VBC Ferro Alloys Ltd
BSE:513005
Income Statement
Earnings Waterfall
VBC Ferro Alloys Ltd
Income Statement
VBC Ferro Alloys 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-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 |
57
|
48
|
40
|
41
|
32
|
33
|
34
|
0
|
36
|
0
|
0
|
0
|
37
|
0
|
0
|
0
|
32
|
0
|
0
|
0
|
49
|
0
|
0
|
0
|
20
|
0
|
0
|
0
|
39
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
807
N/A
|
724
-10%
|
645
-11%
|
732
+14%
|
838
+14%
|
922
+10%
|
996
+8%
|
1 053
+6%
|
1 124
+7%
|
1 157
+3%
|
1 172
+1%
|
1 109
-5%
|
1 071
-3%
|
983
-8%
|
749
-24%
|
524
-30%
|
285
-46%
|
207
-27%
|
165
-20%
|
165
N/A
|
126
-24%
|
5
-96%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
42
N/A
|
257
+514%
|
441
+72%
|
457
+4%
|
425
-7%
|
211
-50%
|
35
-83%
|
24
-32%
|
18
-26%
|
20
+13%
|
15
-23%
|
146
+849%
|
925
+533%
|
1 482
+60%
|
1 837
+24%
|
2 076
+13%
|
1 757
-15%
|
1 300
-26%
|
1 074
-17%
|
991
-8%
|
898
-9%
|
1 148
+28%
|
1 122
-2%
|
1 056
-6%
|
734
-30%
|
386
-47%
|
280
-27%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(585)
|
(540)
|
(511)
|
(581)
|
(648)
|
(660)
|
(706)
|
(742)
|
(817)
|
(820)
|
(822)
|
(783)
|
(775)
|
(751)
|
(612)
|
(473)
|
(274)
|
(264)
|
(213)
|
(180)
|
(165)
|
(21)
|
(21)
|
(24)
|
(9)
|
(9)
|
(3)
|
0
|
0
|
0
|
0
|
(0)
|
(58)
|
(271)
|
(455)
|
(533)
|
(474)
|
(262)
|
(373)
|
(296)
|
(487)
|
(487)
|
(191)
|
(287)
|
(743)
|
(1 177)
|
(1 444)
|
(1 721)
|
(1 490)
|
(1 113)
|
(935)
|
(783)
|
(923)
|
(1 223)
|
(1 224)
|
(1 208)
|
(1 423)
|
(1 068)
|
(984)
|
|
| Gross Profit |
222
N/A
|
184
-17%
|
134
-28%
|
152
+13%
|
191
+26%
|
262
+37%
|
291
+11%
|
311
+7%
|
307
-1%
|
337
+10%
|
350
+4%
|
326
-7%
|
296
-9%
|
232
-22%
|
137
-41%
|
51
-63%
|
11
-78%
|
(56)
N/A
|
(48)
+15%
|
(15)
+69%
|
(39)
-159%
|
(16)
+59%
|
(21)
-30%
|
(24)
-16%
|
(9)
+63%
|
(9)
+0%
|
(3)
+63%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
(0)
N/A
|
(16)
-4 477%
|
(14)
+12%
|
(14)
-1%
|
(75)
-442%
|
(50)
+34%
|
(52)
-4%
|
(338)
-554%
|
(272)
+19%
|
(469)
-72%
|
(467)
+0%
|
(175)
+62%
|
(141)
+19%
|
182
N/A
|
304
+68%
|
393
+29%
|
356
-10%
|
266
-25%
|
188
-30%
|
140
-26%
|
209
+49%
|
(25)
N/A
|
(74)
-196%
|
(101)
-36%
|
(152)
-50%
|
(689)
-352%
|
(683)
+1%
|
(704)
-3%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(147)
|
(166)
|
(134)
|
(144)
|
(119)
|
(157)
|
(159)
|
(161)
|
(128)
|
(151)
|
(157)
|
(149)
|
(157)
|
(150)
|
(136)
|
(114)
|
(101)
|
(76)
|
(67)
|
(67)
|
(123)
|
(106)
|
(96)
|
(83)
|
(43)
|
(11)
|
0
|
8
|
(10)
|
(11)
|
(33)
|
(62)
|
(120)
|
(148)
|
(168)
|
(171)
|
(179)
|
(159)
|
(143)
|
(133)
|
(182)
|
(181)
|
(194)
|
(205)
|
(225)
|
(310)
|
(376)
|
(425)
|
(328)
|
(289)
|
(232)
|
(218)
|
(245)
|
(17)
|
(16)
|
(1)
|
(201)
|
(152)
|
(176)
|
|
| Selling, General & Administrative |
(134)
|
(42)
|
(43)
|
(48)
|
(57)
|
(63)
|
(66)
|
(76)
|
(71)
|
(70)
|
(72)
|
(66)
|
(77)
|
(76)
|
(75)
|
(66)
|
(60)
|
(57)
|
(52)
|
(53)
|
(103)
|
(89)
|
(80)
|
(69)
|
(28)
|
(27)
|
(27)
|
(27)
|
(2)
|
(4)
|
(8)
|
(17)
|
(31)
|
(37)
|
(45)
|
(41)
|
(33)
|
(23)
|
(15)
|
(13)
|
(16)
|
(16)
|
(17)
|
(18)
|
(34)
|
(48)
|
(60)
|
(72)
|
(52)
|
(52)
|
(48)
|
(44)
|
(52)
|
(51)
|
(50)
|
(41)
|
(31)
|
(20)
|
(12)
|
|
| Depreciation & Amortization |
(14)
|
(14)
|
(13)
|
(13)
|
(15)
|
(15)
|
(15)
|
(14)
|
(13)
|
(12)
|
(12)
|
(13)
|
(10)
|
(9)
|
(8)
|
(6)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(7)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(1)
|
(19)
|
(32)
|
(65)
|
(80)
|
(81)
|
(83)
|
(70)
|
(69)
|
(68)
|
(68)
|
(66)
|
(65)
|
(81)
|
(80)
|
(64)
|
(82)
|
(68)
|
(70)
|
(71)
|
(71)
|
(71)
|
(71)
|
(72)
|
(71)
|
(71)
|
(71)
|
(70)
|
(69)
|
(68)
|
|
| Other Operating Expenses |
0
|
(111)
|
(78)
|
(83)
|
(47)
|
(79)
|
(79)
|
(72)
|
(44)
|
(69)
|
(73)
|
(71)
|
(70)
|
(65)
|
(53)
|
(41)
|
(34)
|
(11)
|
(8)
|
(7)
|
(13)
|
(10)
|
(10)
|
(7)
|
(8)
|
23
|
34
|
41
|
(3)
|
(6)
|
(6)
|
(13)
|
(25)
|
(31)
|
(43)
|
(46)
|
(76)
|
(67)
|
(60)
|
(52)
|
(99)
|
(100)
|
(96)
|
(107)
|
(126)
|
(180)
|
(248)
|
(283)
|
(205)
|
(166)
|
(113)
|
(102)
|
(121)
|
105
|
105
|
110
|
(101)
|
(63)
|
(96)
|
|
| Operating Income |
74
N/A
|
19
-75%
|
(1)
N/A
|
7
N/A
|
72
+876%
|
105
+45%
|
131
+25%
|
150
+14%
|
179
+20%
|
186
+4%
|
193
+4%
|
177
-8%
|
139
-21%
|
82
-41%
|
2
-98%
|
(64)
N/A
|
(90)
-41%
|
(132)
-47%
|
(115)
+13%
|
(82)
+29%
|
(161)
-97%
|
(122)
+24%
|
(117)
+4%
|
(107)
+8%
|
(52)
+51%
|
(20)
+62%
|
(3)
+84%
|
8
N/A
|
(10)
N/A
|
(11)
-13%
|
(33)
-196%
|
(63)
-91%
|
(135)
-116%
|
(162)
-19%
|
(182)
-13%
|
(246)
-35%
|
(228)
+7%
|
(211)
+8%
|
(481)
-128%
|
(405)
+16%
|
(651)
-60%
|
(648)
+0%
|
(369)
+43%
|
(346)
+6%
|
(43)
+88%
|
(6)
+87%
|
18
N/A
|
(69)
N/A
|
(61)
+11%
|
(101)
-65%
|
(93)
+9%
|
(9)
+90%
|
(270)
-2 857%
|
(91)
+66%
|
(117)
-28%
|
(153)
-31%
|
(890)
-481%
|
(835)
+6%
|
(880)
-5%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(51)
|
(48)
|
(40)
|
(41)
|
(25)
|
(33)
|
(34)
|
(35)
|
(30)
|
(39)
|
(40)
|
(41)
|
(31)
|
(44)
|
(42)
|
(40)
|
(24)
|
(37)
|
(38)
|
(43)
|
(49)
|
(49)
|
(54)
|
(62)
|
(20)
|
(51)
|
(48)
|
(38)
|
(39)
|
(8)
|
(15)
|
(16)
|
(17)
|
(11)
|
(6)
|
(8)
|
(3)
|
(6)
|
(5)
|
(2)
|
(0)
|
(6)
|
(5)
|
(6)
|
(0)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
2
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
|
| Non-Reccuring Items |
(22)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(31)
|
(39)
|
(46)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1 368)
|
(1 368)
|
(1 369)
|
(1 432)
|
(64)
|
(64)
|
0
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
253
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
1
|
0
|
0
|
0
|
16
|
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
|
(37)
|
(37)
|
(37)
|
0
|
(53)
|
(53)
|
0
|
198
|
0
|
0
|
0
|
39
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
7
|
14
|
14
|
15
|
15
|
38
|
40
|
39
|
5
|
13
|
14
|
19
|
9
|
22
|
19
|
14
|
0
|
11
|
12
|
12
|
12
|
12
|
29
|
27
|
(6)
|
23
|
4
|
3
|
(4)
|
0
|
0
|
0
|
23
|
86
|
86
|
87
|
9
|
13
|
143
|
90
|
(3)
|
200
|
71
|
71
|
6
|
54
|
63
|
87
|
68
|
65
|
56
|
32
|
19
|
29
|
33
|
44
|
31
|
20
|
56
|
|
| Pre-Tax Income |
9
N/A
|
(15)
N/A
|
(27)
-82%
|
(19)
+31%
|
78
N/A
|
110
+42%
|
137
+24%
|
155
+13%
|
154
0%
|
160
+4%
|
167
+4%
|
155
-7%
|
116
-25%
|
60
-49%
|
(22)
N/A
|
(90)
-315%
|
(114)
-26%
|
(158)
-39%
|
(142)
+10%
|
(113)
+20%
|
(199)
-76%
|
(190)
+4%
|
(181)
+5%
|
(187)
-4%
|
(78)
+58%
|
(48)
+38%
|
(47)
+2%
|
(27)
+43%
|
(53)
-93%
|
(19)
+63%
|
(1 416)
-7 231%
|
(1 447)
-2%
|
(1 499)
-4%
|
(1 556)
-4%
|
(203)
+87%
|
(268)
-32%
|
(222)
+17%
|
(256)
-15%
|
(393)
-54%
|
(316)
+20%
|
(456)
-44%
|
(454)
+1%
|
(304)
+33%
|
(281)
+7%
|
2
N/A
|
47
+1 978%
|
80
+70%
|
17
-78%
|
7
-62%
|
(36)
N/A
|
(37)
-3%
|
22
N/A
|
4
-81%
|
(63)
N/A
|
(85)
-35%
|
(111)
-30%
|
(859)
-677%
|
(815)
+5%
|
(824)
-1%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(4)
|
4
|
8
|
6
|
(26)
|
(37)
|
(41)
|
(52)
|
(52)
|
(54)
|
(60)
|
(49)
|
(36)
|
(18)
|
8
|
29
|
(4)
|
(6)
|
(20)
|
(38)
|
2
|
2
|
2
|
2
|
6
|
7
|
7
|
7
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(22)
|
(22)
|
0
|
0
|
20
|
20
|
(0)
|
(8)
|
(8)
|
(3)
|
21
|
28
|
28
|
23
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Income from Continuing Operations |
5
|
(11)
|
(19)
|
(13)
|
52
|
74
|
96
|
103
|
102
|
106
|
106
|
106
|
80
|
42
|
(13)
|
(61)
|
(117)
|
(164)
|
(161)
|
(150)
|
(197)
|
(188)
|
(179)
|
(185)
|
(72)
|
(42)
|
(41)
|
(21)
|
(53)
|
(19)
|
(1 416)
|
(1 447)
|
(1 499)
|
(1 556)
|
(203)
|
(268)
|
(224)
|
(257)
|
(415)
|
(338)
|
(456)
|
(454)
|
(284)
|
(261)
|
2
|
39
|
72
|
15
|
27
|
(8)
|
(9)
|
45
|
4
|
(63)
|
(85)
|
(111)
|
(859)
|
(815)
|
(824)
|
|
| Net Income (Common) |
5
N/A
|
(11)
N/A
|
(19)
-71%
|
(13)
+31%
|
52
N/A
|
74
+42%
|
96
+31%
|
103
+7%
|
102
-1%
|
106
+4%
|
106
+0%
|
106
-1%
|
80
-24%
|
42
-47%
|
(13)
N/A
|
(61)
-361%
|
(117)
-92%
|
(164)
-40%
|
(161)
+2%
|
(150)
+7%
|
(197)
-31%
|
(188)
+5%
|
(179)
+5%
|
(185)
-4%
|
(72)
+61%
|
(42)
+42%
|
(41)
+2%
|
(21)
+49%
|
(53)
-154%
|
(19)
+63%
|
(1 416)
-7 231%
|
(1 447)
-2%
|
(1 499)
-4%
|
(1 556)
-4%
|
(203)
+87%
|
(268)
-32%
|
(224)
+16%
|
(257)
-15%
|
(415)
-61%
|
(338)
+18%
|
(456)
-35%
|
(454)
+1%
|
(284)
+38%
|
(261)
+8%
|
2
N/A
|
39
+1 953%
|
72
+83%
|
15
-79%
|
27
+85%
|
(8)
N/A
|
(9)
-8%
|
45
N/A
|
4
-91%
|
(63)
N/A
|
(85)
-35%
|
(111)
-30%
|
(859)
-677%
|
(815)
+5%
|
(824)
-1%
|
|
| EPS (Diluted) |
1.16
N/A
|
-2.46
N/A
|
-4.52
-84%
|
-3
+34%
|
11.81
N/A
|
16.74
+42%
|
21.88
+31%
|
23.36
+7%
|
23.15
-1%
|
24.15
+4%
|
24.2
+0%
|
24.06
-1%
|
18.26
-24%
|
9.59
-47%
|
-3.04
N/A
|
-13.93
-358%
|
-26.68
-92%
|
-37.31
-40%
|
-36.59
+2%
|
-34.15
+7%
|
-44.65
-31%
|
-42.63
+5%
|
-40.56
+5%
|
-42.06
-4%
|
-16.32
+61%
|
-9.54
+42%
|
-9.29
+3%
|
-4.6
+50%
|
-11.96
-160%
|
-4.39
+63%
|
-322.16
-7 238%
|
-329.14
-2%
|
-312.07
+5%
|
-127.87
+59%
|
-14.31
+89%
|
-18.87
-32%
|
-16.32
+14%
|
-15.67
+4%
|
-25.32
-62%
|
-20.66
+18%
|
-27.82
-35%
|
-27.64
+1%
|
-17.29
+37%
|
-15.92
+8%
|
0.12
N/A
|
2.39
+1 892%
|
4.1
+72%
|
0.9
-78%
|
1.66
+84%
|
-0.49
N/A
|
-0.5
-2%
|
2.62
N/A
|
0.25
-90%
|
-3.86
N/A
|
-5.2
-35%
|
-6.74
-30%
|
-52.42
-678%
|
-49.78
+5%
|
-50.22
-1%
|
|