Vardhman Textiles Ltd
NSE:VTL
Income Statement
Earnings Waterfall
Vardhman Textiles Ltd
Revenue
|
95.3B
INR
|
Cost of Revenue
|
-57.3B
INR
|
Gross Profit
|
38.1B
INR
|
Operating Expenses
|
-32.9B
INR
|
Operating Income
|
5.2B
INR
|
Other Expenses
|
744.5m
INR
|
Net Income
|
5.9B
INR
|
Income Statement
Vardhman Textiles Ltd
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||
Revenue |
34 284
N/A
|
51 255
+50%
|
67 860
+32%
|
65 672
-3%
|
62 651
-5%
|
60 787
-3%
|
58 953
-3%
|
59 075
+0%
|
59 541
+1%
|
59 104
-1%
|
60 300
+2%
|
61 253
+2%
|
61 542
+0%
|
63 352
+3%
|
62 483
-1%
|
63 807
+2%
|
65 427
+3%
|
66 241
+1%
|
68 779
+4%
|
68 283
-1%
|
68 069
0%
|
69 027
+1%
|
67 350
-2%
|
59 022
-12%
|
58 637
-1%
|
57 886
-1%
|
61 399
+6%
|
72 494
+18%
|
80 093
+10%
|
88 624
+11%
|
96 223
+9%
|
105 072
+9%
|
105 917
+1%
|
103 590
-2%
|
101 375
-2%
|
96 440
-5%
|
95 719
-1%
|
95 309
0%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(21 287)
|
(32 011)
|
(47 331)
|
(40 502)
|
(38 093)
|
(36 221)
|
(38 224)
|
(34 438)
|
(34 465)
|
(33 772)
|
(35 265)
|
(36 855)
|
(38 338)
|
(41 125)
|
(44 550)
|
(40 965)
|
(40 944)
|
(40 769)
|
(47 279)
|
(42 855)
|
(43 306)
|
(44 628)
|
(47 688)
|
(38 119)
|
(38 965)
|
(37 654)
|
(42 891)
|
(43 491)
|
(42 649)
|
(44 260)
|
(60 111)
|
(51 996)
|
(55 454)
|
(57 989)
|
(74 365)
|
(58 389)
|
(58 867)
|
(57 250)
|
|
Gross Profit |
12 997
N/A
|
19 244
+48%
|
20 529
+7%
|
25 170
+23%
|
24 558
-2%
|
24 566
+0%
|
20 729
-16%
|
24 637
+19%
|
25 076
+2%
|
25 333
+1%
|
25 035
-1%
|
24 400
-3%
|
23 206
-5%
|
22 227
-4%
|
17 933
-19%
|
22 841
+27%
|
24 482
+7%
|
25 472
+4%
|
21 500
-16%
|
25 427
+18%
|
24 761
-3%
|
24 397
-1%
|
19 662
-19%
|
20 901
+6%
|
19 672
-6%
|
20 232
+3%
|
18 508
-9%
|
29 004
+57%
|
37 444
+29%
|
44 364
+18%
|
36 113
-19%
|
53 076
+47%
|
50 463
-5%
|
45 600
-10%
|
27 010
-41%
|
38 050
+41%
|
36 850
-3%
|
38 059
+3%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(9 912)
|
(14 952)
|
(14 673)
|
(19 027)
|
(17 954)
|
(17 124)
|
(12 685)
|
(16 355)
|
(16 327)
|
(16 395)
|
(16 432)
|
(16 525)
|
(16 194)
|
(15 800)
|
(11 186)
|
(15 518)
|
(15 876)
|
(16 074)
|
(11 889)
|
(16 588)
|
(16 940)
|
(17 764)
|
(13 531)
|
(17 513)
|
(17 423)
|
(17 385)
|
(13 919)
|
(19 722)
|
(22 847)
|
(26 347)
|
(16 931)
|
(33 563)
|
(34 206)
|
(33 816)
|
(17 246)
|
(31 972)
|
(32 348)
|
(32 906)
|
|
Selling, General & Administrative |
(2 211)
|
(3 368)
|
(7 718)
|
(4 403)
|
(4 334)
|
(4 479)
|
(7 742)
|
(4 462)
|
(4 564)
|
(4 494)
|
(4 789)
|
(4 883)
|
(5 060)
|
(5 094)
|
(7 550)
|
(5 179)
|
(5 183)
|
(5 302)
|
(8 054)
|
(5 643)
|
(5 795)
|
(5 965)
|
(8 830)
|
(5 788)
|
(5 633)
|
(5 599)
|
(9 194)
|
(6 283)
|
(6 745)
|
(7 123)
|
(12 029)
|
(7 522)
|
(7 625)
|
(7 619)
|
(11 956)
|
(7 729)
|
(7 853)
|
(8 261)
|
|
Depreciation & Amortization |
(2 603)
|
(3 915)
|
(5 322)
|
(4 925)
|
(4 541)
|
(4 139)
|
(3 742)
|
(3 679)
|
(3 594)
|
(3 539)
|
(3 434)
|
(3 200)
|
(2 929)
|
(2 680)
|
(2 400)
|
(2 422)
|
(2 472)
|
(2 496)
|
(2 540)
|
(2 681)
|
(2 887)
|
(3 122)
|
(3 332)
|
(3 463)
|
(3 551)
|
(3 602)
|
(3 638)
|
(3 662)
|
(3 665)
|
(3 673)
|
(3 675)
|
(3 694)
|
(3 765)
|
(3 827)
|
(3 944)
|
(4 060)
|
(4 109)
|
(4 117)
|
|
Other Operating Expenses |
(5 097)
|
(7 669)
|
(1 633)
|
(9 700)
|
(9 081)
|
(8 507)
|
(1 200)
|
(8 214)
|
(8 168)
|
(8 361)
|
(8 209)
|
(8 440)
|
(8 205)
|
(8 026)
|
(1 236)
|
(7 918)
|
(8 221)
|
(8 276)
|
(1 294)
|
(8 263)
|
(8 258)
|
(8 677)
|
(1 368)
|
(8 264)
|
(8 241)
|
(8 185)
|
(1 087)
|
(9 777)
|
(12 437)
|
(15 553)
|
(1 227)
|
(22 349)
|
(22 818)
|
(22 370)
|
(1 346)
|
(20 183)
|
(20 385)
|
(20 528)
|
|
Operating Income |
3 085
N/A
|
4 292
+39%
|
5 856
+36%
|
6 143
+5%
|
6 605
+8%
|
7 443
+13%
|
8 044
+8%
|
8 283
+3%
|
8 750
+6%
|
8 938
+2%
|
8 603
-4%
|
7 875
-8%
|
7 011
-11%
|
6 428
-8%
|
6 746
+5%
|
7 324
+9%
|
8 607
+18%
|
9 399
+9%
|
9 611
+2%
|
8 841
-8%
|
7 824
-12%
|
6 635
-15%
|
6 131
-8%
|
3 389
-45%
|
2 249
-34%
|
2 847
+27%
|
4 588
+61%
|
9 282
+102%
|
14 597
+57%
|
18 016
+23%
|
19 181
+6%
|
19 513
+2%
|
16 257
-17%
|
11 786
-28%
|
9 764
-17%
|
6 079
-38%
|
4 504
-26%
|
5 153
+14%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(724)
|
(997)
|
188
|
(1 040)
|
(839)
|
(611)
|
488
|
(465)
|
(514)
|
(714)
|
(785)
|
(957)
|
(1 073)
|
(1 110)
|
680
|
(1 198)
|
(1 214)
|
(1 199)
|
635
|
(1 188)
|
(1 215)
|
(1 207)
|
36
|
(1 269)
|
(1 182)
|
(1 060)
|
197
|
(707)
|
(614)
|
(599)
|
1 255
|
(581)
|
(587)
|
(568)
|
390
|
(705)
|
(694)
|
(673)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(44)
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(58)
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
46
|
0
|
0
|
0
|
75
|
0
|
0
|
0
|
642
|
0
|
0
|
0
|
48
|
0
|
0
|
0
|
175
|
0
|
0
|
0
|
48
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
54
|
0
|
0
|
0
|
42
|
0
|
0
|
0
|
|
Total Other Income |
718
|
1 111
|
132
|
1 566
|
1 417
|
1 274
|
111
|
1 361
|
4 890
|
5 208
|
4 764
|
5 586
|
2 268
|
2 076
|
156
|
1 775
|
1 684
|
1 912
|
172
|
2 282
|
2 161
|
2 261
|
364
|
1 850
|
2 093
|
1 957
|
816
|
2 035
|
2 167
|
2 235
|
277
|
1 995
|
1 624
|
1 653
|
420
|
2 663
|
3 255
|
3 339
|
|
Pre-Tax Income |
3 080
N/A
|
4 408
+43%
|
6 222
+41%
|
6 670
+7%
|
7 184
+8%
|
8 106
+13%
|
8 715
+8%
|
9 179
+5%
|
13 126
+43%
|
13 432
+2%
|
13 179
-2%
|
12 504
-5%
|
8 205
-34%
|
7 393
-10%
|
7 596
+3%
|
7 899
+4%
|
9 075
+15%
|
10 110
+11%
|
10 587
+5%
|
9 934
-6%
|
8 769
-12%
|
7 688
-12%
|
6 555
-15%
|
3 969
-39%
|
3 159
-20%
|
3 743
+18%
|
5 589
+49%
|
10 608
+90%
|
16 148
+52%
|
19 651
+22%
|
20 709
+5%
|
20 927
+1%
|
17 294
-17%
|
12 870
-26%
|
10 599
-18%
|
8 036
-24%
|
7 065
-12%
|
7 819
+11%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||
Tax Provision |
(812)
|
(1 181)
|
(1 765)
|
(1 910)
|
(2 124)
|
(2 420)
|
(2 474)
|
(2 571)
|
(3 340)
|
(3 304)
|
(3 237)
|
(2 874)
|
(1 843)
|
(1 625)
|
(1 672)
|
(2 014)
|
(2 552)
|
(3 009)
|
(3 182)
|
(3 037)
|
(2 632)
|
(1 447)
|
(645)
|
89
|
319
|
(531)
|
(1 364)
|
(2 572)
|
(3 906)
|
(4 843)
|
(5 197)
|
(5 259)
|
(4 379)
|
(3 215)
|
(2 552)
|
(1 948)
|
(1 684)
|
(1 875)
|
|
Income from Continuing Operations |
2 267
|
3 225
|
4 457
|
4 759
|
5 060
|
5 687
|
6 241
|
6 609
|
9 787
|
10 129
|
9 943
|
9 631
|
6 362
|
5 768
|
5 924
|
5 885
|
6 523
|
7 101
|
7 406
|
6 897
|
6 137
|
6 241
|
5 910
|
4 059
|
3 479
|
3 213
|
4 225
|
8 036
|
12 242
|
14 808
|
15 512
|
15 669
|
12 916
|
9 655
|
8 048
|
6 088
|
5 380
|
5 944
|
|
Income to Minority Interest |
(212)
|
(317)
|
(454)
|
(382)
|
(307)
|
(209)
|
(95)
|
(115)
|
(124)
|
(138)
|
(129)
|
(111)
|
(85)
|
(107)
|
(113)
|
(121)
|
(138)
|
(93)
|
(98)
|
(85)
|
(78)
|
(103)
|
(135)
|
(88)
|
(71)
|
(91)
|
(126)
|
(146)
|
(139)
|
(125)
|
(43)
|
(55)
|
(68)
|
(69)
|
(96)
|
(63)
|
(61)
|
(47)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
35
|
100
|
0
|
150
|
161
|
141
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
2 055
N/A
|
2 909
+42%
|
4 002
+38%
|
4 378
+9%
|
4 753
+9%
|
5 477
+15%
|
6 146
+12%
|
6 493
+6%
|
9 663
+49%
|
9 991
+3%
|
9 814
-2%
|
9 519
-3%
|
6 311
-34%
|
5 760
-9%
|
5 812
+1%
|
5 915
+2%
|
6 547
+11%
|
7 150
+9%
|
7 307
+2%
|
6 763
-7%
|
5 965
-12%
|
5 999
+1%
|
5 775
-4%
|
3 972
-31%
|
3 408
-14%
|
3 121
-8%
|
4 099
+31%
|
7 889
+92%
|
12 102
+53%
|
14 683
+21%
|
15 469
+5%
|
15 613
+1%
|
12 847
-18%
|
9 585
-25%
|
7 952
-17%
|
6 025
-24%
|
5 319
-12%
|
5 897
+11%
|
|
EPS (Diluted) |
6.57
N/A
|
9.14
+39%
|
12.8
+40%
|
14.35
+12%
|
15.59
+9%
|
17.95
+15%
|
20.15
+12%
|
21.28
+6%
|
31.68
+49%
|
32.75
+3%
|
32.62
0%
|
34.61
+6%
|
22.7
-34%
|
20.35
-10%
|
20.69
+2%
|
20.75
+0%
|
22.97
+11%
|
25.1
+9%
|
25.64
+2%
|
23.72
-7%
|
20.92
-12%
|
21.04
+1%
|
20.47
-3%
|
14.08
-31%
|
11.99
-15%
|
10.99
-8%
|
14.18
+29%
|
27.77
+96%
|
42.61
+53%
|
51.7
+21%
|
54.46
+5%
|
54.97
+1%
|
45.07
-18%
|
33.75
-25%
|
27.95
-17%
|
21.18
-24%
|
18.7
-12%
|
20.73
+11%
|