FSN E-Commerce 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	Dec '25 Dec 31, 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
Revenue	94,359	79,498	63,856	51,438	37,739	24,409
Revenue Growth (YoY)	24.88%	24.50%	24.14%	36.30%	54.61%	38.10%
Cost of Revenue	52,144	44,727	36,464	28,657	21,300	14,926
Gross Profit	42,216	34,772	27,392	22,781	16,439	9,483
Selling, General & Admin	17,792	17,035	13,365	11,036	8,191	4,102
Other Operating Expenses	17,761	12,963	10,566	9,185	6,616	3,814
Operating Expenses	38,678	32,697	26,173	21,953	15,771	8,632
Operating Income	3,537	2,075	1,219	827.87	668.45	850.84
Interest Expense	-1,185	-1,052	-808.3	-720.21	-445.16	-292.11
Interest & Investment Income	201.9	201.9	197.6	229.07	213.37	102.92
Earnings From Equity Investments	-	-16.3	-39.7	-38.6	-	-
Currency Exchange Gain (Loss)	31	31	35.2	30.89	16.24	10.91
Other Non Operating Income (Expenses)	32.7	-20.4	0.8	4.04	0.77	-11.32
EBT Excluding Unusual Items	2,618	1,220	604.7	333.06	453.67	661.24
Other Unusual Items	-135.6	38.4	45.8	12.29	19.39	-
Pretax Income	2,483	1,258	650.5	345.35	473.06	661.24
Income Tax Expense	1,040	537.5	253.1	135.74	60.18	44.76
Earnings From Continuing Operations	1,442	720.7	397.4	209.61	412.88	616.48
Minority Interest in Earnings	-28.9	-59.9	-74.8	-16.99	-2.13	-0.96
Net Income	1,414	660.8	322.6	192.62	410.75	615.52
Net Income to Common	1,414	660.8	322.6	192.62	410.75	615.52
Net Income Growth	168.14%	104.84%	67.48%	-53.11%	-33.27%	-
Shares Outstanding (Basic)	2,873	2,858	2,854	2,847	2,794	2,672
Shares Outstanding (Diluted)	2,878	2,862	2,860	2,861	2,826	2,778
Shares Change (YoY)	-0.58%	0.09%	-0.05%	1.24%	1.73%	8.12%
EPS (Basic)	0.49	0.23	0.11	0.07	0.15	0.23
EPS (Diluted)	0.49	0.23	0.11	0.07	0.15	0.22
EPS Growth	173.42%	109.09%	62.61%	-53.99%	-33.69%	-
Free Cash Flow	-	3,394	-1,105	-3,484	-4,479	911.09
Free Cash Flow Per Share	-	1.19	-0.39	-1.22	-1.58	0.33
Gross Margin	44.74%	43.74%	42.90%	44.29%	43.56%	38.85%
Operating Margin	3.75%	2.61%	1.91%	1.61%	1.77%	3.49%
Profit Margin	1.50%	0.83%	0.51%	0.37%	1.09%	2.52%
Free Cash Flow Margin	-	4.27%	-1.73%	-6.77%	-11.87%	3.73%
EBITDA	4,507	2,966	2,004	1,377	957.15	1,083
EBITDA Margin	4.78%	3.73%	3.14%	2.68%	2.54%	4.44%
D&A For EBITDA	969.88	890.6	784.9	548.79	288.7	231.76
EBIT	3,537	2,075	1,219	827.87	668.45	850.84
EBIT Margin	3.75%	2.61%	1.91%	1.61%	1.77%	3.49%
Effective Tax Rate	41.90%	42.72%	38.91%	39.30%	12.72%	6.77%
Revenue as Reported	94,685	79,771	64,156	51,740	38,009	24,527

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