Airan Limited (NSE: AIRAN)

Airan Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	1,078	1,055	973.85	872.82	662.97	576.8
Revenue Growth (YoY)	7.61%	8.33%	11.58%	31.65%	14.94%	18.86%
Cost of Revenue	738.74	740.22	654.69	571.91	436.64	419.09
Gross Profit	339.11	314.75	319.16	300.92	226.33	157.71
Selling, General & Admin	46.5	64.42	105.19	145.96	92.22	10.47
Other Operating Expenses	72.89	49.91	47.64	36.68	28.74	36.84
Operating Expenses	176.46	168.9	204.25	233.66	164.3	88.69
Operating Income	162.64	145.85	114.91	67.26	62.03	69.02
Interest Expense	-1.85	-3.07	-6.13	-4.77	-6.27	-6.94
Interest & Investment Income	-	20.73	22.48	22.05	14.58	22.54
Currency Exchange Gain (Loss)	-	-0.59	0.03	0.38	0.13	-0.07
Other Non Operating Income (Expenses)	240.91	1.33	1.35	0.93	0.12	0.05
EBT Excluding Unusual Items	401.7	164.24	132.63	85.84	70.59	84.61
Gain (Loss) on Sale of Investments	-	8.29	5.28	35.31	4.57	-4.24
Gain (Loss) on Sale of Assets	-	-3.82	0.29	0.4	2.03	-
Pretax Income	401.7	168.71	138.2	121.56	77.19	80.37
Income Tax Expense	73.27	39.82	30.93	21.26	18.34	13.13
Earnings From Continuing Operations	328.43	128.9	107.27	100.3	58.86	67.24
Minority Interest in Earnings	-3.82	-3.43	-3.68	-4.15	-0.3	-
Net Income	324.6	125.47	103.59	96.15	58.56	67.24
Net Income to Common	324.6	125.47	103.59	96.15	58.56	67.24
Net Income Growth	206.61%	21.12%	7.74%	64.18%	-12.91%	62.28%
Shares Outstanding (Basic)	127	125	125	125	125	125
Shares Outstanding (Diluted)	127	125	125	125	125	125
Shares Change (YoY)	1.17%	-	-	-	-	3.10%
EPS (Basic)	2.56	1.00	0.83	0.77	0.47	0.54
EPS (Diluted)	2.56	1.00	0.83	0.77	0.47	0.54
EPS Growth	203.06%	21.12%	7.74%	64.18%	-12.91%	57.40%
Free Cash Flow	-	-95.4	5.43	65.73	21.81	-59.07
Free Cash Flow Per Share	-	-0.76	0.04	0.53	0.17	-0.47
Gross Margin	31.46%	29.83%	32.77%	34.48%	34.14%	27.34%
Operating Margin	15.09%	13.82%	11.80%	7.71%	9.36%	11.97%
Profit Margin	30.12%	11.89%	10.64%	11.02%	8.83%	11.66%
Free Cash Flow Margin	-	-9.04%	0.56%	7.53%	3.29%	-10.24%
EBITDA	219	197	162.37	114.26	104.04	109.58
EBITDA Margin	20.32%	18.67%	16.67%	13.09%	15.69%	19.00%
D&A For EBITDA	56.36	51.15	47.45	47	42.01	40.56
EBIT	162.64	145.85	114.91	67.26	62.03	69.02
EBIT Margin	15.09%	13.82%	11.80%	7.71%	9.36%	11.97%
Effective Tax Rate	18.24%	23.60%	22.38%	17.49%	23.75%	16.34%
Revenue as Reported	1,319	1,085	1,004	931.94	685.54	595.94
Advertising Expenses	-	6.75	9.01	0.83	0.24	2.69

Source: S&P Capital IQ. Standard template. Financial Sources.