Ishan International 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
Operating Revenue	560.98	726.53	301.29	357.03	211.24	222.11
Other Revenue	-0	-0	-	-	-	-
Revenue	560.97	726.53	301.29	357.03	211.24	222.11
Revenue Growth (YoY)	9.84%	141.14%	-15.61%	69.02%	-4.89%	1.36%
Cost of Revenue	510.15	674.45	224.87	279.74	154.34	175.92
Gross Profit	50.83	52.09	76.42	77.29	56.9	46.18
Selling, General & Admin	24.65	22.35	21.89	16.18	14.38	39.82
Other Operating Expenses	25.38	26.06	50.35	47.79	15.29	-0.26
Operating Expenses	52.1	49.95	73.85	65.71	30.21	40.17
Operating Income	-1.28	2.13	2.57	11.58	26.69	6.01
Interest Expense	-4.03	-4.77	-4.92	-5.98	-7.54	-7.97
Interest & Investment Income	3.62	3.62	6.16	2.19	2.36	2.32
Currency Exchange Gain (Loss)	2.62	2.62	5.65	-0.03	0.73	0.24
Other Non Operating Income (Expenses)	-0.65	-0.71	-1.02	-1.2	-1.2	1.41
EBT Excluding Unusual Items	0.28	2.89	8.44	6.56	21.04	2.01
Other Unusual Items	0.82	-	-	-	-2.72	-
Pretax Income	1.1	2.89	8.44	6.56	18.31	2.01
Income Tax Expense	1.33	0.74	2.72	1.38	5.87	0.5
Net Income	-0.23	2.15	5.72	5.19	12.44	1.51
Net Income to Common	-0.23	2.15	5.72	5.19	12.44	1.51
Net Income Growth	-	-62.45%	10.38%	-58.33%	726.78%	-47.04%
Shares Outstanding (Basic)	-	216	216	216	148	147
Shares Outstanding (Diluted)	-	216	216	216	148	147
Shares Change (YoY)	-	-	-	46.26%	0.52%	-
EPS (Basic)	-	0.01	0.03	0.02	0.08	0.01
EPS (Diluted)	-	0.01	0.03	0.02	0.08	0.01
EPS Growth	-	-62.45%	10.38%	-71.51%	722.49%	-47.04%
Free Cash Flow	-0.79	-4.73	0.39	-61.37	-20	-2.72
Free Cash Flow Per Share	-	-0.02	0.00	-0.28	-0.14	-0.02
Gross Margin	9.06%	7.17%	25.36%	21.65%	26.94%	20.79%
Operating Margin	-0.23%	0.29%	0.85%	3.24%	12.63%	2.71%
Profit Margin	-0.04%	0.30%	1.90%	1.45%	5.89%	0.68%
Free Cash Flow Margin	-0.14%	-0.65%	0.13%	-17.19%	-9.47%	-1.23%
EBITDA	0.8	3.67	4.18	13.33	27.24	6.63
EBITDA Margin	0.14%	0.51%	1.39%	3.73%	12.89%	2.99%
D&A For EBITDA	2.07	1.54	1.62	1.75	0.55	0.62
EBIT	-1.28	2.13	2.57	11.58	26.69	6.01
EBIT Margin	-0.23%	0.29%	0.85%	3.24%	12.63%	2.71%
Effective Tax Rate	121.18%	25.51%	32.21%	20.98%	32.05%	25.09%
Revenue as Reported	569.98	735.48	315.18	359.25	217.43	227.12
Advertising Expenses	-	1.52	-	3.41	2.43	0.96

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