| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.8 | 19.8 | 26.5 | 16.7 | 16.1 | 14.6 | −9.0% | |
| Cost of revenue | 9.8 | 16.4 | 22.8 | 15.0 | 11.8 | 12.1 | +2.4% | |
| Gross profit | 2.0 | 3.3 | 3.7 | 1.6 | 4.2 | 2.5 | −41.3% | |
| Research & development | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Selling, general & administrative | 0.6 | 1.7 | 1.9 | 1.0 | 0.6 | 3.4 | +428.2% | |
| Selling & marketing | 0.5 | 1.5 | 1.7 | 0.7 | 0.0 | 0.0 | −100.0% | |
| Operating expenses | 1.9 | 2.0 | 4.3 | 2.2 | 0.6 | 3.4 | +438.9% | |
| Operating income | 0.1 | 1.4 | (0.6) | (0.5) | 3.6 | (0.9) | −124.9% | |
| Interest expense | 5.9 | 5.2 | 5.2 | 3.3 | 0.2 | 0.1 | −31.8% | |
| Interest income | 0.0 | 0.1 | 0.1 | 0.4 | 0.0 | 0.0 | — | |
| Other income / expense | (5.2) | (6.7) | (4.3) | 37.0 | 2.4 | 1.2 | −50.2% | |
| Pre-tax income | (5.1) | (5.3) | (4.9) | 36.5 | 6.0 | 0.3 | −94.8% | |
| Income tax | (0.4) | (0.7) | 0.3 | 7.0 | 1.1 | 0.0 | −95.9% | |
| Net income | (4.7) | (4.6) | (5.2) | 29.5 | 4.9 | 0.3 | −94.5% | |
| Discontinued operations | (0.0) | 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) | (22.71) | (22.29) | (25.02) | 142.77 | 23.73 | 1.30 | −94.5% | |
| EPS, diluted (per share) | (22.71) | (22.29) | (25.02) | 142.77 | 23.73 | 1.30 | −94.5% | |
| EBITDA | 0.8 | 0.2 | (0.6) | 40.1 | (0.3) | 0.8 | +391.0% | |
| Depreciation & amortization | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | +1.6% | |
| Weighted average shares (shares) | 206,534,900 | 206,534,900 | 206,534,900 | 206,530,083 | 206,566,000 | 207,077,000 | +0.2% | |
| Weighted average diluted shares (shares) | 206,534,900 | 206,534,900 | 206,534,900 | 206,534,900 | 206,557,000 | 207,077,000 | +0.3% | |
| Gross margin | 17.0% | 16.9% | 13.9% | 9.8% | 26.2% | 16.9% | −9.3 pts | |
| Operating margin | 1.1% | 7.1% | −2.4% | −3.2% | 22.3% | −6.1% | −28.4 pts | |
| Net margin | −39.7% | −23.3% | −19.5% | 176.8% | 30.5% | 1.8% | −28.7 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
