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
Premiums & Annuity Revenue	364,141	355,374	341,866	304,250	290,647	263,763	Upgrade
Total Interest & Dividend Income	84,580	80,336	51,151	44,777	40,586	37,591	Upgrade
Gain (Loss) on Sale of Investments	-300.1	-300.1	41,744	60,004	26,263	24,274	Upgrade
Other Revenue	-	-	151.1	651.6	653.14	293.99	Upgrade
Total Revenue	448,421	435,410	434,912	409,681	358,149	325,922	Upgrade
Revenue Growth (YoY)	1.87%	0.11%	6.16%	14.39%	9.89%	6.87%	Upgrade
Policy Benefits	354,772	342,819	332,138	290,104	288,320	221,568	Upgrade
Policy Acquisition & Underwriting Costs	37,535	36,415	30,331	24,399	23,130	24,839	Upgrade
Selling, General & Administrative	-	-	51,485	42,885	40,982	54,725	Upgrade
Provision for Bad Debts	9,001	7,166	-	-	-	-	Upgrade
Other Operating Expenses	10,441	11,175	6,488	5,102	4,119	4,112	Upgrade
Total Operating Expenses	436,277	423,899	420,442	362,489	356,552	305,243	Upgrade
Operating Income	12,143	11,511	14,470	47,192	1,598	20,679	Upgrade
Interest Expense	-	-	-66.64	-12.53	-43.22	-56.36	Upgrade
Earnings From Equity Investments	651.7	659.8	293.07	-113.34	205.15	174.59	Upgrade
Other Non Operating Income (Expenses)	-780.7	-1,286	-	-34,451	296.65	-	Upgrade
EBT Excluding Unusual Items	12,014	10,885	14,697	12,614	2,056	20,798	Upgrade
Gain (Loss) on Sale of Investments	52.8	-	-217.62	-109.05	-	-	Upgrade
Gain (Loss) on Sale of Assets	-	-	-64.89	-54.18	-74.88	-25.37	Upgrade
Other Unusual Items	-	-	-	-	-	-0.02	Upgrade
Pretax Income	12,067	10,885	14,414	12,451	1,981	20,772	Upgrade
Income Tax Expense	97.2	502.8	3,210	1,952	-3.07	4,320	Upgrade
Earnings From Continuing Ops.	11,970	10,382	11,204	10,500	1,984	16,452	Upgrade
Minority Interest in Earnings	6.6	-15.7	-39.52	-19.58	-38.64	-47.44	Upgrade
Net Income	11,977	10,366	11,165	10,480	1,946	16,405	Upgrade
Net Income to Common	11,977	10,366	11,165	10,480	1,946	16,405	Upgrade
Net Income Growth	9.32%	-7.15%	6.53%	438.62%	-88.14%	13.74%	Upgrade
Shares Outstanding (Basic)	1,647	1,648	1,648	1,648	1,648	1,648	Upgrade
Shares Outstanding (Diluted)	1,647	1,648	1,648	1,648	1,648	1,648	Upgrade
Shares Change (YoY)	-0.09%	0.00%	-	-	-	-	Upgrade
EPS (Basic)	7.27	6.29	6.77	6.36	1.18	9.95	Upgrade
EPS (Diluted)	7.27	6.29	6.77	6.36	1.18	9.95	Upgrade
EPS Growth	9.42%	-7.16%	6.53%	438.62%	-88.14%	13.74%	Upgrade
Free Cash Flow	-	-35,056	-47,414	-59,531	-41,684	6,780	Upgrade
Free Cash Flow Per Share	-	-21.27	-28.77	-36.12	-25.29	4.11	Upgrade
Dividend Per Share	1.800	1.800	2.060	1.930	0.300	-	Upgrade
Dividend Growth	-12.62%	-12.62%	6.74%	543.33%	-	-	Upgrade
Operating Margin	2.71%	2.64%	3.33%	11.52%	0.45%	6.35%	Upgrade
Profit Margin	2.67%	2.38%	2.57%	2.56%	0.54%	5.03%	Upgrade
Free Cash Flow Margin	-	-8.05%	-10.90%	-14.53%	-11.64%	2.08%	Upgrade
EBITDA	-	12,075	15,034	47,976	2,430	21,706	Upgrade
EBITDA Margin	-	2.77%	3.46%	11.71%	0.68%	6.66%	Upgrade
D&A For EBITDA	-	563.9	563.9	784.74	832.88	1,027	Upgrade
EBIT	12,143	11,511	14,470	47,192	1,598	20,679	Upgrade
EBIT Margin	2.71%	2.64%	3.33%	11.52%	0.45%	6.35%	Upgrade
Effective Tax Rate	0.80%	4.62%	22.27%	15.67%	-	20.80%	Upgrade
Revenue as Reported	412,382	412,382	-	-	-	-	Upgrade

Updated Jan 27, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.