Popular Foundations 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
Revenue	686.89	586.79	518.19	470.96	258.94	202.78
Revenue Growth (YoY)	20.57%	13.24%	10.03%	81.88%	27.69%	-
Cost of Revenue	560.52	432.36	385.42	242.83	133.48	87.06
Gross Profit	126.37	154.43	132.77	228.12	125.46	115.72
Selling, General & Admin	54.26	55.99	41.74	43.15	40.58	33.52
Other Operating Expenses	25.23	27.69	24.8	168.1	62.09	68.92
Operating Expenses	83.85	87.99	69.32	214.52	105.64	104.88
Operating Income	42.52	66.44	63.45	13.6	19.83	10.84
Interest Expense	-13.1	-14.65	-14.04	-15.1	-18.72	-17.51
Interest & Investment Income	-	-	0.25	0.97	0.26	0.23
Other Non Operating Income (Expenses)	-0.09	2.51	-0.03	13.56	2.28	3.62
EBT Excluding Unusual Items	29.34	54.3	49.63	13.04	3.63	-2.82
Gain (Loss) on Sale of Investments	-	-	-	0.25	-	-
Gain (Loss) on Sale of Assets	0.3	0.3	0	0.25	0.18	-
Pretax Income	29.64	54.6	49.63	13.54	3.81	-2.82
Income Tax Expense	6.55	16.51	14.99	1.58	0.17	-0.68
Net Income	23.09	38.09	34.64	11.96	3.65	-2.14
Net Income to Common	23.09	38.09	34.64	11.96	3.65	-2.14
Net Income Growth	-32.72%	9.95%	189.55%	228.05%	-	-
Shares Outstanding (Basic)	20	20	15	13	13	13
Shares Outstanding (Diluted)	20	20	15	13	13	13
Shares Change (YoY)	21.20%	35.78%	20.06%	-	-	-
EPS (Basic)	1.13	1.87	2.31	0.96	0.29	-0.17
EPS (Diluted)	1.13	1.87	2.31	0.96	0.29	-0.17
EPS Growth	-44.68%	-19.03%	141.17%	230.04%	-	-
Free Cash Flow	-11.73	-113.39	-80.23	69.27	-20.8	5.11
Free Cash Flow Per Share	-0.57	-5.56	-5.35	5.54	-1.66	0.41
Dividend Per Share	-	-	-	2.000	-	-
Gross Margin	18.40%	26.32%	25.62%	48.44%	48.45%	57.07%
Operating Margin	6.19%	11.32%	12.25%	2.89%	7.66%	5.35%
Profit Margin	3.36%	6.49%	6.69%	2.54%	1.41%	-1.05%
Free Cash Flow Margin	-1.71%	-19.32%	-15.48%	14.71%	-8.03%	2.52%
EBITDA	46.87	70.74	66.23	16.86	22.76	13.25
EBITDA Margin	6.82%	12.05%	12.78%	3.58%	8.79%	6.53%
D&A For EBITDA	4.35	4.3	2.78	3.25	2.94	2.41
EBIT	42.52	66.44	63.45	13.6	19.83	10.84
EBIT Margin	6.19%	11.32%	12.25%	2.89%	7.66%	5.35%
Effective Tax Rate	22.09%	30.24%	30.20%	11.65%	4.33%	-
Revenue as Reported	688.04	590.54	519.1	486.69	263.02	207.07
Advertising Expenses	-	0.81	0.4	0.11	0.16	0.12

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.