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Record

Equity pickup to net profit ratio cases, year to March 2026, year to March 2026 (Apr 2025–Mar 2026)

Year to March 2026 (Apr 2025–Mar 2026)

EstimateOur model or estimate. Treat it as an order of magnitude.

What this is

Where a pass-through or recycle is removed it is removed from numerator and denominator alike. Reported row (19.52%) is arithmetic on A inputs.

Where it comes from

Our calculation from other figures in the trainer’s notes:

Show the working
  1. 82,792 ÷ 424,056 = 19.52% reported
  2. other cases in value

Where it’s used

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