Effwa Infra & Research 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	2,145	1,851	1,452	1,151	1,044	545.73
Revenue Growth (YoY)	23.96%	27.53%	26.12%	10.27%	91.27%	-
Cost of Revenue	1,665	1,464	1,167	990.88	918.1	476.01
Gross Profit	479.26	387.05	284.94	160.08	125.69	69.72
Selling, General & Admin	53.12	44.82	29.09	24.73	20.28	9.8
Other Operating Expenses	44.69	42.03	51.82	47.37	37.47	17.46
Operating Expenses	100.15	89.11	82.77	73.33	58.93	28.96
Operating Income	379.11	297.94	202.18	86.75	66.76	40.76
Interest Expense	-33.89	-24.61	-12.45	-11.46	-6.28	-7.47
Interest & Investment Income	13.44	13.44	3.55	1.75	1.48	1.15
Currency Exchange Gain (Loss)	-	-	-	1.43	0.2	-
Other Non Operating Income (Expenses)	-14.24	-14.24	-7.46	-8.19	-2.36	-4.09
Pretax Income	344.42	272.52	185.82	70.28	59.81	30.36
Income Tax Expense	89.49	71.39	46.77	18.84	16.13	9.22
Net Income	254.93	201.13	139.05	51.44	43.67	21.14
Net Income to Common	254.93	201.13	139.05	51.44	43.67	21.14
Net Income Growth	47.23%	44.65%	170.32%	17.78%	106.62%	-
Shares Outstanding (Basic)	23	23	18	18	18	18
Shares Outstanding (Diluted)	23	23	18	18	18	18
Shares Change (YoY)	14.73%	29.85%	-0.02%	-	-0.00%	-
EPS (Basic)	11.01	8.69	7.80	2.88	2.45	1.19
EPS (Diluted)	11.01	8.69	7.80	2.88	2.45	1.19
EPS Growth	28.33%	11.40%	170.38%	17.78%	106.63%	-
Free Cash Flow	111.07	-314.13	41.5	-60.88	27.5	0.77
Free Cash Flow Per Share	4.80	-13.57	2.33	-3.41	1.54	0.04
Gross Margin	22.35%	20.91%	19.63%	13.91%	12.04%	12.78%
Operating Margin	17.68%	16.09%	13.93%	7.54%	6.40%	7.47%
Profit Margin	11.89%	10.87%	9.58%	4.47%	4.18%	3.87%
Free Cash Flow Margin	5.18%	-16.97%	2.86%	-5.29%	2.63%	0.14%
EBITDA	381.45	300.2	204.04	87.97	67.94	42.46
EBITDA Margin	17.79%	16.22%	14.06%	7.64%	6.51%	7.78%
D&A For EBITDA	2.34	2.26	1.86	1.23	1.18	1.7
EBIT	379.11	297.94	202.18	86.75	66.76	40.76
EBIT Margin	17.68%	16.09%	13.93%	7.54%	6.40%	7.47%
Effective Tax Rate	25.98%	26.20%	25.17%	26.80%	26.98%	30.37%
Revenue as Reported	2,145	1,851	1,452	1,154	1,046	546.93
Advertising Expenses	-	1.73	1.39	0.57	1.97	1.34

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