Updater 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	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	29,057	27,361	24,444	20,989	14,836	12,100
Revenue Growth (YoY)	9.29%	11.93%	16.46%	41.48%	22.60%	-7.97%
Cost of Revenue	24,394	22,443	20,053	17,986	12,480	10,512
Gross Profit	4,663	4,918	4,390	3,003	2,356	1,588
Selling, General & Admin	91.67	91.67	88.83	105.64	77.19	38.55
Other Operating Expenses	2,913	2,978	2,770	1,463	1,137	776.71
Operating Expenses	3,595	3,666	3,450	1,966	1,437	1,026
Operating Income	1,068	1,252	940.1	1,037	919.33	562.19
Interest Expense	-70.57	-102.26	-192.58	-144.8	-50.68	-29.71
Interest & Investment Income	177.4	177.4	132.5	60.24	60.07	21.59
Currency Exchange Gain (Loss)	2.4	2.4	1.63	-	6.05	1.65
Other Non Operating Income (Expenses)	-36.87	14.5	-96.16	-410.3	-212.04	-37.76
EBT Excluding Unusual Items	1,141	1,344	785.49	541.78	722.73	517.96
Merger & Restructuring Charges	-	-	-	-4.31	-	-
Gain (Loss) on Sale of Investments	67.33	67.33	31.34	0.79	10.17	5.53
Gain (Loss) on Sale of Assets	-3.05	-3.05	4.8	-0.52	-11.83	2.09
Asset Writedown	-202.39	-	-0.29	-	-	-
Other Unusual Items	-14.21	39.36	24.49	4.14	-11.66	18.68
Pretax Income	988.41	1,447	845.83	541.88	709.41	544.26
Income Tax Expense	92.5	257.52	183.19	195.83	135.72	68.65
Earnings From Continuing Operations	895.91	1,190	662.64	346.05	573.69	475.61
Minority Interest in Earnings	24.89	-1.77	16.82	11.81	-20.78	-25.27
Net Income	920.8	1,188	679.46	357.86	552.91	450.34
Net Income to Common	920.8	1,188	679.46	357.86	552.91	450.34
Net Income Growth	-15.24%	74.84%	89.87%	-35.28%	22.78%	35.73%
Shares Outstanding (Basic)	67	67	60	53	53	53
Shares Outstanding (Diluted)	67	67	60	53	53	53
Shares Change (YoY)	1.79%	11.59%	12.67%	0.37%	-	-
EPS (Basic)	13.75	17.74	11.36	6.77	10.47	8.53
EPS (Diluted)	13.75	17.70	11.30	6.70	10.40	8.47
EPS Growth	-16.75%	56.64%	68.66%	-35.58%	22.79%	35.74%
Free Cash Flow	-	373.04	640.89	632.26	175.65	1,242
Free Cash Flow Per Share	-	5.56	10.66	11.85	3.30	23.36
Gross Margin	16.05%	17.97%	17.96%	14.31%	15.88%	13.13%
Operating Margin	3.68%	4.57%	3.85%	4.94%	6.20%	4.65%
Profit Margin	3.17%	4.34%	2.78%	1.70%	3.73%	3.72%
Free Cash Flow Margin	-	1.36%	2.62%	3.01%	1.18%	10.27%
EBITDA	1,281	1,515	1,273	1,309	1,038	681
EBITDA Margin	4.41%	5.54%	5.21%	6.23%	7.00%	5.63%
D&A For EBITDA	212.2	263.85	332.72	271.87	118.61	118.81
EBIT	1,068	1,252	940.1	1,037	919.33	562.19
EBIT Margin	3.68%	4.57%	3.85%	4.94%	6.20%	4.65%
Effective Tax Rate	9.36%	17.79%	21.66%	36.14%	19.13%	12.61%
Revenue as Reported	29,362	27,717	24,680	21,121	14,979	12,164

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.