Airan 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	1,010	1,065	1,055	973.85	872.82	662.97
Revenue Growth (YoY)	-7.24%	0.95%	8.33%	11.58%	31.65%	14.94%
Cost of Revenue	785.14	745.14	740.22	654.69	571.91	436.64
Gross Profit	225.23	319.85	314.75	319.16	300.92	226.33
Selling, General & Admin	97.04	83.22	64.42	105.19	145.96	92.22
Other Operating Expenses	65.49	55.14	49.91	47.64	36.68	28.74
Operating Expenses	212.8	192.65	168.9	204.25	233.66	164.3
Operating Income	12.43	127.2	145.85	114.91	67.26	62.03
Interest Expense	-1.81	-0.84	-3.07	-6.13	-4.77	-6.27
Interest & Investment Income	30.86	30.86	20.74	22.48	22.05	14.58
Currency Exchange Gain (Loss)	-0.2	-0.2	-0.59	0.03	0.38	0.13
Other Non Operating Income (Expenses)	0.8	0.8	1.32	1.35	0.93	0.12
EBT Excluding Unusual Items	42.08	157.82	164.24	132.63	85.84	70.59
Gain (Loss) on Sale of Investments	78.87	78.87	8.29	5.28	35.31	4.57
Gain (Loss) on Sale of Assets	0.47	0.47	-3.82	0.29	0.4	2.03
Pretax Income	116.19	237.15	168.71	138.2	121.56	77.19
Income Tax Expense	33.14	49.5	39.82	30.93	21.26	18.34
Earnings From Continuing Operations	83.05	187.66	128.9	107.27	100.3	58.86
Minority Interest in Earnings	-1.41	-2.9	-3.43	-3.68	-4.15	-0.3
Net Income	81.65	184.76	125.47	103.59	96.15	58.56
Net Income to Common	81.65	184.76	125.47	103.59	96.15	58.56
Net Income Growth	-69.28%	47.26%	21.12%	7.74%	64.18%	-12.91%
Shares Outstanding (Basic)	124	125	125	125	125	125
Shares Outstanding (Diluted)	124	125	125	125	125	125
Shares Change (YoY)	-0.80%	-	-	-	-	-
EPS (Basic)	0.66	1.48	1.00	0.83	0.77	0.47
EPS (Diluted)	0.66	1.48	1.00	0.83	0.77	0.47
EPS Growth	-69.03%	47.26%	21.12%	7.74%	64.18%	-12.91%
Free Cash Flow	-	162.22	-83.97	5.43	65.73	21.81
Free Cash Flow Per Share	-	1.30	-0.67	0.04	0.53	0.17
Gross Margin	22.29%	30.03%	29.84%	32.77%	34.48%	34.14%
Operating Margin	1.23%	11.94%	13.83%	11.80%	7.71%	9.36%
Profit Margin	8.08%	17.35%	11.89%	10.64%	11.02%	8.83%
Free Cash Flow Margin	-	15.23%	-7.96%	0.56%	7.53%	3.29%
EBITDA	66.63	180.09	197	162.37	114.26	104.04
EBITDA Margin	6.59%	16.91%	18.67%	16.67%	13.09%	15.69%
D&A For EBITDA	54.2	52.89	51.15	47.45	47	42.01
EBIT	12.43	127.2	145.85	114.91	67.26	62.03
EBIT Margin	1.23%	11.94%	13.83%	11.80%	7.71%	9.36%
Effective Tax Rate	28.52%	20.87%	23.60%	22.38%	17.49%	23.75%
Revenue as Reported	1,122	1,176	1,085	1,004	931.94	685.54
Advertising Expenses	-	13.91	6.75	9.01	0.83	0.24

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