Roadzen Income Statement

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2024	FY 2023	FY 2024
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Mar '23 Mar 31, 2023	Dec '22 Dec 31, 2022
Revenue	50.3	44.3	46.72	46.72	13.56	-
Revenue Growth (YoY)	17.28%	-5.20%	-	244.56%	-	-
Cost of Revenue	19.65	18.83	18.13	18.13	5.41	-
Gross Profit	30.65	25.46	28.59	28.59	8.15	-
Selling, General & Admin	39.58	80.48	99.09	99.09	15.38	1.76
Depreciation & Amortization Expenses	2.23	2.02	2.19	2.19	1.62	-
Research & Development	0.77	3.78	4.97	4.97	2.67	-
Total Operating Expenses	42.58	86.28	106.25	106.25	19.68	1.76
Operating Income	-11.93	-60.81	-77.66	-77.66	-11.53	-1.76
Interest Income	-	-	-	-	-	2.98
Interest Expense	-6.28	-3.25	-2.29	-	-0.78	-
Other Non-Operating Income (Expense)	3.44	-9.02	-19.93	-18.64	-1.94	-
Total Non-Operating Income (Expense)	-2.83	-12.26	-22.22	-18.64	-2.71	2.98
Pretax Income	-15.82	-73.08	-99.88	-99.88	-14.24	1.22
Provision for Income Taxes	0.14	-0.01	-0.02	-0.02	-0.04	-
Net Income	-17.26	-72.87	-99.67	-100.05	-14.02	1.22
Minority Interest in Earnings	0.56	0.19	0.19	0.19	0.18	-
Net Income to Common	-17.26	-72.87	-99.67	-100.05	-14.02	1.22
Shares Outstanding (Basic)	76	70	44	44	17	20
Shares Outstanding (Diluted)	76	70	44	44	17	20
Shares Change (YoY)	10.60%	58.67%	-	166.83%	-17.53%	16.42%
EPS (Basic)	-0.18	-1.04	-2.26	-2.26	-0.86	0.04
EPS (Diluted)	-0.18	-1.04	-2.26	-2.26	-0.86	0.04
Shares Outstanding	79.5	74.29	68.44	68.44	25.01	25.01
Free Cash Flow	-21.38	-18.57	-19.67	-8.39	-8.39	-1.19
Free Cash Flow Per Share	-0.28	-0.27	-0.45	-0.19	-0.51	-0.06
Gross Margin	60.93%	57.48%	61.19%	61.19%	60.08%	-
Operating Margin	-23.71%	-137.29%	-166.21%	-166.21%	-85.04%	-
Profit Margin	-31.72%	-164.94%	-213.72%	-213.72%	-104.72%	-
FCF Margin	-42.51%	-41.92%	-42.11%	-17.95%	-61.86%	-
EBITDA	-9.69	-58.79	-75.47	-76.03	-9.91	-1.76
EBITDA Margin	-19.27%	-132.73%	-161.53%	-162.73%	-73.06%	-
EBIT	-11.93	-60.81	-77.66	-77.66	-11.53	-1.76
EBIT Margin	-23.71%	-137.29%	-166.21%	-166.21%	-85.04%	-
Effective Tax Rate	-0.90%	0.02%	0.02%	0.02%	0.30%	0.00%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q