Heads UP Ventures 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	Sep '25 Sep 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
Operating Revenue	158.81	14.2	6.28	7.32	9.73	4.42
Revenue	158.81	14.2	6.28	7.32	9.73	4.42
Revenue Growth (YoY)	9944.78%	126.05%	-14.22%	-24.77%	120.41%	-99.71%
Cost of Revenue	117.87	-	15.25	7.49	9.42	3.83
Gross Profit	40.94	14.2	-8.97	-0.17	0.32	0.58
Selling, General & Admin	1.62	3.22	18.83	37.78	36.37	40.92
Other Operating Expenses	5.18	3.22	16.39	61.94	27.68	36.28
Operating Expenses	6.89	6.57	35.77	100.1	64.46	77.71
Operating Income	34.05	7.63	-44.74	-100.27	-64.14	-77.13
Interest Expense	-	-	-	-4.92	-4.8	-2.01
Interest & Investment Income	8.38	8.38	1.62	7.7	15.41	5.55
Currency Exchange Gain (Loss)	-	-	-	-0.09	-0.09	0.46
Other Non Operating Income (Expenses)	12.71	-0.03	-0.02	0.09	0.02	0.44
EBT Excluding Unusual Items	55.14	15.98	-43.14	-97.5	-53.61	-72.69
Gain (Loss) on Sale of Assets	-	-	-0.04	-	-	0.91
Other Unusual Items	-	-	-	-	-	43.89
Pretax Income	55.14	15.98	-43.18	-97.5	-53.61	-27.89
Income Tax Expense	4.58	2.04	-	-0.95	-	-
Net Income	50.55	13.94	-43.18	-96.55	-53.61	-27.89
Net Income to Common	50.55	13.94	-43.18	-96.55	-53.61	-27.89
Shares Outstanding (Basic)	24	22	22	22	22	22
Shares Outstanding (Diluted)	24	22	22	22	22	22
Shares Change (YoY)	22.68%	0.43%	-0.24%	-	-	-
EPS (Basic)	2.07	0.63	-1.96	-4.37	-2.43	-1.26
EPS (Diluted)	2.07	0.63	-1.96	-4.37	-2.43	-1.26
Free Cash Flow	-6.54	0.94	-11.63	-96.18	8.02	121.81
Free Cash Flow Per Share	-0.27	0.04	-0.53	-4.36	0.36	5.52
Gross Margin	25.78%	100.00%	-142.82%	-2.25%	3.25%	13.16%
Operating Margin	21.44%	53.74%	-712.34%	-1369.61%	-659.14%	-1746.89%
Profit Margin	31.83%	98.18%	-687.56%	-1318.85%	-550.87%	-631.69%
Free Cash Flow Margin	-4.12%	6.64%	-185.11%	-1313.77%	82.40%	2758.96%
EBITDA	34.2	7.76	-44.19	-99.88	-63.73	-76.62
EBITDA Margin	21.54%	54.66%	-	-	-	-
D&A For EBITDA	0.16	0.13	0.55	0.39	0.41	0.5
EBIT	34.05	7.63	-44.74	-100.27	-64.14	-77.13
EBIT Margin	21.44%	53.74%	-	-	-	-
Effective Tax Rate	8.31%	12.79%	-	-	-	-
Revenue as Reported	179.93	22.58	7.9	15.11	25.16	55.68
Advertising Expenses	-	0.23	0.63	2.16	0.81	0.47

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