| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.1 | 1.7 | 14.0 | 50.2 | 49.4 | 43.7 | −11.5% | |
| Cost of revenue | 1.8 | 3.3 | 12.3 | 39.7 | 41.9 | 45.2 | +8.1% | |
| Gross profit | 0.3 | 0.0 | 1.8 | 8.4 | 7.5 | (1.5) | −120.4% | |
| Research & development | 0.2 | 0.1 | 0.1 | 0.4 | 0.1 | 0.0 | −100.0% | |
| Selling, general & administrative | 0.1 | 0.1 | 0.3 | 0.4 | 8.2 | 1.7 | −78.7% | |
| Selling & marketing | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | −100.0% | |
| Operating expenses | 0.4 | 1.6 | 0.4 | 1.3 | 10.4 | 1.7 | −83.2% | |
| Operating income | (0.1) | (0.4) | 1.2 | 7.2 | (2.9) | (3.3) | −13.5% | |
| Interest expense | 1.1 | 1.9 | 2.2 | 2.3 | 1.9 | 0.8 | −56.2% | |
| Interest income | 0.0 | 0.1 | 0.1 | 0.2 | 0.0 | 0.0 | — | |
| Other income / expense | (0.7) | (1.5) | (1.8) | (1.1) | 17.6 | 6.9 | −60.6% | |
| Pre-tax income | (0.8) | (1.8) | (0.6) | 6.1 | 14.7 | 3.6 | −75.2% | |
| Income tax | (0.1) | (0.3) | (0.0) | 0.2 | 6.0 | 0.9 | −84.3% | |
| Net income | (0.7) | (1.6) | (0.4) | 3.0 | 7.6 | 2.7 | −63.7% | |
| 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) | (2.81) | (6.46) | (1.36) | 11.23 | 24.10 | 8.65 | −64.1% | |
| EPS, diluted (per share) | (2.81) | (6.46) | (1.36) | 11.23 | 24.10 | 8.65 | −64.1% | |
| EBITDA | 0.7 | 0.7 | 2.4 | 9.5 | 18.0 | (2.0) | −111.3% | |
| Depreciation & amortization | 0.4 | 0.7 | 0.8 | 1.1 | 1.5 | 1.2 | −15.9% | |
| Weighted average shares (shares) | 244,257,000 | 244,310,863 | 263,916,999 | 268,248,356 | 311,332,000 | 316,910,000 | +1.8% | |
| Weighted average diluted shares (shares) | 244,257,000 | 244,310,863 | 263,916,999 | 268,248,356 | 311,332,000 | 316,910,000 | +1.8% | |
| Gross margin | 15.8% | 2.9% | 12.7% | 16.8% | 15.2% | −3.5% | −18.7 pts | |
| Operating margin | −4.4% | −20.6% | 8.3% | 14.3% | −5.8% | −7.5% | −1.7 pts | |
| Net margin | −32.0% | −92.6% | −2.6% | 6.0% | 15.3% | 6.3% | −9.0 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
