
26
|
19
|
21
|
11
|
52
|
72
|
32
|
105
|
76
|
61
|
|
Pre-Tax Income |
323
N/A
|
386
+20%
|
431
+12%
|
411
-5%
|
484
+18%
|
511
+6%
|
566
+11%
|
552
-2%
|
528
-4%
|
515
-3%
|
513
0%
|
492
-4%
|
480
-2%
|
478
0%
|
486
+2%
|
(122)
N/A
|
(224)
-84%
|
(185)
+17%
|
(93)
+50%
|
28
N/A
|
228
+706%
|
301
+32%
|
286
-5%
|
527
+84%
|
796
+51%
|
1 062
+33%
|
1 320
+24%
|
1 693
+28%
|
1 974
+17%
|
2 104
+7%
|
2 366
+12%
|
2 236
-5%
|
2 260
+1%
|
2 136
-5%
|
1 394
-35%
|
1 184
-15%
|
1 028
-13%
|
1 358
+32%
|
1 089
-20%
|
577
-47%
|
41
-93%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(7)
|
(10)
|
(10)
|
(24)
|
(40)
|
(55)
|
(71)
|
(62)
|
(55)
|
(49)
|
(42)
|
(48)
|
(55)
|
(58)
|
0
|
27
|
42
|
64
|
83
|
36
|
2
|
(45)
|
(133)
|
(225)
|
(328)
|
(390)
|
(536)
|
(657)
|
(710)
|
(818)
|
(699)
|
(642)
|
(567)
|
(374)
|
(308)
|
(278)
|
(388)
|
(342)
|
(283)
|
(187)
|
|
Income from Continuing Operations |
308
|
379
|
421
|
400
|
460
|
471
|
511
|
480
|
466
|
460
|
463
|
450
|
432
|
423
|
428
|
(122)
|
(196)
|
(144)
|
(29)
|
111
|
264
|
302
|
241
|
393
|
572
|
734
|
930
|
1 157
|
1 317
|
1 393
|
1 548
|
1 537
|
1 617
|
1 569
|
1 021
|
876
|
750
|
970
|
746
|
294
|
(146)
|
|
Income to Minority Interest |
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
|
2
|
1
|
8
|
15
|
21
|
27
|
39
|
|
Equity Earnings Affiliates |
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
|
|
Net Income (Common) |
308
N/A
|
379
+23%
|
421
+11%
|
400
-5%
|
460
+15%
|
471
+2%
|
511
+8%
|
480
-6%
|
466
-3%
|
460
-1%
|
463
+1%
|
450
-3%
|
432
-4%
|
423
-2%
|
427
+1%
|
(122)
N/A
|
(196)
-61%
|
(144)
+27%
|
(29)
+80%
|
112
N/A
|
264
+137%
|
302
+15%
|
241
-20%
|
393
+63%
|
572
+45%
|
734
+28%
|
930
+27%
|
1 157
+24%
|
1 317
+14%
|
1 393
+6%
|
1 548
+11%
|
1 537
-1%
|
1 617
+5%
|
1 569
-3%
|
1 023
-35%
|
876
-14%
|
758
-14%
|
985
+30%
|
767
-22%
|
320
-58%
|
(106)
N/A
|
|
EPS (Diluted) |
3.34
N/A
|
4.11
+23%
|
4.56
+11%
|
4.34
-5%
|
5
+15%
|
5.12
+2%
|
5.56
+9%
|
5.22
-6%
|
5.06
-3%
|
5
-1%
|
5.03
+1%
|
4.88
-3%
|
4.69
-4%
|
4.59
-2%
|
4.63
+1%
|
-1.32
N/A
|
-2.13
-61%
|
-1.56
+27%
|
-0.32
+79%
|
1.21
N/A
|
2.87
+137%
|
3.29
+15%
|
2.62
-20%
|
4.27
+63%
|
6.2
+45%
|
7.96
+28%
|
10.1
+27%
|
12.55
+24%
|
14.29
+14%
|
15.12
+6%
|
16.82
+11%
|
16.68
-1%
|
17.56
+5%
|
16.99
-3%
|
10.98
-35%
|
9.54
-13%
|
7.85
-18%
|
10.67
+36%
|
5.85
-45%
|
3.64
-38%
|
-1.24
N/A
|