NSE:IWARE 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	1,496	858.23	587.06	435.55	243.46	189.15
Other Revenue	-	-0	0	-0	-	-
Revenue	1,496	858.22	587.06	435.54	243.46	189.15
Revenue Growth (YoY)	-	46.19%	34.79%	78.90%	28.72%	-
Cost of Revenue	95.53	80.82	70.03	58.47	57.87	156.11
Gross Profit	1,400	777.41	517.03	377.07	185.59	33.03
Selling, General & Admin	310.22	310.22	180.44	125.57	0.37	0.22
Other Operating Expenses	847.58	296.78	227.6	188.3	154.49	10.83
Operating Expenses	1,195	642.36	435.71	341.71	161.57	11.83
Operating Income	205.29	135.05	81.32	35.36	24.03	21.21
Interest Expense	-29.23	-28.87	-28.07	-26.52	-10.65	-6.87
Interest & Investment Income	2.47	2.47	0.62	0.92	0.49	0.59
Other Non Operating Income (Expenses)	-0.14	-0.1	-0.32	-0.68	-0.33	-0.43
Pretax Income	178.39	108.54	53.56	9.09	13.53	14.49
Income Tax Expense	46.12	28.34	11.86	4.86	3.87	3.91
Net Income	132.27	80.19	41.7	4.23	9.66	10.59
Net Income to Common	132.27	80.19	41.7	4.23	9.66	10.59
Net Income Growth	-	92.33%	885.95%	-56.23%	-8.73%	-
Shares Outstanding (Basic)	9	8	8	8	8	8
Shares Outstanding (Diluted)	9	8	8	8	8	8
EPS (Basic)	14.22	10.20	5.30	0.54	1.23	1.35
EPS (Diluted)	14.22	10.20	5.30	0.54	1.23	1.35
EPS Growth	-	92.45%	885.06%	-56.23%	-8.73%	-
Free Cash Flow	-	-9.29	63.58	-17.22	-44.48	-77.29
Free Cash Flow Per Share	-	-1.18	8.09	-2.19	-5.66	-9.83
Gross Margin	93.61%	90.58%	88.07%	86.58%	76.23%	17.46%
Operating Margin	13.73%	15.73%	13.85%	8.12%	9.87%	11.21%
Profit Margin	8.84%	9.34%	7.10%	0.97%	3.97%	5.60%
Free Cash Flow Margin	-	-1.08%	10.83%	-3.95%	-18.27%	-40.86%
EBITDA	244	170.4	108.99	63.21	30.74	21.98
EBITDA Margin	16.31%	19.86%	18.56%	14.51%	12.63%	11.62%
D&A For EBITDA	38.71	35.36	27.66	27.85	6.71	0.77
EBIT	205.29	135.05	81.32	35.36	24.03	21.21
EBIT Margin	13.73%	15.73%	13.85%	8.12%	9.87%	11.21%
Effective Tax Rate	25.86%	26.11%	22.15%	53.49%	28.60%	26.96%
Revenue as Reported	1,499	861.1	587.69	437.2	244.14	189.74
Advertising Expenses	-	0.27	0.04	0.12	0.37	0.22

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