Accolade 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	2017 - 2021
Period Ending	Jun '25 Jun 30, 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	2017 - 2021
Revenue	133,822	120,507	91,790	80,146	64,320	46,628	Upgrade
Revenue Growth (YoY)	42.99%	31.29%	14.53%	24.61%	37.94%	11.45%	Upgrade
Cost of Revenue	80,633	72,342	55,921	49,508	40,921	35,598	Upgrade
Gross Profit	53,189	48,165	35,869	30,638	23,399	11,030	Upgrade
Selling, General & Admin	-	-	760	490	452	308	Upgrade
Other Operating Expenses	33,572	31,228	20,687	17,207	11,758	2,933	Upgrade
Operating Expenses	38,723	35,504	24,633	20,282	14,482	5,077	Upgrade
Operating Income	14,466	12,661	11,236	10,356	8,917	5,953	Upgrade
Interest Expense	-1,485	-1,347	-926	-598	-479	-15	Upgrade
Interest & Investment Income	-	-	259	157	112	191	Upgrade
Currency Exchange Gain (Loss)	-	-	59	259	161	-106	Upgrade
Other Non Operating Income (Expenses)	1,649	1,647	-295	-131	-105	-53	Upgrade
EBT Excluding Unusual Items	14,630	12,961	10,333	10,043	8,606	5,970	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	5	3	8	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-13	6	-16	Upgrade
Other Unusual Items	-248	-	116	-523	-	-	Upgrade
Pretax Income	14,382	12,961	10,449	9,512	8,615	5,962	Upgrade
Income Tax Expense	3,400	3,326	2,093	2,061	1,468	1,302	Upgrade
Earnings From Continuing Operations	10,982	9,635	8,356	7,451	7,147	4,660	Upgrade
Earnings From Discontinued Operations	610	-274	-	-	-	-	Upgrade
Net Income to Company	11,592	9,361	8,356	7,451	7,147	4,660	Upgrade
Minority Interest in Earnings	-1,629	-1,240	-276	-513	-530	-104	Upgrade
Net Income	9,963	8,121	8,080	6,938	6,617	4,556	Upgrade
Net Income to Common	9,963	8,121	8,080	6,938	6,617	4,556	Upgrade
Net Income Growth	28.41%	0.51%	16.46%	4.85%	45.24%	2.61%	Upgrade
Shares Outstanding (Basic)	334	330	307	305	303	305	Upgrade
Shares Outstanding (Diluted)	337	333	312	311	311	311	Upgrade
Shares Change (YoY)	7.41%	6.73%	0.23%	0.14%	-0.07%	-0.64%	Upgrade
EPS (Basic)	29.79	24.60	26.31	22.75	21.80	14.94	Upgrade
EPS (Diluted)	29.54	24.41	25.92	22.31	21.30	14.66	Upgrade
EPS Growth	19.55%	-5.83%	16.19%	4.70%	45.34%	3.27%	Upgrade
Free Cash Flow	-	6,227	6,379	7,923	6,115	6,841	Upgrade
Free Cash Flow Per Share	-	18.71	20.46	25.47	19.69	22.01	Upgrade
Dividend Per Share	15.400	15.200	15.200	12.800	10.400	2.600	Upgrade
Dividend Growth	1.32%	-	18.75%	23.08%	300.00%	-58.06%	Upgrade
Gross Margin	39.75%	39.97%	39.08%	38.23%	36.38%	23.66%	Upgrade
Operating Margin	10.81%	10.51%	12.24%	12.92%	13.86%	12.77%	Upgrade
Profit Margin	7.45%	6.74%	8.80%	8.66%	10.29%	9.77%	Upgrade
Free Cash Flow Margin	-	5.17%	6.95%	9.89%	9.51%	14.67%	Upgrade
EBITDA	19,898	17,344	12,923	11,913	10,405	7,034	Upgrade
EBITDA Margin	14.87%	14.39%	14.08%	14.86%	16.18%	15.09%	Upgrade
D&A For EBITDA	5,432	4,683	1,687	1,557	1,488	1,081	Upgrade
EBIT	14,466	12,661	11,236	10,356	8,917	5,953	Upgrade
EBIT Margin	10.81%	10.51%	12.24%	12.92%	13.86%	12.77%	Upgrade
Effective Tax Rate	23.64%	25.66%	20.03%	21.67%	17.04%	21.84%	Upgrade
Revenue as Reported	135,411	122,154	92,404	80,765	64,838	46,954	Upgrade
Advertising Expenses	-	-	547	257	191	-	Upgrade

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