ideaForge Technology Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	2,261	1,612	3,140	1,860	1,594
Revenue Growth (YoY)	40.27%	-48.66%	68.81%	16.66%	359.24%
Cost of Revenue	949.65	1,088	1,579	592.45	416.49
Gross Profit	1,312	523.93	1,561	1,268	1,178
Selling, General & Admin	584.68	571	563.99	528.7	271.85
Other Operating Expenses	678.7	480.68	443.41	269.14	175.66
Operating Expenses	1,694	1,345	1,219	916.42	520.35
Operating Income	-382.48	-821.1	341.74	351.2	657.55
Interest Expense	-39.8	-7.29	-34.53	-45.8	-51.81
Interest & Investment Income	-	131.18	128.06	52.14	16.69
Currency Exchange Gain (Loss)	-	5.1	4.63	3.65	-
Other Non Operating Income (Expenses)	222.92	-3.93	2.67	4.81	-123.9
EBT Excluding Unusual Items	-199.36	-696.04	442.57	366	498.53
Gain (Loss) on Sale of Investments	-	72.09	71.71	41.95	3.05
Gain (Loss) on Sale of Assets	-	-	-	-	0.19
Pretax Income	-199.36	-623.95	610.68	407.95	501.77
Income Tax Expense	-29.07	-1.17	158	88.07	61.71
Net Income	-170.29	-622.78	452.68	319.88	440.06
Net Income to Common	-170.29	-622.78	452.68	319.88	440.06
Net Income Growth	-	-	41.52%	-27.31%	-
Shares Outstanding (Basic)	44	43	41	37	32
Shares Outstanding (Diluted)	44	43	42	39	34
Shares Change (YoY)	1.04%	2.85%	6.63%	17.57%	15.36%
EPS (Basic)	-3.90	-14.41	10.96	8.55	13.84
EPS (Diluted)	-3.90	-14.41	10.77	8.12	13.13
EPS Growth	-	-	32.63%	-38.16%	-
Free Cash Flow	-1,518	-1,645	90.02	-863.26	530.43
Free Cash Flow Per Share	-34.76	-38.07	2.14	-21.91	15.83
Gross Margin	58.00%	32.50%	49.71%	68.15%	73.88%
Operating Margin	-16.91%	-50.93%	10.88%	18.88%	41.24%
Profit Margin	-7.53%	-38.63%	14.42%	17.20%	27.60%
Free Cash Flow Margin	-67.12%	-102.04%	2.87%	-46.41%	33.27%
EBITDA	48.26	-764.78	370.1	364.07	661.05
EBITDA Margin	2.13%	-47.44%	11.79%	19.57%	41.46%
D&A For EBITDA	430.74	56.32	28.36	12.87	3.5
EBIT	-382.48	-821.1	341.74	351.2	657.55
EBIT Margin	-16.91%	-50.93%	10.88%	18.88%	41.24%
Effective Tax Rate	-	-	25.87%	21.59%	12.30%
Revenue as Reported	2,484	1,824	3,444	1,964	1,614

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