| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.2 | 10.5 | 11.5 | 21.2 | 25.7 | 26.0 | +1.4% | |
| Cost of revenue | 3.5 | 5.8 | 6.3 | 12.7 | 7.3 | 8.7 | +19.5% | |
| Gross profit | 3.6 | 4.7 | 5.2 | 8.4 | 18.4 | 17.3 | −5.8% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.6 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.7 | 1.1 | 1.2 | 4.6 | 0.0 | 0.0 | — | |
| Selling & marketing | 0.4 | 0.6 | 0.6 | 1.1 | 0.0 | 0.0 | — | |
| Operating expenses | 3.6 | 4.7 | 3.2 | 5.2 | 0.0 | 9.7 | — | |
| Operating income | 3.2 | 4.2 | 4.2 | 16.0 | 9.2 | 7.6 | −18.2% | |
| Interest expense | 0.5 | 1.0 | 0.8 | 1.4 | 0.0 | 0.0 | — | |
| Interest income | 0.9 | 2.0 | 2.0 | 3.3 | 0.0 | 4.4 | — | |
| Other income / expense | (0.4) | (0.2) | (0.8) | (9.1) | (1.0) | 0.0 | +100.0% | |
| Pre-tax income | 2.8 | 4.0 | 3.4 | 6.8 | 9.2 | 7.6 | −18.2% | |
| Income tax | 0.6 | 1.0 | 0.9 | 1.7 | 2.1 | 1.9 | −9.0% | |
| Net income | 2.2 | 3.1 | 2.5 | 5.1 | 7.1 | 5.6 | −21.2% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 6.97 | 10.09 | 8.22 | 16.73 | 23.09 | 18.08 | −21.7% | |
| EPS, diluted (per share) | 6.91 | 9.94 | 8.16 | 16.40 | 21.90 | 17.07 | −22.1% | |
| EBITDA | 3.7 | 5.5 | 4.6 | 9.0 | 9.8 | 8.2 | −16.1% | |
| Depreciation & amortization | 0.5 | 0.6 | 0.7 | 1.1 | 0.5 | 0.7 | +18.6% | |
| Weighted average shares (shares) | 316,337,518 | 303,285,115 | 304,371,508 | 306,224,539 | 308,507,355 | 310,480,000 | +0.6% | |
| Weighted average diluted shares (shares) | 318,960,136 | 307,861,875 | 306,720,254 | 312,423,162 | 325,307,261 | 328,850,000 | +1.1% | |
| Gross margin | 50.7% | 44.8% | 45.0% | 39.8% | 71.5% | 66.4% | −5.1 pts | |
| Operating margin | 45.4% | 39.8% | 36.2% | 75.4% | 36.0% | 29.1% | −7.0 pts | |
| Net margin | 30.8% | 29.1% | 21.8% | 24.2% | 27.7% | 21.6% | −6.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
