Audited Results of Studds Accessories Ltd. Company

(Rs in Cr.)	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Income	630.18	582.56	529.02	499.17	462.51
Manufacturing Expenses	28.04	26.19	24.22	23.66	19.03
Personnel Expenses	65.25	62.57	70.86	65.35	58.23
Selling Expenses	15.74	11.48	8.42	9.72	8.84
Administrative Expenses	127.61	108.06	85	71.06	64.43
Expenses Capitalised	0	0	0	0	0
Cost Of Sales	506.66	476.87	438.83	439.01	408.28
Operating Profit	123.53	105.69	90.19	60.16	54.23
Other Recurring Income	11.52	12.25	6.82	7.31	5.48
Adjusted PBDIT	135.04	117.94	97.01	67.47	59.70
Financial Expenses	0.74	1.17	1.60	2.82	3.06
Depreciation	21.18	20.67	19.03	18.10	16.63
Other Write offs	0	0	0	0	0
Adjusted PBT	113.12	96.10	76.38	46.55	40.02
Tax Charges	29.37	25.33	19.15	13.29	11.38
Adjusted PAT	83.75	70.78	57.23	33.26	28.64
Non Recurring Items	0.28	0.11	0.08	-0.20	0.15
Other Non Cash adjustments	0	0	0	0	0
Reported Net Profit	83.75	70.78	57.23	33.26	28.64
Equity Dividend	9.84	7.87	7.87	5.90	7.87
Preference Dividend	0	0	0	0	0
Retained Earnings	496.67	432.31	369.29	319.85	292.69

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