Vallabh Steels Ltd
BSE:513397
Income Statement
Earnings Waterfall
Vallabh Steels Ltd
Income Statement
Vallabh Steels 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 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
53
|
0
|
0
|
0
|
27
|
0
|
0
|
0
|
37
|
0
|
0
|
0
|
58
|
0
|
0
|
0
|
67
|
0
|
0
|
0
|
28
|
0
|
0
|
0
|
40
|
0
|
0
|
0
|
40
|
0
|
0
|
0
|
46
|
0
|
0
|
0
|
32
|
0
|
0
|
0
|
33
|
0
|
0
|
0
|
36
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
3 030
N/A
|
2 694
-11%
|
2 579
-4%
|
2 500
-3%
|
2 488
0%
|
2 441
-2%
|
2 529
+4%
|
2 426
-4%
|
2 245
-7%
|
2 234
0%
|
2 036
-9%
|
1 988
-2%
|
2 421
+22%
|
2 470
+2%
|
2 449
-1%
|
2 440
0%
|
2 012
-18%
|
1 664
-17%
|
1 612
-3%
|
1 547
-4%
|
1 696
+10%
|
1 557
-8%
|
1 424
-9%
|
1 517
+7%
|
1 377
-9%
|
1 429
+4%
|
1 525
+7%
|
1 392
-9%
|
1 419
+2%
|
1 448
+2%
|
1 366
-6%
|
1 313
-4%
|
1 353
+3%
|
1 407
+4%
|
1 460
+4%
|
1 551
+6%
|
1 427
-8%
|
1 409
-1%
|
1 319
-6%
|
1 217
-8%
|
1 169
-4%
|
1 000
-14%
|
828
-17%
|
607
-27%
|
403
-33%
|
181
-55%
|
106
-42%
|
78
-26%
|
59
-24%
|
64
+8%
|
29
-55%
|
15
-47%
|
9
-39%
|
4
-58%
|
2
-53%
|
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
|
0
N/A
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(2 855)
|
(3 940)
|
(3 832)
|
(3 718)
|
(2 338)
|
(2 273)
|
(2 363)
|
(2 292)
|
(2 114)
|
(1 814)
|
(1 658)
|
(1 650)
|
(2 259)
|
(2 184)
|
(2 174)
|
(2 159)
|
(1 872)
|
(1 447)
|
(1 399)
|
(1 362)
|
(1 522)
|
(1 381)
|
(1 255)
|
(1 353)
|
(1 233)
|
(1 303)
|
(1 405)
|
(1 264)
|
(1 272)
|
(1 287)
|
(1 207)
|
(1 157)
|
(1 118)
|
(1 175)
|
(1 225)
|
(1 308)
|
(1 150)
|
(1 108)
|
(1 000)
|
(870)
|
(871)
|
(694)
|
(552)
|
(399)
|
(301)
|
(154)
|
(86)
|
(55)
|
(21)
|
(25)
|
(17)
|
(13)
|
(10)
|
(6)
|
(3)
|
(1)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gross Profit |
175
N/A
|
(1 246)
N/A
|
(1 253)
-1%
|
(1 218)
+3%
|
150
N/A
|
168
+12%
|
166
-1%
|
134
-19%
|
131
-2%
|
421
+222%
|
378
-10%
|
338
-11%
|
161
-52%
|
285
+77%
|
275
-4%
|
280
+2%
|
140
-50%
|
218
+55%
|
212
-3%
|
185
-13%
|
174
-6%
|
177
+1%
|
169
-5%
|
164
-3%
|
144
-12%
|
126
-12%
|
120
-5%
|
128
+7%
|
147
+15%
|
161
+9%
|
159
-2%
|
156
-2%
|
235
+51%
|
231
-2%
|
235
+2%
|
243
+3%
|
277
+14%
|
301
+9%
|
319
+6%
|
347
+9%
|
298
-14%
|
306
+3%
|
276
-10%
|
208
-25%
|
103
-51%
|
27
-74%
|
20
-26%
|
23
+14%
|
38
+66%
|
38
+1%
|
12
-69%
|
2
-86%
|
(1)
N/A
|
(2)
-104%
|
(1)
+47%
|
(1)
+11%
|
(2)
-98%
|
(2)
N/A
|
(2)
+25%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(103)
|
1 311
|
1 315
|
1 291
|
(89)
|
(114)
|
(115)
|
(87)
|
(81)
|
(362)
|
(313)
|
(269)
|
(69)
|
(190)
|
(175)
|
(176)
|
(64)
|
(143)
|
(136)
|
(117)
|
(122)
|
(126)
|
(119)
|
(121)
|
(97)
|
(86)
|
(83)
|
(82)
|
(89)
|
(102)
|
(105)
|
(108)
|
(182)
|
(181)
|
(186)
|
(196)
|
(237)
|
(263)
|
(282)
|
(314)
|
(262)
|
(287)
|
(303)
|
(278)
|
(245)
|
(177)
|
(153)
|
(145)
|
(248)
|
(242)
|
(208)
|
(189)
|
(92)
|
(107)
|
(115)
|
(158)
|
(99)
|
(87)
|
(32)
|
(18)
|
(17)
|
(16)
|
(15)
|
(14)
|
(14)
|
(13)
|
|
| Selling, General & Administrative |
(76)
|
1 519
|
1 519
|
1 517
|
(62)
|
(40)
|
(42)
|
(42)
|
(59)
|
(40)
|
(39)
|
(40)
|
(54)
|
(38)
|
(37)
|
(36)
|
(50)
|
(34)
|
(33)
|
(30)
|
(30)
|
(30)
|
(28)
|
(28)
|
(24)
|
(21)
|
(18)
|
(15)
|
(20)
|
(22)
|
(25)
|
(28)
|
(21)
|
(21)
|
(21)
|
(24)
|
(30)
|
(30)
|
(30)
|
(28)
|
(29)
|
(32)
|
(33)
|
(35)
|
(32)
|
(27)
|
(26)
|
(25)
|
(21)
|
(19)
|
(14)
|
(9)
|
(8)
|
(8)
|
(7)
|
(9)
|
(5)
|
(5)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Depreciation & Amortization |
(28)
|
(28)
|
(27)
|
(27)
|
(26)
|
(26)
|
(25)
|
(24)
|
(20)
|
(19)
|
(18)
|
(16)
|
(15)
|
(13)
|
(11)
|
(10)
|
(14)
|
(14)
|
(15)
|
(15)
|
(11)
|
(10)
|
(9)
|
(8)
|
(7)
|
(7)
|
(5)
|
(6)
|
(6)
|
(11)
|
(17)
|
(21)
|
(31)
|
(31)
|
(31)
|
(31)
|
(27)
|
(26)
|
(24)
|
(23)
|
(24)
|
(25)
|
(27)
|
(28)
|
(28)
|
(27)
|
(26)
|
(25)
|
(23)
|
(22)
|
(21)
|
(20)
|
(19)
|
(18)
|
(18)
|
(21)
|
(16)
|
(15)
|
(10)
|
(13)
|
(12)
|
(12)
|
(11)
|
(11)
|
(10)
|
(10)
|
|
| Other Operating Expenses |
0
|
(180)
|
(177)
|
(199)
|
(1)
|
(47)
|
(48)
|
(21)
|
(1)
|
(304)
|
(257)
|
(213)
|
(0)
|
(140)
|
(127)
|
(131)
|
(1)
|
(95)
|
(89)
|
(72)
|
(81)
|
(86)
|
(82)
|
(85)
|
(66)
|
(59)
|
(60)
|
(62)
|
(63)
|
(68)
|
(63)
|
(59)
|
(130)
|
(129)
|
(133)
|
(142)
|
(180)
|
(207)
|
(228)
|
(263)
|
(209)
|
(230)
|
(243)
|
(214)
|
(185)
|
(123)
|
(101)
|
(95)
|
(203)
|
(201)
|
(173)
|
(160)
|
(65)
|
(81)
|
(90)
|
(128)
|
(78)
|
(67)
|
(21)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Operating Income |
72
N/A
|
66
-9%
|
62
-6%
|
73
+18%
|
61
-16%
|
54
-10%
|
51
-6%
|
47
-8%
|
50
+7%
|
59
+17%
|
65
+10%
|
69
+7%
|
93
+34%
|
95
+2%
|
100
+5%
|
104
+5%
|
76
-27%
|
75
-1%
|
76
+1%
|
69
-10%
|
53
-23%
|
51
-4%
|
49
-3%
|
44
-11%
|
47
+7%
|
40
-14%
|
37
-8%
|
46
+25%
|
58
+27%
|
60
+2%
|
54
-10%
|
47
-12%
|
54
+13%
|
50
-6%
|
50
-1%
|
47
-6%
|
39
-17%
|
38
-3%
|
37
-3%
|
33
-10%
|
36
+9%
|
19
-49%
|
(27)
N/A
|
(70)
-161%
|
(143)
-104%
|
(150)
-5%
|
(133)
+11%
|
(122)
+8%
|
(210)
-72%
|
(204)
+3%
|
(196)
+4%
|
(187)
+5%
|
(93)
+50%
|
(110)
-18%
|
(116)
-6%
|
(159)
-37%
|
(101)
+36%
|
(89)
+12%
|
(34)
+62%
|
(18)
+47%
|
(17)
+9%
|
(16)
+5%
|
(15)
+5%
|
(14)
+5%
|
(14)
+4%
|
(13)
+5%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(53)
|
(50)
|
(44)
|
(37)
|
(27)
|
(26)
|
(28)
|
(33)
|
(40)
|
(46)
|
(52)
|
(56)
|
(58)
|
(64)
|
(69)
|
(74)
|
(66)
|
(69)
|
(70)
|
(62)
|
(28)
|
(28)
|
(26)
|
(17)
|
(40)
|
(36)
|
(32)
|
(37)
|
(40)
|
(42)
|
(39)
|
(41)
|
(46)
|
(45)
|
(44)
|
(41)
|
(32)
|
(33)
|
(32)
|
(32)
|
(33)
|
(40)
|
(46)
|
(45)
|
(36)
|
(24)
|
(10)
|
(3)
|
(1)
|
(2)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Non-Reccuring Items |
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
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gain/Loss on Disposition of Assets |
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
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
1
|
1
|
(2)
|
1
|
1
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
1
|
1
|
1
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
1
|
(1)
|
2
|
2
|
0
|
(1)
|
(1)
|
5
|
6
|
(2)
|
6
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
19
N/A
|
15
-20%
|
18
+17%
|
36
+97%
|
33
-6%
|
29
-14%
|
23
-20%
|
14
-41%
|
11
-21%
|
13
+17%
|
13
+6%
|
13
-3%
|
33
+154%
|
31
-5%
|
31
+0%
|
32
+0%
|
8
-76%
|
7
-14%
|
7
+8%
|
7
-6%
|
22
+239%
|
23
+2%
|
23
+0%
|
27
+16%
|
5
-81%
|
5
-4%
|
6
+18%
|
10
+76%
|
17
+69%
|
18
+4%
|
15
-16%
|
7
-57%
|
6
-7%
|
5
-17%
|
6
+22%
|
7
+20%
|
7
-8%
|
7
0%
|
7
-3%
|
1
-79%
|
2
+48%
|
(22)
N/A
|
(67)
-204%
|
(109)
-61%
|
(174)
-60%
|
(168)
+3%
|
(143)
+15%
|
(125)
+13%
|
(212)
-70%
|
(205)
+3%
|
(197)
+4%
|
(187)
+5%
|
(93)
+50%
|
(110)
-18%
|
(116)
-6%
|
(159)
-37%
|
(101)
+36%
|
(89)
+12%
|
(34)
+62%
|
(18)
+47%
|
(17)
+9%
|
(16)
+5%
|
(15)
+5%
|
(14)
+5%
|
(14)
+4%
|
(13)
+5%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(8)
|
(8)
|
(9)
|
(12)
|
(17)
|
(17)
|
(14)
|
(11)
|
(5)
|
(5)
|
(5)
|
(5)
|
(17)
|
(17)
|
(17)
|
(16)
|
7
|
7
|
7
|
7
|
4
|
4
|
4
|
3
|
18
|
18
|
19
|
18
|
(4)
|
(4)
|
(4)
|
(3)
|
2
|
2
|
2
|
2
|
3
|
3
|
4
|
5
|
0
|
0
|
(0)
|
(1)
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
1
|
1
|
0
|
0
|
(0)
|
|
| Income from Continuing Operations |
11
|
8
|
10
|
24
|
16
|
12
|
10
|
3
|
6
|
7
|
8
|
8
|
16
|
15
|
15
|
16
|
14
|
14
|
14
|
14
|
26
|
26
|
26
|
29
|
23
|
23
|
24
|
28
|
14
|
14
|
11
|
4
|
8
|
7
|
8
|
9
|
9
|
10
|
11
|
6
|
2
|
(22)
|
(68)
|
(109)
|
(172)
|
(166)
|
(141)
|
(123)
|
(211)
|
(204)
|
(196)
|
(186)
|
(92)
|
(109)
|
(115)
|
(158)
|
(101)
|
(88)
|
(33)
|
(18)
|
(16)
|
(15)
|
(14)
|
(14)
|
(14)
|
(13)
|
|
| Net Income (Common) |
11
N/A
|
8
-31%
|
10
+23%
|
24
+147%
|
16
-31%
|
12
-24%
|
10
-21%
|
3
-70%
|
6
+93%
|
7
+32%
|
8
+8%
|
8
-5%
|
16
+112%
|
15
-9%
|
15
+2%
|
16
+6%
|
14
-9%
|
14
-3%
|
14
+4%
|
14
-3%
|
26
+86%
|
26
+1%
|
26
N/A
|
29
+11%
|
23
-22%
|
23
+1%
|
24
+7%
|
28
+15%
|
14
-51%
|
14
+2%
|
11
-21%
|
4
-65%
|
8
+101%
|
7
-10%
|
8
+13%
|
9
+14%
|
9
+5%
|
10
+7%
|
11
+5%
|
6
-43%
|
2
-59%
|
(22)
N/A
|
(68)
-207%
|
(109)
-61%
|
(172)
-57%
|
(166)
+3%
|
(141)
+15%
|
(123)
+13%
|
(211)
-71%
|
(204)
+3%
|
(196)
+4%
|
(186)
+5%
|
(92)
+50%
|
(109)
-18%
|
(115)
-6%
|
(158)
-37%
|
(101)
+36%
|
(88)
+12%
|
(33)
+62%
|
(18)
+46%
|
(16)
+9%
|
(15)
+7%
|
(14)
+5%
|
(14)
+1%
|
(14)
+4%
|
(13)
+3%
|
|
| EPS (Diluted) |
2.23
N/A
|
1.57
-30%
|
1.9
+21%
|
4.7
+147%
|
3.22
-31%
|
2.47
-23%
|
1.95
-21%
|
0.57
-71%
|
1.13
+98%
|
1.48
+31%
|
1.59
+7%
|
1.55
-3%
|
3.22
+108%
|
2.93
-9%
|
2.98
+2%
|
3.17
+6%
|
2.86
-10%
|
2.81
-2%
|
2.88
+2%
|
2.8
-3%
|
5.2
+86%
|
5.24
+1%
|
5.24
N/A
|
5.84
+11%
|
4.6
-21%
|
4.58
0%
|
4.88
+7%
|
5.62
+15%
|
2.76
-51%
|
2.79
+1%
|
2.2
-21%
|
0.79
-64%
|
1.54
+95%
|
1.4
-9%
|
1.56
+11%
|
1.81
+16%
|
1.9
+5%
|
2.04
+7%
|
2.14
+5%
|
1.21
-43%
|
0.49
-60%
|
-4.46
N/A
|
-13.7
-207%
|
-22.1
-61%
|
-34.79
-57%
|
-33.53
+4%
|
-28.48
+15%
|
-24.83
+13%
|
-42.53
-71%
|
-41.1
+3%
|
-39.66
+4%
|
-37.59
+5%
|
-18.66
+50%
|
-21.98
-18%
|
-23.22
-6%
|
-31.89
-37%
|
-20.33
+36%
|
-17.81
+12%
|
-6.73
+62%
|
-3.61
+46%
|
-3.28
+9%
|
-3.06
+7%
|
-2.9
+5%
|
-2.86
+1%
|
-2.74
+4%
|
-2.65
+3%
|
|