TPI India 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
Operating Revenue	322.39	301.78	237.49	213.09	228.13	183.26
Revenue	322.39	301.78	237.49	213.09	228.13	183.26
Revenue Growth (YoY)	10.36%	27.07%	11.45%	-6.59%	24.48%	9.42%
Cost of Revenue	267.98	252.88	209.66	185.11	209.88	176.09
Gross Profit	54.4	48.89	27.82	27.99	18.25	7.17
Selling, General & Admin	20.14	19.86	11.97	11.85	11.38	12.16
Other Operating Expenses	6.82	5.72	11.64	9.04	8.27	8
Operating Expenses	32.75	32.05	26.42	23.84	22.25	24.66
Operating Income	21.66	16.84	1.4	4.14	-4	-17.49
Interest Expense	-12.82	-13.12	-10.74	-7.61	-6.19	-5.58
Interest & Investment Income	0.09	0.09	0.05	0.1	-	0.06
Other Non Operating Income (Expenses)	-0.22	-0.22	-4.73	162.07	0.53	-0.27
EBT Excluding Unusual Items	8.7	3.59	-14.03	158.71	-9.66	-23.29
Other Unusual Items	-0.1	-0.1	18.63	-0.01	-0.01	-
Pretax Income	8.61	3.5	4.6	158.7	-9.67	-23.29
Net Income	8.61	3.5	4.6	158.7	-9.67	-23.29
Net Income to Common	8.61	3.5	4.6	158.7	-9.67	-23.29
Net Income Growth	-	-24.03%	-97.10%	-	-	-
Shares Outstanding (Basic)	46	43	43	43	43	43
Shares Outstanding (Diluted)	46	43	43	43	43	43
EPS (Basic)	0.19	0.08	0.11	3.69	-0.23	-0.54
EPS (Diluted)	0.19	0.08	0.11	3.69	-0.23	-0.54
EPS Growth	-	-25.33%	-97.10%	-	-	-
Free Cash Flow	-	6.77	-25.14	105.69	12.17	5.92
Free Cash Flow Per Share	-	0.16	-0.58	2.46	0.28	0.14
Gross Margin	16.88%	16.20%	11.71%	13.13%	8.00%	3.91%
Operating Margin	6.72%	5.58%	0.59%	1.94%	-1.75%	-9.54%
Profit Margin	2.67%	1.16%	1.94%	74.47%	-4.24%	-12.71%
Free Cash Flow Margin	-	2.24%	-10.59%	49.60%	5.33%	3.23%
EBITDA	30.88	23.31	4.2	6.46	-1.44	-12.99
EBITDA Margin	9.58%	7.73%	1.77%	3.03%	-0.63%	-7.09%
D&A For EBITDA	9.22	6.47	2.8	2.31	2.56	4.5
EBIT	21.66	16.84	1.4	4.14	-4	-17.49
EBIT Margin	6.72%	5.58%	0.59%	1.94%	-1.75%	-9.54%
Revenue as Reported	322.79	302.02	238.64	375.85	229.05	183.87
Advertising Expenses	-	6.05	0.44	0.52	0.43	0.54

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