| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 123.7 | 261.1 | 331.8 | 355.2 | 380.1 | 423.1 | +11.3% | |
| Cost of revenue | 75.9 | 198.4 | 208.8 | 261.1 | 272.5 | 305.8 | +12.2% | |
| Gross profit | 47.8 | 62.6 | 123.0 | 94.1 | 107.5 | 117.3 | +9.1% | |
| Research & development | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | −100.0% | |
| Selling, general & administrative | 12.0 | 1.7 | 2.3 | 2.5 | 2.3 | 52.3 | +2156.6% | |
| Selling & marketing | 0.1 | 0.6 | 1.0 | 0.8 | 0.7 | 0.0 | −100.0% | |
| Operating expenses | 23.7 | 1.7 | 2.3 | 2.5 | 52.5 | 52.3 | −0.4% | |
| Operating income | 24.1 | 47.2 | 54.0 | 56.5 | 55.0 | 65.0 | +18.1% | |
| Interest expense | 0.7 | 1.2 | 1.5 | 2.2 | 2.8 | 2.8 | −0.9% | |
| Interest income | 0.2 | 0.9 | 1.7 | 3.0 | 0.0 | 0.0 | — | |
| Other income / expense | 1.8 | 6.2 | 3.9 | 4.0 | 7.1 | 2.9 | −59.2% | |
| Pre-tax income | 25.9 | 52.9 | 57.9 | 60.5 | 62.1 | 67.9 | +9.3% | |
| Income tax | 6.5 | 13.4 | 13.8 | 14.6 | 16.1 | 18.1 | +12.2% | |
| Net income | 19.4 | 39.5 | 44.1 | 45.8 | 46.0 | 50.2 | +9.1% | |
| 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) | 110.98 | 133.67 | 149.07 | 154.85 | 155.29 | 169.33 | +9.0% | |
| EPS, diluted (per share) | 110.26 | 133.35 | 148.83 | 154.48 | 155.00 | 169.13 | +9.1% | |
| EBITDA | 29.9 | 60.1 | 66.6 | 70.9 | 74.8 | 81.2 | +8.5% | |
| Depreciation & amortization | 3.3 | 6.0 | 7.2 | 8.2 | 9.9 | 10.5 | +6.3% | |
| Weighted average shares (shares) | 174,460,000 | 295,362,000 | 295,722,000 | 295,906,000 | 296,136,000 | 296,350,000 | +0.1% | |
| Weighted average diluted shares (shares) | 175,596,000 | 296,078,000 | 296,193,000 | 296,606,000 | 296,690,000 | 296,701,000 | +0.0% | |
| Gross margin | 38.6% | 24.0% | 37.1% | 26.5% | 28.3% | 27.7% | −0.6 pts | |
| Operating margin | 19.4% | 18.1% | 16.3% | 15.9% | 14.5% | 15.4% | +0.9 pts | |
| Net margin | 15.7% | 15.1% | 13.3% | 12.9% | 12.1% | 11.9% | −0.2 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
