Jet Solar Limited (BOM:538794)

Jet Solar Income Statement

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

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Revenue	5.45	5.44	3.53	4.58	3.61
Other Revenue	15.44	-	-	-	-
Revenue	20.89	5.44	3.53	4.58	3.61
Revenue Growth (YoY)	283.86%	54.01%	-22.88%	27.06%	140.18%
Cost of Revenue	3.83	4.05	0.76	-1.41	-1
Gross Profit	17.06	1.39	2.77	5.99	4.6
Selling, General & Admin	2.91	3.22	3.34	5.1	4.56
Other Operating Expenses	13.61	4.65	1.04	2.03	0.83
Operating Expenses	16.55	7.93	4.45	7.2	5.48
Operating Income	0.5	-6.54	-1.68	-1.2	-0.87
Interest Expense	-0.01	-0.48	-0.03	-0	-0.4
Interest & Investment Income	-	7.58	2.54	1.8	1.74
Other Non Operating Income (Expenses)	0	0.02	-	-0.01	-0.05
Pretax Income	0.49	0.58	0.83	0.58	0.41
Income Tax Expense	0.14	0.18	0.23	0.02	0
Net Income	0.35	0.4	0.6	0.56	0.41
Net Income to Common	0.35	0.4	0.6	0.56	0.41
Net Income Growth	-12.87%	-32.10%	5.94%	36.49%	-
Shares Outstanding (Basic)	12	10	4	4	4
Shares Outstanding (Diluted)	12	10	4	4	4
Shares Change (YoY)	16.73%	139.79%	-	-	-
EPS (Basic)	0.03	0.04	0.14	0.13	0.10
EPS (Diluted)	0.03	0.04	0.14	0.13	0.10
EPS Growth	-25.36%	-71.68%	5.94%	36.49%	-
Free Cash Flow	-41.69	-24.61	-2.95	-3.29	9.86
Free Cash Flow Per Share	-3.55	-2.45	-0.70	-0.78	2.35
Gross Margin	81.66%	25.55%	78.46%	130.80%	127.70%
Operating Margin	2.41%	-120.18%	-47.47%	-26.27%	-24.26%
Profit Margin	1.69%	7.42%	16.84%	12.26%	11.41%
Free Cash Flow Margin	-199.62%	-452.38%	-83.38%	-71.78%	273.59%
EBITDA	0.54	-6.48	-1.61	-1.13	-0.79
EBITDA Margin	2.56%	-119.06%	-45.57%	-24.67%	-21.77%
D&A For EBITDA	0.03	0.06	0.07	0.07	0.09
EBIT	0.5	-6.54	-1.68	-1.2	-0.87
EBIT Margin	2.41%	-120.18%	-47.47%	-26.27%	-24.26%
Effective Tax Rate	28.74%	30.34%	27.97%	3.94%	0.01%
Revenue as Reported	20.89	13.05	6.09	6.38	5.34
Advertising Expenses	-	0.06	0.03	0.02	0.31

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