Hybrid Financial Services Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Total Interest Expense	0.16	0.17	0.24	0.32	0.47	0.29
Net Interest Income	-0.16	-0.17	-0.24	-0.32	-0.47	-0.29
Brokerage Commission	35.33	38.82	32.34	22.87	32.07	21.93
Other Revenue	14.69	17.3	13.85	10.86	10.89	11.49
Revenue	49.86	55.95	45.95	33.41	42.49	33.12
Revenue Growth (YoY)	-24.97%	21.77%	37.52%	-21.36%	28.28%	10.59%
Salaries & Employee Benefits	16.72	15.98	16.99	13.54	14.07	10.36
Cost of Services Provided	3.17	2.82	2.24	1.99	1.98	1.55
Other Operating Expenses	11.15	11.31	9.12	8.58	10.58	8.07
Total Operating Expenses	32.28	31.17	29.39	25.13	27.9	20.91
Operating Income	17.58	24.79	16.56	8.28	14.59	12.21
Other Non-Operating Income (Expenses)	15.71	15.71	5.65	2.48	3.25	2.23
EBT Excluding Unusual Items	33.29	40.5	22.21	10.76	17.85	14.45
Gain (Loss) on Sale of Investments	-	-	-	-	-0.11	-3.47
Other Unusual Items	-	-1.91	-0.69	-4	-	-6.09
Pretax Income	33.29	38.59	21.52	6.78	18.39	4.89
Income Tax Expense	-0.01	0.22	2.12	1.71	2.06	0.92
Net Income	33.3	38.37	19.4	5.07	16.33	3.97
Net Income to Common	33.3	38.37	19.4	5.07	16.33	3.97
Net Income Growth	-8.70%	97.79%	282.93%	-68.98%	311.51%	-34.34%
Shares Outstanding (Basic)	29	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29	29
Shares Change (YoY)	-0.28%	-	-	-	-	-
EPS (Basic)	1.13	1.30	0.66	0.17	0.55	0.13
EPS (Diluted)	1.13	1.30	0.66	0.17	0.55	0.13
EPS Growth	-8.72%	97.26%	287.66%	-69.09%	323.08%	-36.70%
Free Cash Flow	-	-36.83	13.24	-0.09	0.84	-0.17
Free Cash Flow Per Share	-	-1.25	0.45	-0.00	0.03	-0.01
Operating Margin	35.25%	44.30%	36.05%	24.78%	34.34%	36.87%
Profit Margin	66.80%	68.57%	42.22%	15.16%	38.44%	11.98%
Free Cash Flow Margin	-	-65.83%	28.81%	-0.26%	1.99%	-0.51%
Effective Tax Rate	-	0.56%	9.86%	25.26%	11.19%	18.83%
Revenue as Reported	65.79	71.89	51.87	36.25	46.9	36.18

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.