REDTAPE Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '24 Sep 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	19,821	18,429	14,683	9,097
Revenue Growth (YoY)	25.86%	25.51%	61.41%	-
Cost of Revenue	10,635	9,596	7,933	4,516
Gross Profit	9,186	8,833	6,750	4,580
Selling, General & Admin	1,165	982.6	722.9	355.5
Other Operating Expenses	4,915	4,687	3,612	2,801
Operating Expenses	6,797	6,262	4,780	3,229
Operating Income	2,389	2,571	1,970	1,351
Interest Expense	-390.6	-325.1	-144.6	-119.7
Interest & Investment Income	8.7	8.7	5.3	-
Earnings From Equity Investments	-1	-1	-1.1	-
Other Non Operating Income (Expenses)	108.8	96.2	48	1.8
EBT Excluding Unusual Items	2,115	2,350	1,878	1,233
Gain (Loss) on Sale of Assets	-1.4	-1.4	1.3	-9.3
Other Unusual Items	13.7	13.7	11.9	-
Pretax Income	2,127	2,362	1,891	1,224
Income Tax Expense	552.6	600	469.5	352.8
Net Income	1,575	1,762	1,422	871.2
Net Income to Common	1,575	1,762	1,422	871.2
Net Income Growth	-2.97%	23.98%	63.17%	-
Shares Outstanding (Basic)	138	138	138	138
Shares Outstanding (Diluted)	138	138	138	138
Shares Change (YoY)	0.05%	-	-	-
EPS (Basic)	11.39	12.75	10.29	6.30
EPS (Diluted)	11.39	12.75	10.29	6.30
EPS Growth	-3.04%	23.96%	63.26%	-
Free Cash Flow	417.2	-351.4	-189	-149.7
Free Cash Flow Per Share	3.02	-2.54	-1.37	-1.08
Gross Margin	46.34%	47.93%	45.97%	50.35%
Operating Margin	12.05%	13.95%	13.42%	14.85%
Profit Margin	7.95%	9.56%	9.68%	9.58%
Free Cash Flow Margin	2.10%	-1.91%	-1.29%	-1.65%
EBITDA	2,754	2,811	2,193	1,424
EBITDA Margin	13.89%	15.25%	14.94%	15.66%
D&A For EBITDA	364.7	239.8	222.8	72.9
EBIT	2,389	2,571	1,970	1,351
EBIT Margin	12.05%	13.95%	13.42%	14.85%
Effective Tax Rate	25.98%	25.40%	24.83%	28.82%
Revenue as Reported	19,964	18,560	14,748	9,098

Source: S&P Capital IQ. Standard template. Financial Sources.