| INR billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 5.4 | 3.1 | 7.7 | 2.4 | 0.8 | 149.8 | +19228.9% | |
| Cash & short-term investments | 32.1 | 44.1 | 59.6 | 67.9 | 0.8 | 149.8 | +19228.9% | |
| Receivables | 0.0 | 5.5 | 5.0 | 0.0 | 0.0 | 0.0 | — | |
| Inventory | 5.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current assets | 39.1 | 78.1 | 132.5 | 141.2 | 0.8 | 0.0 | −100.0% | |
| Property, plant & equipment | 1.9 | 1.4 | 1.6 | 2.4 | 4.7 | 5.9 | +26.2% | |
| Goodwill & intangibles | 0.2 | 0.3 | 0.3 | 0.5 | 0.9 | 0.8 | −3.5% | |
| Long-term investments | (25.5) | (40.8) | (44.8) | (55.1) | (0.1) | 0.0 | +100.0% | |
| Total assets | 44.4 | 81.8 | 136.5 | 155.7 | 256.2 | 300.5 | +17.3% | |
| Payables | 6.9 | 10.3 | 10.8 | 9.1 | 23.9 | 0.0 | −100.0% | |
| Short-term debt | 15.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Total current liabilities | 29.0 | 60.9 | 110.0 | 9.1 | 47.6 | 0.0 | −100.0% | |
| Long-term debt | 1.5 | 0.0 | 0.0 | 92.9 | 166.8 | 5.1 | −96.9% | |
| Total debt | 16.5 | 36.3 | 78.4 | 94.0 | 168.8 | 5.1 | −97.0% | |
| Net debt | 11.1 | 33.2 | 70.7 | 91.6 | 168.0 | (144.7) | −186.2% | |
| Deferred revenue | 2.8 | 10.5 | 16.5 | (98.0) | 0.0 | 0.0 | — | |
| Total liabilities | 32.3 | 63.6 | 112.2 | 127.2 | 217.0 | 246.3 | +13.5% | |
| Total equity | 12.1 | 18.2 | 24.3 | 28.5 | 39.2 | 54.2 | +38.2% | |
| Retained earnings | 9.1 | 15.1 | 20.9 | 24.8 | 35.6 | 0.0 | −100.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
