| INR billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.7 | 2.2 | 3.2 | 5.3 | 6.0 | 7.3 | +22.8% | |
| Cost of revenue | 1.6 | 2.5 | 3.6 | 5.5 | 5.5 | 6.7 | +21.6% | |
| Gross profit | 0.1 | (0.3) | (0.4) | (0.3) | 0.5 | 0.7 | +35.2% | |
| Research & development | — | — | 0.0 | 0.4 | 0.4 | 1.2 | +169.8% | |
| Operating expenses | 0.4 | 0.5 | 0.6 | 0.4 | 0.5 | 0.5 | +1.5% | |
| Operating income | (0.3) | (0.8) | (1.0) | (0.6) | 0.1 | 0.2 | +304.4% | |
| Interest expense | 0.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | −29.8% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | +127.7% | |
| Pre-tax income | (0.2) | (1.0) | (0.9) | (0.8) | 0.1 | 0.5 | +378.5% | |
| Income tax | 0.0 | (0.0) | (0.1) | (0.1) | (0.0) | (0.0) | +63.2% | |
| Net income | (0.2) | (1.0) | (0.9) | (0.6) | 0.1 | 0.5 | +294.5% | |
| EPS, basic (per share) | (4.77) | (20.62) | (17.53) | (10.55) | 1.81 | 6.94 | +282.8% | |
| EPS, diluted (per share) | (4.77) | (20.62) | (17.53) | (10.55) | 1.79 | 6.87 | +282.8% | |
| EBITDA | (0.1) | (0.5) | (0.6) | (0.1) | 0.7 | 1.0 | +48.8% | |
| Depreciation & amortization | 0.2 | 0.3 | 0.4 | 0.6 | 0.6 | 0.7 | +20.5% | |
| Weighted average shares (shares) | 47,830,000 | 48,900,000 | 50,040,000 | 56,270,000 | 73,250,000 | 75,480,000 | +3.0% | |
| Weighted average diluted shares (shares) | 47,830,000 | 48,900,000 | 50,040,000 | 56,270,000 | 74,030,000 | 76,280,000 | +3.0% | |
| Gross margin | 4.9% | −13.9% | −12.4% | −4.9% | 8.5% | 9.4% | +0.9 pts | |
| Operating margin | −17.4% | −35.5% | −32.2% | −12.4% | 0.9% | 3.1% | +2.2 pts | |
| Net margin | −13.4% | −45.2% | −27.2% | −11.3% | 2.2% | 7.1% | +4.9 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
