North Eastern Carrying Corporation Ltd
NSE:NECCLTD
Income Statement
Earnings Waterfall
North Eastern Carrying Corporation Ltd
Income Statement
North Eastern Carrying Corporation Ltd
| 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 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
68
|
0
|
0
|
0
|
69
|
0
|
0
|
0
|
60
|
0
|
0
|
0
|
76
|
0
|
0
|
0
|
89
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
5 718
N/A
|
5 573
-3%
|
5 381
-3%
|
5 332
-1%
|
5 307
0%
|
5 188
-2%
|
5 288
+2%
|
5 324
+1%
|
5 384
+1%
|
5 446
+1%
|
5 407
-1%
|
5 512
+2%
|
5 480
-1%
|
5 516
+1%
|
5 034
-9%
|
4 384
-13%
|
3 849
-12%
|
3 277
-15%
|
3 283
+0%
|
3 403
+4%
|
3 429
+1%
|
3 565
+4%
|
3 764
+6%
|
3 750
0%
|
3 763
+0%
|
3 127
-17%
|
2 756
-12%
|
2 478
-10%
|
2 306
-7%
|
2 678
+16%
|
2 632
-2%
|
2 557
-3%
|
2 504
-2%
|
2 621
+5%
|
2 857
+9%
|
3 028
+6%
|
3 060
+1%
|
3 077
+1%
|
3 032
-1%
|
3 167
+4%
|
3 352
+6%
|
3 289
-2%
|
3 370
+2%
|
3 325
-1%
|
3 289
-1%
|
3 202
-3%
|
3 090
-3%
|
2 999
-3%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(5 297)
|
(5 140)
|
(4 919)
|
(4 884)
|
(4 887)
|
(4 773)
|
(4 867)
|
(4 931)
|
(4 934)
|
(4 975)
|
(4 955)
|
(5 038)
|
(5 016)
|
(5 051)
|
(4 595)
|
(3 961)
|
(3 402)
|
(2 854)
|
(2 841)
|
(2 949)
|
(2 985)
|
(3 108)
|
(3 302)
|
(3 256)
|
(3 253)
|
(2 686)
|
(2 322)
|
(2 086)
|
(1 939)
|
(2 271)
|
(2 204)
|
(2 114)
|
(2 063)
|
(2 150)
|
(2 375)
|
(2 528)
|
(2 549)
|
(2 548)
|
(2 495)
|
(2 613)
|
(2 788)
|
(2 684)
|
(2 745)
|
(2 702)
|
(2 695)
|
(2 656)
|
(2 599)
|
(2 508)
|
|
| Gross Profit |
420
N/A
|
433
+3%
|
462
+7%
|
449
-3%
|
419
-7%
|
415
-1%
|
421
+1%
|
392
-7%
|
450
+15%
|
472
+5%
|
452
-4%
|
474
+5%
|
464
-2%
|
465
+0%
|
439
-5%
|
423
-4%
|
447
+6%
|
423
-5%
|
442
+5%
|
454
+3%
|
444
-2%
|
458
+3%
|
463
+1%
|
494
+7%
|
510
+3%
|
441
-14%
|
434
-2%
|
392
-10%
|
367
-6%
|
407
+11%
|
429
+5%
|
443
+3%
|
441
0%
|
472
+7%
|
482
+2%
|
500
+4%
|
511
+2%
|
530
+4%
|
537
+1%
|
554
+3%
|
564
+2%
|
605
+7%
|
625
+3%
|
623
0%
|
594
-5%
|
545
-8%
|
491
-10%
|
491
0%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(255)
|
(260)
|
(275)
|
(279)
|
(264)
|
(269)
|
(268)
|
(229)
|
(281)
|
(303)
|
(284)
|
(306)
|
(300)
|
(293)
|
(295)
|
(298)
|
(325)
|
(331)
|
(347)
|
(360)
|
(337)
|
(346)
|
(323)
|
(356)
|
(365)
|
(338)
|
(358)
|
(307)
|
(308)
|
(314)
|
(319)
|
(326)
|
(328)
|
(346)
|
(348)
|
(351)
|
(342)
|
(354)
|
(362)
|
(368)
|
(387)
|
(400)
|
(401)
|
(407)
|
(399)
|
(373)
|
(357)
|
(347)
|
|
| Selling, General & Administrative |
(91)
|
(93)
|
(94)
|
(109)
|
(102)
|
(110)
|
(120)
|
(106)
|
(114)
|
(117)
|
(116)
|
(122)
|
(131)
|
(135)
|
(128)
|
(142)
|
(138)
|
(138)
|
(146)
|
(144)
|
(145)
|
(152)
|
(150)
|
(148)
|
(154)
|
(143)
|
(147)
|
(146)
|
(131)
|
(135)
|
(134)
|
(129)
|
(131)
|
(136)
|
(136)
|
(145)
|
(147)
|
(149)
|
(160)
|
(160)
|
(356)
|
(184)
|
(185)
|
(193)
|
(373)
|
(183)
|
(174)
|
(167)
|
|
| Depreciation & Amortization |
(37)
|
(38)
|
(38)
|
(41)
|
(33)
|
(32)
|
(30)
|
(23)
|
(31)
|
(28)
|
(26)
|
(28)
|
(27)
|
(28)
|
(29)
|
(26)
|
(31)
|
(34)
|
(33)
|
(32)
|
(34)
|
(33)
|
(29)
|
(32)
|
(31)
|
(31)
|
(36)
|
(32)
|
(31)
|
(29)
|
(32)
|
(33)
|
(37)
|
(38)
|
(36)
|
(39)
|
(28)
|
(29)
|
(30)
|
(32)
|
(31)
|
(31)
|
(30)
|
(27)
|
(26)
|
(24)
|
(25)
|
(28)
|
|
| Other Operating Expenses |
(127)
|
(130)
|
(143)
|
(129)
|
(129)
|
(127)
|
(118)
|
(100)
|
(137)
|
(157)
|
(142)
|
(157)
|
(142)
|
(131)
|
(139)
|
(131)
|
(155)
|
(160)
|
(168)
|
(184)
|
(158)
|
(161)
|
(145)
|
(176)
|
(181)
|
(164)
|
(175)
|
(130)
|
(146)
|
(149)
|
(154)
|
(165)
|
(161)
|
(172)
|
(176)
|
(168)
|
(166)
|
(175)
|
(172)
|
(176)
|
0
|
(185)
|
(187)
|
(188)
|
(0)
|
(166)
|
(157)
|
(152)
|
|
| Operating Income |
166
N/A
|
172
+4%
|
187
+9%
|
170
-9%
|
155
-9%
|
146
-6%
|
152
+4%
|
163
+7%
|
169
+3%
|
169
+0%
|
168
-1%
|
167
0%
|
164
-2%
|
171
+5%
|
144
-16%
|
125
-13%
|
122
-2%
|
92
-25%
|
96
+4%
|
94
-2%
|
107
+15%
|
112
+4%
|
140
+25%
|
138
-1%
|
145
+5%
|
104
-28%
|
76
-26%
|
85
+12%
|
59
-31%
|
93
+57%
|
109
+18%
|
117
+7%
|
113
-3%
|
126
+11%
|
134
+6%
|
148
+11%
|
169
+14%
|
176
+4%
|
175
-1%
|
186
+6%
|
177
-5%
|
205
+16%
|
224
+9%
|
216
-4%
|
196
-9%
|
172
-12%
|
134
-22%
|
145
+8%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(77)
|
(80)
|
(79)
|
(80)
|
(83)
|
(82)
|
(79)
|
(81)
|
(7)
|
(95)
|
(92)
|
(91)
|
(6)
|
(86)
|
(78)
|
(63)
|
(5)
|
(50)
|
(60)
|
(57)
|
(5)
|
(58)
|
(59)
|
(67)
|
(69)
|
(77)
|
(74)
|
(74)
|
(69)
|
(60)
|
(63)
|
(63)
|
(60)
|
(67)
|
(66)
|
(70)
|
(76)
|
(84)
|
(86)
|
(92)
|
(83)
|
(88)
|
(87)
|
(79)
|
(65)
|
(76)
|
(80)
|
(85)
|
|
| 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
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
10
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
4
|
1
|
1
|
(5)
|
13
|
12
|
8
|
5
|
(73)
|
16
|
14
|
21
|
(69)
|
5
|
8
|
5
|
(61)
|
13
|
24
|
26
|
(36)
|
20
|
5
|
22
|
19
|
11
|
19
|
(3)
|
22
|
20
|
13
|
12
|
4
|
4
|
4
|
7
|
(0)
|
7
|
8
|
5
|
(2)
|
17
|
16
|
16
|
(0)
|
5
|
33
|
47
|
|
| Pre-Tax Income |
92
N/A
|
94
+2%
|
110
+18%
|
85
-23%
|
85
+1%
|
76
-11%
|
81
+6%
|
87
+8%
|
90
+3%
|
90
+0%
|
91
+1%
|
98
+8%
|
90
-8%
|
90
+0%
|
73
-19%
|
67
-8%
|
60
-11%
|
55
-9%
|
60
+10%
|
62
+3%
|
70
+14%
|
73
+4%
|
85
+16%
|
94
+10%
|
88
-7%
|
38
-57%
|
21
-43%
|
9
-60%
|
12
+37%
|
54
+355%
|
59
+9%
|
66
+12%
|
57
-14%
|
62
+10%
|
71
+14%
|
85
+20%
|
94
+10%
|
99
+5%
|
98
-1%
|
99
+1%
|
102
+3%
|
134
+32%
|
154
+14%
|
152
-1%
|
130
-14%
|
102
-22%
|
88
-13%
|
106
+21%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(29)
|
(30)
|
(35)
|
(26)
|
(30)
|
(27)
|
(28)
|
(31)
|
(33)
|
(34)
|
(34)
|
(37)
|
(34)
|
(34)
|
(29)
|
(27)
|
(21)
|
(19)
|
(21)
|
(22)
|
(25)
|
(26)
|
(30)
|
(33)
|
(24)
|
(18)
|
(9)
|
(2)
|
3
|
0
|
(2)
|
(6)
|
(14)
|
(17)
|
(22)
|
(26)
|
(36)
|
(36)
|
(39)
|
(36)
|
(21)
|
(32)
|
(34)
|
(38)
|
(28)
|
(18)
|
(15)
|
(18)
|
|
| Income from Continuing Operations |
63
|
64
|
75
|
59
|
55
|
49
|
53
|
56
|
56
|
56
|
56
|
61
|
56
|
56
|
44
|
40
|
39
|
35
|
39
|
40
|
45
|
47
|
55
|
61
|
64
|
20
|
12
|
7
|
14
|
54
|
57
|
60
|
43
|
45
|
49
|
59
|
58
|
63
|
59
|
63
|
80
|
102
|
119
|
114
|
103
|
84
|
73
|
88
|
|
| Net Income (Common) |
63
N/A
|
64
+2%
|
75
+18%
|
59
-21%
|
55
-7%
|
49
-11%
|
53
+6%
|
56
+6%
|
56
+2%
|
56
-1%
|
56
+1%
|
61
+8%
|
56
-8%
|
56
+1%
|
44
-21%
|
40
-9%
|
39
-4%
|
35
-9%
|
39
+10%
|
40
+3%
|
45
+13%
|
47
+5%
|
55
+16%
|
61
+10%
|
64
+5%
|
20
-69%
|
12
-39%
|
7
-46%
|
14
+117%
|
54
+276%
|
57
+5%
|
60
+5%
|
43
-29%
|
45
+6%
|
49
+9%
|
59
+20%
|
58
-2%
|
63
+9%
|
59
-6%
|
63
+7%
|
80
+28%
|
102
+27%
|
119
+17%
|
114
-5%
|
103
-10%
|
84
-18%
|
73
-13%
|
88
+21%
|
|
| EPS (Diluted) |
1.25
N/A
|
1.27
+2%
|
1.5
+18%
|
1.19
-21%
|
1.1
-8%
|
0.99
-10%
|
1.05
+6%
|
1.11
+6%
|
1.1
-1%
|
1.12
+2%
|
1.12
N/A
|
1.2
+7%
|
1.12
-7%
|
1.19
+6%
|
0.87
-27%
|
0.82
-6%
|
0.77
-6%
|
0.7
-9%
|
0.77
+10%
|
0.79
+3%
|
0.9
+14%
|
0.93
+3%
|
1.09
+17%
|
1.21
+11%
|
1.27
+5%
|
0.4
-69%
|
0.24
-40%
|
0.13
-46%
|
0.28
+115%
|
1.03
+268%
|
1.13
+10%
|
1.2
+6%
|
0.85
-29%
|
0.9
+6%
|
0.98
+9%
|
1.17
+19%
|
1.06
-9%
|
1.17
+10%
|
0.81
-31%
|
0.64
-21%
|
0.84
+31%
|
1.05
+25%
|
1.2
+14%
|
1.16
-3%
|
1.03
-11%
|
0.86
-17%
|
0.76
-12%
|
0.86
+13%
|
|