Income Statement

Earnings Waterfall
DCW Ltd

Revenue
20.3B INR
Cost of Revenue
-10.9B INR
Gross Profit
9.3B INR
Operating Expenses
-8.1B INR
Operating Income
1.2B INR
Other Expenses
-729.9m INR
Net Income
500m INR

Income Statement
DCW Ltd

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Income Statement
Currency: INR
Sep-2002 Dec-2002 Mar-2003 Jun-2003 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 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
0
79
90
48
21
35
28
71
65
72
103
146
146
186
247
333
367
393
392
390
0
0
0
249
0
0
0
289
0
0
0
273
0
0
0
224
0
0
0
147
0
0
0
519
0
0
0
547
0
0
0
877
0
0
0
955
0
0
0
1 004
0
0
0
1 126
0
0
0
1 067
0
0
0
1 199
0
0
0
642
0
0
0
0
0
0
Revenue
5 781
N/A
5 977
+3%
6 241
+4%
5 849
-6%
1 950
-67%
3 216
+65%
4 452
+38%
6 618
+49%
6 250
-6%
6 777
+8%
7 651
+13%
7 451
-3%
8 508
+14%
8 759
+3%
8 962
+2%
9 186
+3%
8 975
-2%
9 656
+8%
9 883
+2%
10 268
+4%
10 299
+0%
10 407
+1%
10 389
0%
10 577
+2%
10 893
+3%
10 917
+0%
11 506
+5%
11 841
+3%
12 745
+8%
13 234
+4%
13 748
+4%
13 278
-3%
13 036
-2%
12 663
-3%
12 352
-2%
13 256
+7%
12 972
-2%
13 178
+2%
12 448
-6%
12 545
+1%
12 786
+2%
13 432
+5%
13 930
+4%
13 988
+0%
13 775
-2%
13 311
-3%
13 590
+2%
13 049
-4%
13 081
+0%
12 455
-5%
11 834
-5%
12 134
+3%
12 225
+1%
12 924
+6%
13 408
+4%
13 528
+1%
13 394
-1%
13 502
+1%
13 416
-1%
12 773
-5%
12 460
-2%
12 298
-1%
13 022
+6%
14 643
+12%
17 002
+16%
19 341
+14%
22 032
+14%
24 547
+11%
27 029
+10%
28 288
+5%
27 529
-3%
26 338
-4%
23 032
-13%
20 195
-12%
18 380
-9%
18 716
+2%
19 331
+3%
20 077
+4%
20 841
+4%
20 003
-4%
19 763
-1%
20 268
+3%
Gross Profit
Cost of Revenue
(2 771)
(3 026)
(5 782)
(4 337)
(1 174)
(1 808)
(2 302)
(3 712)
(3 088)
(3 355)
(4 226)
(3 887)
(5 527)
(5 823)
(6 100)
(5 909)
(5 665)
(5 998)
(5 703)
(5 463)
(5 827)
(6 275)
(6 613)
0
(7 129)
(6 954)
(7 309)
(5 890)
(5 794)
(5 510)
(5 508)
(5 704)
(5 389)
(5 208)
(4 915)
(6 780)
(6 671)
(7 108)
(6 864)
(6 914)
(7 049)
(7 415)
(7 509)
(7 498)
(7 488)
(7 003)
(7 344)
(7 210)
(7 387)
(6 914)
(6 255)
(6 231)
(6 003)
(6 441)
(7 074)
(6 814)
(6 593)
(6 643)
(6 447)
(6 360)
(6 176)
(6 108)
(6 445)
(7 561)
(9 539)
(11 202)
(12 967)
(14 214)
(15 033)
(15 310)
(14 030)
(12 939)
(10 988)
(9 343)
(8 954)
(9 856)
(10 393)
(11 145)
(11 386)
(10 879)
(10 643)
(10 935)
Gross Profit
3 011
N/A
2 951
-2%
459
-84%
1 511
+229%
776
-49%
1 409
+81%
2 150
+53%
2 906
+35%
3 162
+9%
3 422
+8%
3 425
+0%
3 564
+4%
2 980
-16%
2 936
-1%
2 862
-3%
3 277
+14%
3 310
+1%
3 658
+11%
4 181
+14%
4 805
+15%
4 472
-7%
4 133
-8%
3 777
-9%
0
N/A
3 764
N/A
3 963
+5%
4 197
+6%
5 951
+42%
6 951
+17%
7 723
+11%
8 240
+7%
7 574
-8%
7 647
+1%
7 455
-3%
7 437
0%
6 475
-13%
6 301
-3%
6 070
-4%
5 584
-8%
5 631
+1%
5 736
+2%
6 017
+5%
6 421
+7%
6 490
+1%
6 287
-3%
6 307
+0%
6 246
-1%
5 839
-7%
5 695
-2%
5 541
-3%
5 579
+1%
5 903
+6%
6 222
+5%
6 483
+4%
6 334
-2%
6 714
+6%
6 801
+1%
6 859
+1%
6 969
+2%
6 413
-8%
6 284
-2%
6 190
-2%
6 577
+6%
7 082
+8%
7 463
+5%
8 139
+9%
9 065
+11%
10 334
+14%
11 996
+16%
12 978
+8%
13 499
+4%
13 399
-1%
12 044
-10%
10 852
-10%
9 426
-13%
8 860
-6%
8 938
+1%
8 932
0%
9 455
+6%
9 125
-3%
9 120
0%
9 333
+2%
Operating Income
Operating Expenses
(2 766)
(2 728)
(189)
(1 240)
(725)
(1 287)
(1 965)
(2 684)
(2 719)
(2 877)
(2 776)
(2 983)
(2 176)
(2 115)
(2 155)
(2 986)
(2 963)
(3 157)
(3 409)
(3 480)
(3 412)
(3 256)
(3 110)
(10 071)
(3 250)
(3 353)
(3 397)
(5 208)
(5 968)
(6 339)
(6 633)
(5 617)
(5 925)
(6 257)
(6 582)
(5 690)
(5 665)
(5 513)
(5 477)
(5 491)
(5 511)
(5 635)
(5 654)
(5 676)
(5 560)
(5 530)
(5 352)
(5 081)
(5 134)
(5 158)
(5 245)
(5 518)
(5 688)
(5 819)
(5 760)
(5 754)
(5 866)
(5 852)
(5 890)
(5 618)
(5 851)
(5 766)
(5 963)
(5 861)
(5 998)
(6 243)
(6 993)
(7 853)
(8 992)
(9 712)
(10 115)
(9 880)
(9 372)
(8 826)
(8 232)
(8 014)
(8 198)
(8 273)
(8 437)
(8 136)
(8 104)
(8 103)
Selling, General & Administrative
(1 104)
(1 123)
0
(335)
(446)
(765)
(1 189)
(2 406)
(1 601)
(1 712)
(1 593)
(2 683)
(1 902)
(1 789)
(1 819)
(2 574)
(1 454)
(1 557)
(1 682)
(2 990)
(1 662)
(1 556)
(1 432)
0
(1 376)
(1 434)
(1 430)
(602)
(3 572)
(3 708)
(3 821)
(891)
(3 628)
(3 794)
(4 245)
(5 179)
(3 293)
(3 353)
(3 190)
(4 971)
(3 135)
(3 150)
(3 152)
(4 986)
(2 967)
(2 984)
(2 934)
(4 299)
(2 819)
(2 810)
(2 938)
(4 541)
(3 211)
(3 311)
(3 257)
(4 793)
(3 389)
(3 411)
(3 362)
(4 650)
(3 260)
(3 256)
(3 378)
(4 840)
(3 404)
(3 656)
(4 122)
(6 887)
(2 263)
(2 805)
(3 100)
(8 849)
(6 085)
(5 634)
(5 186)
(6 981)
(4 870)
(4 871)
(4 955)
(7 030)
(4 659)
(4 663)
Depreciation & Amortization
(320)
(271)
(224)
(230)
(62)
(122)
(184)
(253)
(258)
(262)
(273)
(300)
(336)
(369)
(398)
(412)
(438)
(461)
(484)
(489)
(480)
(474)
(470)
(476)
(475)
(482)
(493)
(510)
(526)
(535)
(529)
(529)
(522)
(518)
(518)
(510)
(515)
(520)
(534)
(520)
(537)
(578)
(614)
(690)
(710)
(729)
(705)
(679)
(730)
(757)
(825)
(878)
(873)
(871)
(868)
(834)
(836)
(841)
(840)
(872)
(871)
(869)
(870)
(874)
(876)
(883)
(886)
(885)
(888)
(890)
(895)
(902)
(907)
(911)
(921)
(938)
(956)
(975)
(991)
(999)
(1 004)
(1 016)
Other Operating Expenses
(1 342)
(1 334)
34
(675)
(218)
(400)
(592)
(25)
(861)
(903)
(910)
0
62
43
62
0
(1 071)
(1 139)
(1 243)
0
(1 271)
(1 227)
(1 208)
(9 596)
(1 399)
(1 437)
(1 474)
(4 096)
(1 870)
(2 096)
(2 284)
(4 197)
(1 775)
(1 945)
(1 819)
0
(1 857)
(1 641)
(1 753)
0
(1 839)
(1 907)
(1 888)
0
(1 883)
(1 817)
(1 713)
(103)
(1 586)
(1 592)
(1 482)
(99)
(1 604)
(1 638)
(1 635)
(126)
(1 641)
(1 600)
(1 688)
(96)
(1 720)
(1 640)
(1 715)
(147)
(1 717)
(1 704)
(1 985)
(81)
(5 840)
(6 017)
(6 120)
(129)
(2 380)
(2 281)
(2 125)
(96)
(2 372)
(2 427)
(2 490)
(107)
(2 440)
(2 424)
Operating Income
245
N/A
223
-9%
270
+21%
272
+1%
51
-81%
122
+139%
184
+52%
222
+20%
442
+99%
546
+23%
649
+19%
581
-10%
805
+39%
821
+2%
707
-14%
291
-59%
347
+19%
501
+44%
771
+54%
1 325
+72%
1 060
-20%
877
-17%
667
-24%
505
-24%
514
+2%
610
+19%
800
+31%
743
-7%
983
+32%
1 384
+41%
1 606
+16%
1 957
+22%
1 722
-12%
1 199
-30%
856
-29%
786
-8%
636
-19%
557
-12%
107
-81%
140
+31%
225
+61%
382
+69%
768
+101%
814
+6%
728
-11%
778
+7%
894
+15%
758
-15%
561
-26%
384
-32%
334
-13%
385
+15%
534
+39%
664
+24%
574
-14%
960
+67%
935
-3%
1 007
+8%
1 079
+7%
794
-26%
433
-45%
424
-2%
614
+45%
1 220
+99%
1 465
+20%
1 897
+29%
2 073
+9%
2 480
+20%
3 004
+21%
3 266
+9%
3 384
+4%
3 519
+4%
2 673
-24%
2 025
-24%
1 194
-41%
846
-29%
739
-13%
659
-11%
1 019
+55%
988
-3%
1 016
+3%
1 230
+21%
Pre-Tax Income
Interest Income Expense
(125)
(116)
(90)
(85)
(21)
(35)
(28)
(54)
(65)
(72)
(103)
(131)
(146)
(186)
(247)
(295)
(367)
(393)
(392)
(385)
(351)
(329)
(321)
(268)
(320)
(320)
(334)
(289)
(334)
(340)
(334)
(273)
(317)
(325)
(323)
(224)
(246)
(220)
(179)
(147)
(265)
(340)
(437)
(516)
(601)
(606)
(630)
(497)
(643)
(739)
(807)
(865)
(933)
(944)
(945)
(1 113)
(1 069)
(1 108)
(1 124)
(1 174)
(1 094)
(1 095)
(1 125)
(1 039)
(1 228)
(1 233)
(1 235)
(1 114)
(1 078)
(1 408)
(1 328)
(1 247)
(1 176)
(742)
(727)
(546)
(733)
(732)
(714)
(506)
(655)
(626)
Non-Reccuring Items
0
0
0
0
0
0
0
(14)
0
0
25
(6)
(131)
(184)
(375)
(3)
85
165
344
(12)
87
116
87
0
(87)
(154)
(312)
0
(55)
(44)
131
(59)
1
1
0
0
0
36
(42)
(6)
(6)
(42)
36
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
139
0
139
139
0
0
0
0
0
0
(11)
(12)
(12)
(12)
(0)
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
(2)
0
0
0
(5)
0
0
0
104
0
0
0
(4)
0
0
0
(2)
0
0
0
(7)
0
0
0
(12)
0
0
0
1
0
0
0
(29)
0
0
0
(2)
0
0
0
(7)
0
0
0
(7)
0
0
0
0
0
0
0
(32)
147
443
469
461
0
0
(11)
(10)
0
0
0
(4)
0
0
Total Other Income
0
0
0
0
0
0
0
160
0
0
0
65
3
36
44
209
273
240
232
21
32
34
49
17
182
187
199
6
119
117
111
(20)
55
96
91
(33)
56
12
1
(22)
19
17
31
(31)
32
34
16
18
55
70
102
(10)
63
54
29
(59)
40
43
56
(10)
87
89
85
(44)
128
125
121
(40)
61
97
123
11
492
192
182
(25)
207
223
227
16
207
193
Pre-Tax Income
121
N/A
107
-12%
180
+69%
187
+4%
30
-84%
86
+187%
156
+81%
314
+101%
378
+20%
474
+25%
571
+21%
509
-11%
531
+4%
487
-8%
130
-73%
199
+53%
339
+70%
513
+52%
956
+86%
945
-1%
828
-12%
698
-16%
483
-31%
359
-26%
290
-19%
323
+11%
354
+10%
457
+29%
713
+56%
1 117
+57%
1 515
+36%
1 604
+6%
1 461
-9%
971
-34%
625
-36%
522
-16%
445
-15%
385
-13%
(114)
N/A
(48)
+58%
(27)
+44%
16
N/A
397
+2 322%
268
-33%
159
-41%
205
+29%
280
+36%
250
-11%
(28)
N/A
(285)
-915%
(371)
-30%
(491)
-32%
(336)
+31%
(226)
+33%
(343)
-52%
(219)
+36%
(95)
+57%
(58)
+39%
12
N/A
(397)
N/A
(574)
-45%
(582)
-1%
(426)
+27%
137
N/A
504
+268%
789
+57%
1 098
+39%
1 432
+30%
2 135
+49%
2 397
+12%
2 647
+10%
2 744
+4%
1 988
-28%
1 475
-26%
627
-57%
253
-60%
202
-20%
139
-31%
532
+282%
494
-7%
569
+15%
797
+40%
Net Income
Tax Provision
13
(13)
(76)
(68)
(5)
(4)
(11)
(112)
(127)
(164)
(186)
(151)
(143)
(119)
(71)
(58)
(117)
(170)
(253)
(268)
(223)
(195)
(138)
(70)
(58)
(32)
(52)
(150)
(227)
(445)
(602)
(555)
(517)
(317)
(162)
(143)
(121)
(103)
(31)
(12)
(18)
(34)
(77)
(97)
(66)
(77)
(101)
(49)
38
116
144
289
216
183
217
176
166
160
140
129
193
192
138
(99)
(234)
(332)
(436)
(357)
(606)
(569)
(603)
(824)
(556)
(513)
(270)
(97)
(78)
(54)
(189)
(191)
(219)
(297)
Income from Continuing Operations
133
94
104
118
26
82
146
202
251
310
385
358
388
368
58
142
221
343
703
676
605
502
344
289
233
290
302
307
486
673
912
1 049
944
654
462
379
324
282
(145)
(59)
(45)
(18)
321
171
93
128
178
201
10
(169)
(227)
(202)
(120)
(43)
(126)
(43)
71
102
152
(268)
(381)
(390)
(288)
38
270
457
662
1 075
1 529
1 829
2 044
1 920
1 432
962
357
157
124
85
342
303
349
500
Net Income (Common)
133
N/A
94
-29%
104
+11%
118
+14%
26
-78%
82
+222%
146
+77%
202
+39%
251
+24%
310
+24%
385
+24%
358
-7%
388
+8%
368
-5%
58
-84%
142
+143%
221
+56%
343
+55%
703
+105%
676
-4%
605
-11%
502
-17%
344
-31%
289
-16%
233
-20%
290
+25%
302
+4%
307
+2%
486
+58%
673
+38%
912
+36%
1 049
+15%
944
-10%
654
-31%
462
-29%
379
-18%
324
-15%
282
-13%
(145)
N/A
(59)
+59%
(45)
+24%
(18)
+61%
321
N/A
171
-47%
93
-46%
128
+38%
178
+39%
201
+13%
10
-95%
(169)
N/A
(227)
-35%
(202)
+11%
(120)
+40%
(43)
+64%
(126)
-194%
(43)
+66%
71
N/A
102
+42%
152
+49%
(268)
N/A
(381)
-42%
(390)
-2%
(288)
+26%
38
N/A
270
+611%
457
+69%
662
+45%
1 075
+62%
1 529
+42%
1 829
+20%
2 044
+12%
1 920
-6%
1 432
-25%
962
-33%
357
-63%
157
-56%
124
-21%
85
-32%
342
+303%
303
-12%
349
+15%
500
+43%
EPS (Diluted)
3.81
N/A
0.54
-86%
0.6
+11%
3.42
+470%
0.15
-96%
0.48
+220%
0.85
+77%
1.17
+38%
1.27
+9%
1.57
+24%
1.95
+24%
1.82
-7%
1.98
+9%
1.91
-4%
0.29
-85%
0.73
+152%
1.15
+58%
1.75
+52%
3.58
+105%
3.45
-4%
3.08
-11%
2.56
-17%
1.76
-31%
1.47
-16%
1.19
-19%
1.48
+24%
1.53
+3%
1.46
-5%
2.35
+61%
3.23
+37%
4.36
+35%
5.05
+16%
4.49
-11%
3.15
-30%
2.2
-30%
1.81
-18%
1.55
-14%
1.34
-14%
-0.67
N/A
-0.28
+58%
-0.21
+25%
-0.08
+62%
1.5
N/A
0.78
-48%
0.41
-47%
0.57
+39%
0.84
+47%
0.92
+10%
0.05
-95%
-0.76
N/A
-1.21
-59%
-0.91
+25%
-0.57
+37%
-0.24
+58%
-0.56
-133%
-0.19
+66%
0.33
N/A
0.43
+30%
0.62
+44%
-1.12
N/A
-1.47
-31%
-1.61
-10%
-1.11
+31%
0.15
N/A
1.02
+580%
1.74
+71%
2.33
+34%
3.53
+52%
5.35
+52%
6.18
+16%
6.91
+12%
6.5
-6%
4.87
-25%
3.26
-33%
1.21
-63%
0.53
-56%
0.42
-21%
0.27
-36%
1.14
+322%
1.03
-10%
1.19
+16%
1.7
+43%