PSP Projects Ltd
NSE:PSPPROJECT
Income Statement
Earnings Waterfall
PSP Projects Ltd
Income Statement
PSP Projects Ltd
| 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
|
62
|
0
|
0
|
0
|
94
|
0
|
0
|
0
|
103
|
0
|
0
|
0
|
181
|
0
|
0
|
0
|
252
|
0
|
0
|
0
|
319
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
7 123
N/A
|
10 504
+47%
|
11 199
+7%
|
12 199
+9%
|
13 810
+13%
|
14 993
+9%
|
12 985
-13%
|
12 295
-5%
|
11 965
-3%
|
12 409
+4%
|
14 513
+17%
|
15 987
+10%
|
16 942
+6%
|
17 481
+3%
|
17 788
+2%
|
17 483
-2%
|
17 629
+1%
|
19 378
+10%
|
21 034
+9%
|
23 630
+12%
|
25 676
+9%
|
25 058
-2%
|
26 152
+4%
|
25 815
-1%
|
25 070
-3%
|
25 121
+0%
|
24 068
-4%
|
25 237
+5%
|
27 063
+7%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||
| Cost of Revenue |
(5 751)
|
(8 477)
|
(9 033)
|
(9 847)
|
(11 230)
|
(12 349)
|
(10 818)
|
(10 319)
|
(10 061)
|
(10 397)
|
(12 042)
|
(13 177)
|
(13 803)
|
(13 895)
|
(14 058)
|
(13 837)
|
(14 077)
|
(15 894)
|
(17 285)
|
(19 480)
|
(21 294)
|
(20 763)
|
(21 734)
|
(21 723)
|
(21 326)
|
(21 695)
|
(21 074)
|
(22 040)
|
(23 596)
|
|
| Gross Profit |
1 372
N/A
|
2 027
+48%
|
2 166
+7%
|
2 352
+9%
|
2 581
+10%
|
2 644
+2%
|
2 166
-18%
|
1 976
-9%
|
1 904
-4%
|
2 011
+6%
|
2 471
+23%
|
2 811
+14%
|
3 139
+12%
|
3 586
+14%
|
3 730
+4%
|
3 646
-2%
|
3 552
-3%
|
3 484
-2%
|
3 748
+8%
|
4 151
+11%
|
4 383
+6%
|
4 295
-2%
|
4 418
+3%
|
4 092
-7%
|
3 744
-9%
|
3 426
-8%
|
2 995
-13%
|
3 197
+7%
|
3 467
+8%
|
|
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Expenses |
(551)
|
(783)
|
(838)
|
(888)
|
(951)
|
(1 004)
|
(947)
|
(927)
|
(942)
|
(916)
|
(990)
|
(1 047)
|
(1 093)
|
(1 314)
|
(1 414)
|
(1 503)
|
(1 555)
|
(1 583)
|
(1 696)
|
(1 821)
|
(2 064)
|
(2 331)
|
(2 429)
|
(2 488)
|
(2 480)
|
(2 322)
|
(2 420)
|
(2 517)
|
(2 646)
|
|
| Selling, General & Administrative |
(315)
|
(534)
|
(470)
|
(508)
|
(553)
|
(730)
|
(554)
|
(541)
|
(525)
|
(656)
|
(564)
|
(586)
|
(613)
|
(990)
|
(789)
|
(859)
|
(930)
|
(1 180)
|
(999)
|
(1 069)
|
(1 172)
|
(1 676)
|
(1 295)
|
(1 304)
|
(1 300)
|
(1 592)
|
(1 219)
|
(1 247)
|
(1 324)
|
|
| Depreciation & Amortization |
(169)
|
(243)
|
(253)
|
(258)
|
(265)
|
(267)
|
(270)
|
(270)
|
(265)
|
(256)
|
(249)
|
(257)
|
(286)
|
(321)
|
(354)
|
(374)
|
(379)
|
(400)
|
(431)
|
(484)
|
(573)
|
(649)
|
(698)
|
(733)
|
(733)
|
(727)
|
(728)
|
(745)
|
(794)
|
|
| Other Operating Expenses |
(67)
|
(6)
|
(114)
|
(122)
|
(132)
|
(7)
|
(123)
|
(116)
|
(152)
|
(3)
|
(177)
|
(205)
|
(194)
|
(3)
|
(271)
|
(270)
|
(247)
|
(3)
|
(266)
|
(267)
|
(319)
|
(7)
|
(436)
|
(450)
|
(447)
|
(3)
|
(473)
|
(524)
|
(528)
|
|
| Operating Income |
820
N/A
|
1 244
+52%
|
1 328
+7%
|
1 464
+10%
|
1 630
+11%
|
1 640
+1%
|
1 219
-26%
|
1 048
-14%
|
963
-8%
|
1 096
+14%
|
1 481
+35%
|
1 763
+19%
|
2 045
+16%
|
2 272
+11%
|
2 316
+2%
|
2 143
-7%
|
1 996
-7%
|
1 901
-5%
|
2 052
+8%
|
2 330
+14%
|
2 319
0%
|
1 964
-15%
|
1 990
+1%
|
1 605
-19%
|
1 264
-21%
|
1 105
-13%
|
575
-48%
|
681
+18%
|
822
+21%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||
| Interest Income Expense |
(64)
|
158
|
(109)
|
(123)
|
(141)
|
147
|
(152)
|
(159)
|
(147)
|
59
|
(155)
|
(148)
|
(216)
|
27
|
(286)
|
(319)
|
(322)
|
(11)
|
(355)
|
(409)
|
(460)
|
(83)
|
(549)
|
(530)
|
(480)
|
(164)
|
(422)
|
(436)
|
(443)
|
|
| Non-Reccuring Items |
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(3)
|
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
|
7
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
(35)
|
0
|
0
|
0
|
|
| Total Other Income |
163
|
(26)
|
217
|
226
|
233
|
(56)
|
237
|
215
|
198
|
(42)
|
153
|
153
|
206
|
(82)
|
238
|
257
|
230
|
(67)
|
251
|
248
|
248
|
(189)
|
223
|
209
|
182
|
(107)
|
175
|
171
|
172
|
|
| Pre-Tax Income |
919
N/A
|
1 374
+49%
|
1 435
+4%
|
1 567
+9%
|
1 722
+10%
|
1 731
+1%
|
1 305
-25%
|
1 104
-15%
|
1 013
-8%
|
1 109
+9%
|
1 480
+33%
|
1 768
+20%
|
2 035
+15%
|
2 216
+9%
|
2 267
+2%
|
2 081
-8%
|
1 904
-8%
|
1 831
-4%
|
1 949
+6%
|
2 170
+11%
|
2 108
-3%
|
1 695
-20%
|
1 664
-2%
|
1 283
-23%
|
966
-25%
|
799
-17%
|
328
-59%
|
415
+27%
|
551
+33%
|
|
| Net Income | ||||||||||||||||||||||||||||||
| Tax Provision |
(325)
|
(482)
|
(501)
|
(485)
|
(488)
|
(450)
|
(309)
|
(276)
|
(263)
|
(276)
|
(373)
|
(451)
|
(500)
|
(553)
|
(562)
|
(524)
|
(497)
|
(485)
|
(514)
|
(566)
|
(546)
|
(460)
|
(461)
|
(363)
|
(290)
|
(219)
|
(91)
|
(118)
|
(142)
|
|
| Income from Continuing Operations |
594
|
892
|
934
|
1 082
|
1 234
|
1 280
|
996
|
828
|
751
|
834
|
1 107
|
1 318
|
1 535
|
1 663
|
1 705
|
1 557
|
1 407
|
1 346
|
1 434
|
1 604
|
1 561
|
1 235
|
1 203
|
921
|
676
|
580
|
237
|
296
|
409
|
|
| Income to Minority Interest |
2
|
2
|
3
|
3
|
2
|
2
|
2
|
2
|
6
|
6
|
5
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
2
|
3
|
(5)
|
(18)
|
(18)
|
(24)
|
(13)
|
(0)
|
(4)
|
4
|
3
|
3
|
5
|
(27)
|
(27)
|
(27)
|
(27)
|
(5)
|
(5)
|
(5)
|
(21)
|
(15)
|
(15)
|
(15)
|
(0)
|
|
| Net Income (Common) |
596
N/A
|
894
+50%
|
937
+5%
|
1 089
+16%
|
1 243
+14%
|
1 285
+3%
|
997
-22%
|
813
-19%
|
739
-9%
|
815
+10%
|
1 099
+35%
|
1 322
+20%
|
1 532
+16%
|
1 667
+9%
|
1 708
+2%
|
1 559
-9%
|
1 412
-9%
|
1 319
-7%
|
1 408
+7%
|
1 577
+12%
|
1 534
-3%
|
1 230
-20%
|
1 198
-3%
|
915
-24%
|
655
-28%
|
564
-14%
|
222
-61%
|
281
+27%
|
409
+45%
|
|
| EPS (Diluted) |
16.49
N/A
|
24.84
+51%
|
26.01
+5%
|
29.9
+15%
|
34.52
+15%
|
35.69
+3%
|
27.77
-22%
|
22.26
-20%
|
20.54
-8%
|
22.65
+10%
|
30.54
+35%
|
36.74
+20%
|
42.55
+16%
|
46.29
+9%
|
47.44
+2%
|
43.31
-9%
|
39.21
-9%
|
36.65
-7%
|
39.09
+7%
|
43.81
+12%
|
42.62
-3%
|
34.16
-20%
|
30.39
-11%
|
23.28
-23%
|
16.58
-29%
|
14.32
-14%
|
5.75
-60%
|
7.13
+24%
|
10.38
+46%
|
|