INR Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	303.74	257.71	159.53	142.6
Other Revenue	4.74	1.32	2.2	0.56
Revenue	308.48	259.02	161.73	143.16
Revenue Growth (YoY)	17.89%	60.16%	12.97%	-
Cost of Revenue	78.58	77.44	49.47	23.93
Gross Profit	229.9	181.58	112.26	119.23
Selling, General & Admin	23.75	13.05	4.89	4.71
Other Operating Expenses	2.6	23.12	-44.44	25.54
Operating Expenses	116.22	109.89	14.25	48.59
Operating Income	113.68	71.69	98.02	70.64
Interest Expense	-11.98	-21.53	-11.91	-2.57
Other Non Operating Income (Expenses)	-1.45	-0.87	0.57	0.06
Pretax Income	-25.85	49.29	86.67	68.13
Net Income	-2.44	49.29	86.67	68.13
Net Income to Common	-2.44	49.29	86.67	68.13
Net Income Growth	-	-43.13%	27.22%	-
Free Cash Flow	-123.86	-78.45	-330.21	-30.69
Gross Margin	74.53%	70.10%	69.41%	83.28%
Operating Margin	36.85%	27.68%	60.60%	49.34%
Profit Margin	-0.79%	19.03%	53.59%	47.59%
Free Cash Flow Margin	-40.15%	-30.29%	-204.17%	-21.44%
EBITDA	203.55	145.42	151.81	88.98
EBITDA Margin	65.99%	56.14%	93.87%	62.15%
D&A For EBITDA	89.87	73.73	53.8	18.34
EBIT	113.68	71.69	98.02	70.64
EBIT Margin	36.85%	27.68%	60.60%	49.34%
Revenue as Reported	308.48	259.02	161.73	143.16

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

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