Airan Limited (NSE:AIRAN)

Airan Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	1,061	1,065	1,055	973.85	872.82	662.97
Revenue Growth (YoY)	-1.20%	0.95%	8.33%	11.58%	31.65%	14.94%
Cost of Revenue	757.87	745.14	740.22	654.69	571.91	436.64
Gross Profit	302.94	319.85	314.75	319.16	300.92	226.33
Selling, General & Admin	76.96	83.22	64.42	105.19	145.96	92.22
Other Operating Expenses	58.63	55.14	49.91	47.64	36.68	28.74
Operating Expenses	187.83	192.65	168.9	204.25	233.66	164.3
Operating Income	115.11	127.2	145.85	114.91	67.26	62.03
Interest Expense	-1.54	-0.84	-3.07	-6.13	-4.77	-6.27
Interest & Investment Income	30.86	30.86	20.74	22.48	22.05	14.58
Currency Exchange Gain (Loss)	-0.2	-0.2	-0.59	0.03	0.38	0.13
Other Non Operating Income (Expenses)	-191.61	0.8	1.32	1.35	0.93	0.12
EBT Excluding Unusual Items	-47.37	157.82	164.24	132.63	85.84	70.59
Gain (Loss) on Sale of Investments	78.87	78.87	8.29	5.28	35.31	4.57
Gain (Loss) on Sale of Assets	0.47	0.47	-3.82	0.29	0.4	2.03
Pretax Income	31.96	237.15	168.71	138.2	121.56	77.19
Income Tax Expense	6.68	49.5	39.82	30.93	21.26	18.34
Earnings From Continuing Operations	25.28	187.66	128.9	107.27	100.3	58.86
Minority Interest in Earnings	-2.24	-2.9	-3.43	-3.68	-4.15	-0.3
Net Income	23.04	184.76	125.47	103.59	96.15	58.56
Net Income to Common	23.04	184.76	125.47	103.59	96.15	58.56
Net Income Growth	-91.69%	47.26%	21.12%	7.74%	64.18%	-12.91%
Shares Outstanding (Basic)	126	125	125	125	125	125
Shares Outstanding (Diluted)	126	125	125	125	125	125
Shares Change (YoY)	0.71%	-	-	-	-	-
EPS (Basic)	0.18	1.48	1.00	0.83	0.77	0.47
EPS (Diluted)	0.18	1.48	1.00	0.83	0.77	0.47
EPS Growth	-91.75%	47.26%	21.12%	7.74%	64.18%	-12.91%
Free Cash Flow	58.24	162.22	-83.97	5.43	65.73	21.81
Free Cash Flow Per Share	0.46	1.30	-0.67	0.04	0.53	0.17
Gross Margin	28.56%	30.03%	29.84%	32.77%	34.48%	34.14%
Operating Margin	10.85%	11.94%	13.83%	11.80%	7.71%	9.36%
Profit Margin	2.17%	17.35%	11.89%	10.64%	11.02%	8.83%
Free Cash Flow Margin	5.49%	15.23%	-7.96%	0.56%	7.53%	3.29%
EBITDA	165.95	180.09	197	162.37	114.26	104.04
EBITDA Margin	15.64%	16.91%	18.67%	16.67%	13.09%	15.69%
D&A For EBITDA	50.84	52.89	51.15	47.45	47	42.01
EBIT	115.11	127.2	145.85	114.91	67.26	62.03
EBIT Margin	10.85%	11.94%	13.83%	11.80%	7.71%	9.36%
Effective Tax Rate	20.91%	20.87%	23.60%	22.38%	17.49%	23.75%
Revenue as Reported	979.77	1,176	1,085	1,004	931.94	685.54
Advertising Expenses	-	13.91	6.75	9.01	0.83	0.24

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