Updater Services 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	2021
Period Ending	Jun '25 Jun 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	2021
Revenue	27,827	27,361	24,444	20,989	14,836	12,100	Upgrade
Revenue Growth (YoY)	10.42%	11.93%	16.46%	41.48%	22.60%	-7.97%	Upgrade
Cost of Revenue	22,928	22,443	20,053	17,986	12,480	10,512	Upgrade
Gross Profit	4,899	4,918	4,390	3,003	2,356	1,588	Upgrade
Selling, General & Admin	91.67	91.67	88.83	105.64	77.19	38.55	Upgrade
Other Operating Expenses	2,978	2,978	2,770	1,463	1,137	776.71	Upgrade
Operating Expenses	3,675	3,666	3,450	1,966	1,437	1,026	Upgrade
Operating Income	1,224	1,252	940.1	1,037	919.33	562.19	Upgrade
Interest Expense	-89.52	-102.26	-192.58	-144.8	-50.68	-29.71	Upgrade
Interest & Investment Income	177.4	177.4	132.5	60.24	60.07	21.59	Upgrade
Currency Exchange Gain (Loss)	2.4	2.4	1.63	-	6.05	1.65	Upgrade
Other Non Operating Income (Expenses)	14.5	14.5	-96.16	-410.3	-212.04	-37.76	Upgrade
EBT Excluding Unusual Items	1,329	1,344	785.49	541.78	722.73	517.96	Upgrade
Merger & Restructuring Charges	-	-	-	-4.31	-	-	Upgrade
Gain (Loss) on Sale of Investments	67.33	67.33	31.34	0.79	10.17	5.53	Upgrade
Gain (Loss) on Sale of Assets	-3.05	-3.05	4.8	-0.52	-11.83	2.09	Upgrade
Asset Writedown	-	-	-0.29	-	-	-	Upgrade
Other Unusual Items	39.36	39.36	24.49	4.14	-11.66	18.68	Upgrade
Pretax Income	1,432	1,447	845.83	541.88	709.41	544.26	Upgrade
Income Tax Expense	208.95	257.52	183.19	195.83	135.72	68.65	Upgrade
Earnings From Continuing Operations	1,223	1,190	662.64	346.05	573.69	475.61	Upgrade
Minority Interest in Earnings	-3.04	-1.77	16.82	11.81	-20.78	-25.27	Upgrade
Net Income	1,220	1,188	679.46	357.86	552.91	450.34	Upgrade
Net Income to Common	1,220	1,188	679.46	357.86	552.91	450.34	Upgrade
Net Income Growth	51.77%	74.84%	89.87%	-35.28%	22.78%	35.73%	Upgrade
Shares Outstanding (Basic)	67	67	60	53	53	53	Upgrade
Shares Outstanding (Diluted)	67	67	60	53	53	53	Upgrade
Shares Change (YoY)	5.27%	11.59%	12.67%	0.37%	-	-	Upgrade
EPS (Basic)	18.29	17.74	11.36	6.77	10.47	8.53	Upgrade
EPS (Diluted)	18.24	17.70	11.30	6.70	10.40	8.47	Upgrade
EPS Growth	44.13%	56.64%	68.66%	-35.58%	22.79%	35.74%	Upgrade
Free Cash Flow	-	373.04	640.89	632.26	175.65	1,242	Upgrade
Free Cash Flow Per Share	-	5.56	10.66	11.85	3.30	23.36	Upgrade
Gross Margin	17.61%	17.97%	17.96%	14.31%	15.88%	13.13%	Upgrade
Operating Margin	4.40%	4.57%	3.85%	4.94%	6.20%	4.65%	Upgrade
Profit Margin	4.38%	4.34%	2.78%	1.70%	3.73%	3.72%	Upgrade
Free Cash Flow Margin	-	1.36%	2.62%	3.01%	1.18%	10.27%	Upgrade
EBITDA	1,470	1,515	1,273	1,309	1,038	681	Upgrade
EBITDA Margin	5.28%	5.54%	5.21%	6.23%	7.00%	5.63%	Upgrade
D&A For EBITDA	246.63	263.85	332.72	271.87	118.61	118.81	Upgrade
EBIT	1,224	1,252	940.1	1,037	919.33	562.19	Upgrade
EBIT Margin	4.40%	4.57%	3.85%	4.94%	6.20%	4.65%	Upgrade
Effective Tax Rate	14.59%	17.79%	21.66%	36.14%	19.13%	12.61%	Upgrade
Revenue as Reported	28,184	27,717	24,680	21,121	14,979	12,164	Upgrade

Updated Jan 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.