SPA Capital Services 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
Interest and Dividend Income	4.3	4.2	0.14	0.08	-	-
Total Interest Expense	3.09	4.16	3.82	2.78	4.07	5.09
Net Interest Income	1.21	0.04	-3.68	-2.71	-4.07	-5.09
Other Revenue	390.72	325.21	210.65	165.51	164.27	309.18
Revenue	391.93	325.25	206.97	162.81	160.21	304.09
Revenue Growth (YoY)	52.00%	57.15%	27.13%	1.62%	-47.32%	-4.01%
Salaries & Employee Benefits	30.07	25.21	24.61	24.73	27.9	24.01
Cost of Services Provided	309.38	249.78	166.73	122.22	123.57	279.11
Other Operating Expenses	40.14	38.27	11.7	6.04	3.25	6.06
Total Operating Expenses	382.48	315.12	204.39	154.67	156.76	312.33
Operating Income	9.45	10.13	2.57	8.14	3.44	-8.24
Other Non-Operating Income (Expenses)	-0	-0.01	-0.04	0.77	0	1.91
EBT Excluding Unusual Items	9.45	10.12	2.54	10.57	3.43	-6.8
Gain (Loss) on Sale of Investments	-	-	-	-5.4	-	-
Other Unusual Items	-2.07	-2.07	-0.63	-	-	-
Pretax Income	7.38	8.05	1.91	5.13	3.43	-7.57
Income Tax Expense	3.01	3.1	-1.89	0.73	1.14	-2.16
Net Income	4.37	4.95	3.8	4.39	2.3	-5.4
Net Income to Common	4.37	4.95	3.8	4.39	2.3	-5.4
Net Income Growth	18.26%	30.10%	-13.46%	91.31%	-	-
Shares Outstanding (Basic)	3	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3	3
Shares Change (YoY)	0.36%	0.02%	0.05%	0.34%	-0.43%	-
EPS (Basic)	1.42	1.61	1.24	1.43	0.75	-1.76
EPS (Diluted)	1.42	1.61	1.24	1.43	0.75	-1.76
EPS Growth	17.84%	30.07%	-13.50%	90.67%	-	-
Free Cash Flow	-44.09	-45.36	30.87	22.97	-0.63	49
Free Cash Flow Per Share	-14.32	-14.76	10.05	7.48	-0.21	15.94
Operating Margin	2.41%	3.11%	1.24%	5.00%	2.15%	-2.71%
Profit Margin	1.11%	1.52%	1.84%	2.70%	1.43%	-1.78%
Free Cash Flow Margin	-11.25%	-13.95%	14.92%	14.11%	-0.39%	16.11%
Effective Tax Rate	40.82%	38.54%	-	14.32%	33.15%	-
Revenue as Reported	395.05	329.41	210.81	166.36	164.27	311.08

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