| INR millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 410.5 | 316.2 | 1,226.1 | 333.5 | 351.3 | 486.1 | +38.4% | |
| Cost of revenue | 278.6 | 228.6 | 233.3 | 166.6 | 131.0 | 154.5 | +17.9% | |
| Gross profit | 131.9 | 87.6 | 992.8 | 166.9 | 220.3 | 331.6 | +50.5% | |
| Research & development | 2.0 | 0.0 | 2.3 | 2.4 | 3.8 | 0.0 | −100.0% | |
| Selling, general & administrative | 13.4 | 8.9 | 10.3 | 10.9 | 19.6 | 0.0 | −100.0% | |
| Selling & marketing | 2.5 | 0.9 | 1.3 | 1.2 | 1.8 | 0.0 | −100.0% | |
| Operating expenses | 131.9 | 103.7 | 130.6 | 130.2 | 92.2 | 173.2 | +87.9% | |
| Operating income | (0.2) | (16.1) | 862.2 | 36.7 | 123.9 | 158.4 | +27.8% | |
| Interest expense | 50.1 | 60.0 | 63.4 | 75.0 | 89.1 | 111.0 | +24.6% | |
| Interest income | 1.5 | 3.4 | 8.7 | 12.2 | 48.6 | 0.0 | −100.0% | |
| Other income / expense | (48.5) | (55.5) | (53.8) | (86.4) | (91.2) | (83.4) | +8.5% | |
| Pre-tax income | (48.7) | (71.6) | 808.4 | (49.6) | 32.7 | 75.0 | +129.1% | |
| Income tax | 3.4 | 3.1 | 21.6 | (12.0) | (0.4) | 15.8 | +3674.7% | |
| Net income | (52.1) | (74.6) | 786.9 | (37.6) | 33.2 | 58.4 | +76.0% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.8) | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | (2.79) | (3.99) | 42.11 | (2.01) | 1.78 | 3.13 | +75.8% | |
| EPS, diluted (per share) | (2.79) | (3.99) | 42.11 | (2.01) | 1.78 | 3.13 | +75.8% | |
| EBITDA | 11.4 | (1.1) | 897.3 | 46.9 | 146.3 | 217.1 | +48.3% | |
| Depreciation & amortization | 12.2 | 13.3 | 25.4 | 26.0 | 24.5 | 31.0 | +26.9% | |
| Weighted average shares (shares) | 18,683,205 | 18,706,516 | 18,686,298 | 18,704,975 | 18,639,888 | 18,656,550 | +0.1% | |
| Weighted average diluted shares (shares) | 18,683,205 | 18,706,516 | 18,686,298 | 18,704,975 | 18,639,888 | 18,656,550 | +0.1% | |
| Gross margin | 32.1% | 27.7% | 81.0% | 50.1% | 62.7% | 68.2% | +5.5 pts | |
| Operating margin | −0.1% | −5.1% | 70.3% | 11.0% | 35.3% | 32.6% | −2.7 pts | |
| Net margin | −12.7% | −23.6% | 64.2% | −11.3% | 9.4% | 12.0% | +2.6 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
