REDTAPE Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	20,202	18,429	14,683	9,097
Revenue Growth (YoY)	9.62%	25.51%	61.41%	-
Cost of Revenue	10,799	9,596	7,933	4,516
Gross Profit	9,403	8,833	6,750	4,580
Selling, General & Admin	1,199	982.6	722.9	355.5
Other Operating Expenses	4,851	4,687	3,612	2,801
Operating Expenses	6,883	6,262	4,780	3,229
Operating Income	2,520	2,571	1,970	1,351
Interest Expense	-509.1	-325.1	-144.6	-119.7
Interest & Investment Income	-	8.7	5.3	-
Earnings From Equity Investments	-	-1	-1.1	-
Other Non Operating Income (Expenses)	319.9	96.2	48	1.8
EBT Excluding Unusual Items	2,331	2,350	1,878	1,233
Gain (Loss) on Sale of Assets	-	-1.4	1.3	-9.3
Other Unusual Items	-	13.7	11.9	-
Pretax Income	2,331	2,362	1,891	1,224
Income Tax Expense	628.8	600	469.5	352.8
Net Income	1,702	1,762	1,422	871.2
Net Income to Common	1,702	1,762	1,422	871.2
Net Income Growth	-3.40%	23.98%	63.17%	-
Shares Outstanding (Basic)	138	553	553	553
Shares Outstanding (Diluted)	138	553	553	553
Shares Change (YoY)	-75.00%	-	-	-
EPS (Basic)	12.32	3.19	2.57	1.58
EPS (Diluted)	12.32	3.19	2.57	1.57
EPS Growth	286.51%	23.96%	63.27%	-
Free Cash Flow	-1,571	-351.4	-189	-149.7
Free Cash Flow Per Share	-11.37	-0.64	-0.34	-0.27
Dividend Per Share	0.750	-	-	-
Gross Margin	46.55%	47.93%	45.97%	50.35%
Operating Margin	12.48%	13.95%	13.42%	14.85%
Profit Margin	8.43%	9.56%	9.68%	9.58%
Free Cash Flow Margin	-7.78%	-1.91%	-1.29%	-1.65%
EBITDA	3,353	2,811	2,193	1,424
EBITDA Margin	16.60%	15.25%	14.94%	15.65%
D&A For EBITDA	832.7	239.8	222.8	72.9
EBIT	2,520	2,571	1,970	1,351
EBIT Margin	12.48%	13.95%	13.42%	14.85%
Effective Tax Rate	26.97%	25.40%	24.83%	28.82%
Revenue as Reported	20,522	18,560	14,748	9,098

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