
Usha Martin Ltd
NSE:USHAMART

Income Statement
Earnings Waterfall
Usha Martin Ltd
Revenue
|
34.1B
INR
|
Cost of Revenue
|
-16.8B
INR
|
Gross Profit
|
17.2B
INR
|
Operating Expenses
|
-12B
INR
|
Operating Income
|
5.3B
INR
|
Other Expenses
|
-1.1B
INR
|
Net Income
|
4.1B
INR
|
Income Statement
Usha Martin Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
46 427
N/A
|
45 611
-2%
|
45 657
+0%
|
45 118
-1%
|
44 594
-1%
|
45 052
+1%
|
43 619
-3%
|
42 773
-2%
|
42 908
+0%
|
42 551
-1%
|
36 595
-14%
|
31 600
-14%
|
26 187
-17%
|
20 997
-20%
|
21 935
+4%
|
23 042
+5%
|
24 230
+5%
|
24 695
+2%
|
24 325
-1%
|
23 400
-4%
|
22 615
-3%
|
21 538
-5%
|
19 660
-9%
|
19 462
-1%
|
19 591
+1%
|
20 973
+7%
|
23 364
+11%
|
24 121
+3%
|
25 745
+7%
|
26 881
+4%
|
28 316
+5%
|
30 577
+8%
|
31 791
+4%
|
32 678
+3%
|
33 234
+2%
|
32 879
-1%
|
32 514
-1%
|
32 252
-1%
|
32 372
+0%
|
33 437
+3%
|
34 071
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(24 619)
|
(24 199)
|
(24 661)
|
(25 904)
|
(26 810)
|
(29 940)
|
(26 752)
|
(24 315)
|
(25 255)
|
(27 878)
|
(22 160)
|
(20 354)
|
(16 445)
|
(14 498)
|
(13 462)
|
(14 337)
|
(15 126)
|
(16 730)
|
(14 824)
|
(13 867)
|
(13 112)
|
(13 792)
|
(10 965)
|
(10 854)
|
(11 019)
|
(13 061)
|
(13 059)
|
(13 267)
|
(14 064)
|
(16 538)
|
(15 642)
|
(17 243)
|
(17 960)
|
(20 182)
|
(18 229)
|
(17 440)
|
(16 675)
|
(18 408)
|
(15 967)
|
(16 431)
|
(16 842)
|
|
Gross Profit |
21 807
N/A
|
21 412
-2%
|
20 996
-2%
|
19 214
-8%
|
17 785
-7%
|
15 112
-15%
|
16 868
+12%
|
18 460
+9%
|
17 654
-4%
|
14 673
-17%
|
14 436
-2%
|
11 246
-22%
|
9 742
-13%
|
6 499
-33%
|
8 473
+30%
|
8 705
+3%
|
9 104
+5%
|
7 966
-13%
|
9 502
+19%
|
9 534
+0%
|
9 503
0%
|
7 746
-18%
|
8 694
+12%
|
8 607
-1%
|
8 572
0%
|
7 912
-8%
|
10 305
+30%
|
10 854
+5%
|
11 681
+8%
|
10 343
-11%
|
12 673
+23%
|
13 333
+5%
|
13 831
+4%
|
12 496
-10%
|
15 006
+20%
|
15 440
+3%
|
15 839
+3%
|
13 844
-13%
|
16 405
+18%
|
17 006
+4%
|
17 229
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(18 253)
|
(18 116)
|
(18 710)
|
(18 042)
|
(16 952)
|
(14 245)
|
(16 323)
|
(17 300)
|
(16 625)
|
(13 356)
|
(13 442)
|
(10 339)
|
(8 769)
|
(4 884)
|
(6 517)
|
(6 823)
|
(7 111)
|
(5 530)
|
(7 538)
|
(7 532)
|
(7 522)
|
(6 004)
|
(7 234)
|
(7 041)
|
(6 973)
|
(5 739)
|
(7 658)
|
(8 071)
|
(8 573)
|
(7 090)
|
(8 953)
|
(9 308)
|
(9 535)
|
(7 906)
|
(10 275)
|
(10 427)
|
(10 545)
|
(8 514)
|
(11 051)
|
(11 535)
|
(11 969)
|
|
Selling, General & Administrative |
(3 897)
|
(12 875)
|
(3 918)
|
(3 890)
|
(3 823)
|
(10 628)
|
(3 708)
|
(3 683)
|
(3 664)
|
(9 661)
|
(3 426)
|
(3 155)
|
(2 905)
|
(4 007)
|
(2 576)
|
(2 643)
|
(2 723)
|
(4 551)
|
(2 872)
|
(2 921)
|
(2 927)
|
(4 991)
|
(2 951)
|
(2 912)
|
(2 916)
|
(4 698)
|
(3 108)
|
(3 199)
|
(3 264)
|
(5 906)
|
(3 385)
|
(3 449)
|
(3 551)
|
(6 506)
|
(3 910)
|
(4 067)
|
(4 211)
|
(6 975)
|
(4 400)
|
(4 567)
|
(4 613)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
(33)
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
(32)
|
0
|
0
|
0
|
(40)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(37)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(58)
|
0
|
0
|
0
|
(130)
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(3 972)
|
(4 184)
|
(4 038)
|
(3 796)
|
(3 501)
|
(3 091)
|
(2 804)
|
(2 918)
|
(2 945)
|
(3 011)
|
(2 404)
|
(1 802)
|
(1 203)
|
(599)
|
(609)
|
(616)
|
(613)
|
(605)
|
(610)
|
(612)
|
(623)
|
(632)
|
(653)
|
(668)
|
(676)
|
(675)
|
(686)
|
(690)
|
(692)
|
(694)
|
(687)
|
(680)
|
(676)
|
(672)
|
(686)
|
(698)
|
(716)
|
(767)
|
(811)
|
(859)
|
(926)
|
|
Other Operating Expenses |
(10 385)
|
(1 056)
|
(10 754)
|
(10 355)
|
(9 628)
|
(493)
|
(9 811)
|
(10 701)
|
(10 018)
|
(650)
|
(7 612)
|
(5 384)
|
(4 662)
|
(247)
|
(3 333)
|
(3 566)
|
(3 775)
|
(334)
|
(4 058)
|
(4 000)
|
(3 971)
|
(347)
|
(3 628)
|
(3 459)
|
(3 380)
|
(329)
|
(3 865)
|
(4 183)
|
(4 618)
|
(457)
|
(4 881)
|
(5 179)
|
(5 308)
|
(670)
|
(5 678)
|
(5 662)
|
(5 618)
|
(642)
|
(5 840)
|
(6 109)
|
(6 429)
|
|
Operating Income |
3 555
N/A
|
3 297
-7%
|
2 286
-31%
|
1 172
-49%
|
833
-29%
|
867
+4%
|
546
-37%
|
1 160
+112%
|
1 030
-11%
|
1 317
+28%
|
995
-24%
|
909
-9%
|
974
+7%
|
1 615
+66%
|
1 956
+21%
|
1 881
-4%
|
1 992
+6%
|
2 436
+22%
|
1 963
-19%
|
2 002
+2%
|
1 982
-1%
|
1 743
-12%
|
1 462
-16%
|
1 567
+7%
|
1 599
+2%
|
2 173
+36%
|
2 646
+22%
|
2 783
+5%
|
3 108
+12%
|
3 253
+5%
|
3 721
+14%
|
4 027
+8%
|
4 297
+7%
|
4 590
+7%
|
4 732
+3%
|
5 012
+6%
|
5 294
+6%
|
5 330
+1%
|
5 354
+0%
|
5 471
+2%
|
5 260
-4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(5 159)
|
(5 130)
|
(5 280)
|
(5 353)
|
(5 432)
|
(5 585)
|
(5 441)
|
(5 475)
|
(5 494)
|
(5 482)
|
(4 605)
|
(3 370)
|
(2 158)
|
(773)
|
(914)
|
(988)
|
(1 054)
|
(988)
|
(1 114)
|
(1 026)
|
(900)
|
(532)
|
(657)
|
(638)
|
(601)
|
(477)
|
(530)
|
(505)
|
(488)
|
(339)
|
(379)
|
(332)
|
(295)
|
(264)
|
(286)
|
(275)
|
(261)
|
(173)
|
(259)
|
(272)
|
(297)
|
|
Non-Reccuring Items |
(784)
|
(1 132)
|
(1 002)
|
(295)
|
(218)
|
(2)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(36)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
312
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
319
|
0
|
0
|
0
|
342
|
0
|
87
|
87
|
0
|
131
|
0
|
0
|
161
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
9
|
0
|
0
|
0
|
12
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
|
Total Other Income |
358
|
95
|
377
|
389
|
416
|
(86)
|
819
|
930
|
915
|
300
|
650
|
536
|
615
|
239
|
672
|
655
|
677
|
206
|
465
|
553
|
466
|
100
|
422
|
392
|
425
|
175
|
318
|
379
|
367
|
144
|
356
|
274
|
229
|
99
|
249
|
406
|
421
|
210
|
320
|
176
|
156
|
|
Pre-Tax Income |
(2 030)
N/A
|
(2 870)
-41%
|
(3 621)
-26%
|
(4 088)
-13%
|
(4 402)
-8%
|
(4 811)
-9%
|
(4 078)
+15%
|
(3 387)
+17%
|
(3 550)
-5%
|
(3 549)
+0%
|
(2 960)
+17%
|
(1 925)
+35%
|
(569)
+70%
|
1 422
N/A
|
1 714
+21%
|
1 636
-5%
|
1 703
+4%
|
1 617
-5%
|
1 445
-11%
|
1 529
+6%
|
1 548
+1%
|
1 472
-5%
|
1 225
-17%
|
1 320
+8%
|
1 422
+8%
|
1 878
+32%
|
2 434
+30%
|
2 656
+9%
|
2 985
+12%
|
3 379
+13%
|
3 698
+9%
|
3 969
+7%
|
4 232
+7%
|
4 436
+5%
|
4 695
+6%
|
5 144
+10%
|
5 454
+6%
|
5 371
-2%
|
5 415
+1%
|
5 375
-1%
|
5 119
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
718
|
356
|
548
|
646
|
420
|
547
|
250
|
(89)
|
(122)
|
(46)
|
(69)
|
(102)
|
(91)
|
(51)
|
(27)
|
(1)
|
(20)
|
2 275
|
670
|
570
|
351
|
(2 097)
|
(537)
|
(513)
|
(363)
|
(364)
|
(443)
|
(483)
|
(543)
|
(549)
|
(636)
|
(722)
|
(817)
|
(1 048)
|
(1 121)
|
(1 258)
|
(1 323)
|
(1 254)
|
(1 279)
|
(1 251)
|
(1 183)
|
|
Income from Continuing Operations |
(1 310)
|
(2 514)
|
(3 072)
|
(3 441)
|
(3 982)
|
(4 264)
|
(3 828)
|
(3 476)
|
(3 672)
|
(3 595)
|
(3 028)
|
(2 025)
|
(658)
|
1 371
|
1 688
|
1 635
|
1 683
|
3 892
|
2 115
|
2 099
|
1 899
|
(626)
|
688
|
807
|
1 059
|
1 514
|
1 991
|
2 173
|
2 442
|
2 830
|
3 062
|
3 246
|
3 414
|
3 389
|
3 574
|
3 885
|
4 131
|
4 117
|
4 136
|
4 124
|
3 936
|
|
Income to Minority Interest |
(14)
|
(17)
|
(17)
|
(16)
|
(13)
|
(14)
|
(12)
|
(12)
|
(15)
|
(14)
|
(20)
|
(26)
|
(26)
|
(33)
|
(20)
|
(8)
|
(23)
|
(13)
|
(18)
|
(29)
|
(19)
|
(22)
|
(26)
|
(34)
|
(24)
|
(19)
|
(15)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(4)
|
(5)
|
(3)
|
(3)
|
(2)
|
(2)
|
1
|
6
|
9
|
|
Equity Earnings Affiliates |
0
|
0
|
16
|
12
|
0
|
(19)
|
0
|
(39)
|
(41)
|
20
|
(10)
|
17
|
23
|
8
|
17
|
15
|
19
|
28
|
48
|
28
|
21
|
4
|
(9)
|
(5)
|
15
|
46
|
65
|
77
|
83
|
84
|
96
|
125
|
127
|
117
|
117
|
112
|
100
|
125
|
136
|
146
|
182
|
|
Net Income (Common) |
(1 324)
N/A
|
(2 531)
-91%
|
(3 073)
-21%
|
(3 445)
-12%
|
(3 982)
-16%
|
(4 297)
-8%
|
(3 869)
+10%
|
(3 525)
+9%
|
(3 727)
-6%
|
(3 589)
+4%
|
(4 241)
-18%
|
(4 294)
-1%
|
(4 311)
0%
|
(2 712)
+37%
|
(1 618)
+40%
|
(627)
+61%
|
115
N/A
|
480
+317%
|
4 189
+773%
|
4 224
+1%
|
4 664
+10%
|
4 188
-10%
|
444
-89%
|
514
+16%
|
822
+60%
|
1 496
+82%
|
1 994
+33%
|
2 208
+11%
|
2 504
+13%
|
2 913
+16%
|
3 154
+8%
|
3 367
+7%
|
3 536
+5%
|
3 501
-1%
|
3 687
+5%
|
3 993
+8%
|
4 229
+6%
|
4 240
+0%
|
4 273
+1%
|
4 276
+0%
|
4 127
-3%
|
|
EPS (Diluted) |
-4.34
N/A
|
-8.31
-91%
|
-10.1
-22%
|
-11.33
-12%
|
-13.07
-15%
|
-14.1
-8%
|
-12.69
+10%
|
-11.59
+9%
|
-12.23
-6%
|
-11.78
+4%
|
-13.9
-18%
|
-13.94
0%
|
-14.13
-1%
|
-8.89
+37%
|
-5.35
+40%
|
-2.05
+62%
|
0.37
N/A
|
1.57
+324%
|
13.73
+775%
|
13.89
+1%
|
15.54
+12%
|
13.73
-12%
|
1.46
-89%
|
1.69
+16%
|
2.7
+60%
|
4.9
+81%
|
6.53
+33%
|
7.26
+11%
|
8.2
+13%
|
9.56
+17%
|
10.35
+8%
|
11.05
+7%
|
11.63
+5%
|
11.49
-1%
|
12.11
+5%
|
13.1
+8%
|
13.88
+6%
|
13.91
+0%
|
14.02
+1%
|
13.99
0%
|
13.53
-3%
|