Fervent Synergies Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	163.48	324.59	243.09	46.3	6.8
Other Revenue	0.12	0.02	-	-	0.18
Revenue	163.59	324.61	243.09	46.3	6.98
Revenue Growth (YoY)	-49.60%	33.53%	425.06%	563.01%	-68.48%
Cost of Revenue	114.54	261.02	198.97	30.65	-
Gross Profit	49.05	63.59	44.12	15.65	6.98
Selling, General & Admin	4.7	4.43	4.14	3.94	4.23
Other Operating Expenses	5.46	29.29	24.51	6.93	4.36
Operating Expenses	10.63	34.1	172.16	11.27	8.96
Operating Income	38.42	29.49	-128.04	4.38	-1.98
Interest Expense	-0.07	-	-0.42	-	-
Other Non Operating Income (Expenses)	-	-0	-0	-0	-0.01
Pretax Income	38.35	29.49	-128.46	4.38	-1.98
Income Tax Expense	0.15	-0.05	-0.04	2.07	0.4
Net Income	38.2	29.54	-128.42	2.3	-2.38
Net Income to Common	38.2	29.54	-128.42	2.3	-2.38
Net Income Growth	29.33%	-	-	-	-
Shares Outstanding (Basic)	50	44	30	30	30
Shares Outstanding (Diluted)	50	50	30	30	30
Shares Change (YoY)	0.53%	66.67%	-	-	-
EPS (Basic)	0.76	0.68	-4.28	0.08	-0.08
EPS (Diluted)	0.76	0.68	-4.28	0.08	-0.08
EPS Growth	12.57%	-	-	-	-
Free Cash Flow	-44.52	-150.78	-2	-0.75	-21.98
Free Cash Flow Per Share	-0.89	-3.02	-0.07	-0.03	-0.73
Gross Margin	29.98%	19.59%	18.15%	33.80%	100.00%
Operating Margin	23.49%	9.08%	-52.67%	9.46%	-28.30%
Profit Margin	23.35%	9.10%	-52.83%	4.97%	-34.04%
Free Cash Flow Margin	-27.22%	-46.45%	-0.82%	-1.61%	-314.82%
EBITDA	38.89	29.87	-127.64	4.78	-1.6
EBITDA Margin	23.77%	9.20%	-52.51%	10.32%	-22.96%
D&A For EBITDA	0.47	0.38	0.4	0.4	0.37
EBIT	38.42	29.49	-128.04	4.38	-1.98
EBIT Margin	23.49%	9.08%	-52.67%	9.46%	-28.30%
Effective Tax Rate	0.39%	-	-	47.37%	-
Revenue as Reported	163.59	324.61	243.09	46.3	6.98

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