| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.1 | 5.5 | 7.4 | 8.8 | 9.4 | 10.8 | +15.4% | |
| Cost of revenue | 3.7 | 4.6 | 6.3 | 7.0 | 7.1 | 8.7 | +21.3% | |
| Gross profit | 0.4 | 1.0 | 1.0 | 1.8 | 2.2 | 2.2 | −3.5% | |
| Research & development | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Selling, general & administrative | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.8 | +590.6% | |
| Selling & marketing | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.0 | −100.0% | |
| Operating expenses | 0.1 | 0.5 | 0.4 | 0.2 | 0.2 | 0.8 | +322.6% | |
| Operating income | 0.1 | 0.5 | 0.6 | 1.6 | 2.2 | 1.4 | −37.3% | |
| Interest expense | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.3 | −13.3% | |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other income / expense | (0.1) | (0.1) | (0.1) | (0.9) | (1.2) | (0.0) | +99.2% | |
| Pre-tax income | 0.1 | 0.4 | 0.5 | 0.7 | 1.1 | 1.4 | +29.3% | |
| Income tax | 0.0 | 0.1 | 0.1 | 0.2 | 0.3 | 0.4 | +39.1% | |
| Net income | 0.1 | 0.3 | 0.4 | 0.5 | 0.8 | 1.0 | +25.4% | |
| 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) | 0.49 | 2.40 | 2.89 | 3.62 | 5.37 | 6.56 | +22.2% | |
| EPS, diluted (per share) | 0.49 | 2.29 | 2.79 | 3.53 | 5.31 | 6.56 | +23.5% | |
| EBITDA | 0.4 | 0.7 | 1.0 | 1.2 | 1.5 | 1.9 | +24.0% | |
| Depreciation & amortization | 0.2 | 0.2 | 0.3 | 0.3 | 0.5 | 0.5 | +6.4% | |
| Weighted average shares (shares) | 132,377,000 | 132,377,000 | 133,360,859 | 135,770,081 | 155,604,000 | 157,956,000 | +1.5% | |
| Weighted average diluted shares (shares) | 132,377,000 | 139,017,982 | 138,586,109 | 139,253,581 | 155,604,000 | 157,956,000 | +1.5% | |
| Gross margin | 9.1% | 17.3% | 14.1% | 20.2% | 23.8% | 19.9% | −3.9 pts | |
| Operating margin | 3.5% | 8.2% | 8.8% | 18.3% | 23.8% | 13.0% | −10.9 pts | |
| Net margin | 1.6% | 5.8% | 5.2% | 5.6% | 8.8% | 9.6% | +0.8 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
