True Colors 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
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
Revenue	2,922	2,337	1,601	806.6	90.44
Revenue Growth (YoY)	262.23%	45.96%	98.47%	791.90%	-
Cost of Revenue	1,983	1,630	1,279	619.56	77.46
Gross Profit	938.9	706.23	322.09	187.04	12.98
Selling, General & Admin	275.93	206.09	101.64	68.08	1.63
Other Operating Expenses	94.78	90.77	80.06	63.28	4.56
Operating Expenses	408.71	331.12	193.53	131.44	6.18
Operating Income	530.19	375.11	128.56	55.6	6.8
Interest Expense	-47.54	-44.17	-18.4	-1.97	-
Interest & Investment Income	1.17	1.17	0.83	0.04	-
Currency Exchange Gain (Loss)	1.66	1.66	5.91	2.71	0.08
Other Non Operating Income (Expenses)	-1.66	-3.09	-1.23	-1.74	-
EBT Excluding Unusual Items	483.82	330.68	115.67	54.64	6.88
Asset Writedown	-	-	-0.91	-	-
Pretax Income	483.82	330.68	114.76	54.64	6.88
Income Tax Expense	115.29	83.75	32.31	15.46	-
Net Income	368.53	246.94	82.46	39.18	6.88
Net Income to Common	368.53	246.94	82.46	39.18	6.88
Net Income Growth	840.63%	199.47%	110.46%	469.13%	-
Shares Outstanding (Basic)	23	18	17	12	1
Shares Outstanding (Diluted)	23	18	17	12	1
Shares Change (YoY)	94.06%	7.48%	41.22%	845.78%	-
EPS (Basic)	16.07	13.77	4.94	3.32	5.51
EPS (Diluted)	16.07	13.77	4.94	3.32	5.51
EPS Growth	384.71%	178.74%	48.98%	-39.82%	-
Free Cash Flow	-294.95	-61.65	-296.7	-217.86	4.67
Free Cash Flow Per Share	-12.86	-3.44	-17.78	-18.44	3.74
Gross Margin	32.13%	30.23%	20.12%	23.19%	14.36%
Operating Margin	18.15%	16.05%	8.03%	6.89%	7.52%
Profit Margin	12.61%	10.57%	5.15%	4.86%	7.61%
Free Cash Flow Margin	-10.10%	-2.64%	-18.53%	-27.01%	5.17%
EBITDA	568.14	409.33	140.36	55.68	-
EBITDA Margin	19.45%	17.52%	8.77%	6.90%	-
D&A For EBITDA	37.95	34.22	11.8	0.08	-
EBIT	530.19	375.11	128.56	55.6	6.8
EBIT Margin	18.15%	16.05%	8.03%	6.89%	7.52%
Effective Tax Rate	23.83%	25.32%	28.15%	28.30%	-
Revenue as Reported	2,928	2,340	1,609	809.35	90.52

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