Quarterly results
standalone · as filed with NSE · Q4 FY25 back to Q1 FY19
| ₹ crore | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0 | 0 | 0 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 75.5 | 141 | 72.3 | 15.9 | 75.7 | 69.7 | 130 | 140 | 174 | 246 | 244 | 280 | 433 | 533 | 609 | 514 | 459 | 404 |
| Other income | 0 | 0.3 | 6.6 | 0 | 0 | 0 | 0 | 0 | 3.1 | 0 | 6 | 0.5 | 0.1 | 1.1 | 1.2 | 22.3 | 0.7 | 13.5 | 0.8 | 1 | 9 | 4 | 2.3 | 2 | 5 | 7 |
| Total expenses | 0.7 | 2.3 | 0.7 | 0.6 | 6.9 | 2.7 | 0.8 | −6 | −9,818 | 304 | 318 | 6,589 | 542 | 502 | 566 | 836 | 689 | 1,129 | 489 | 641 | 549 | 467 | 772 | 428 | 362 | 339 |
| EBITDA | −0.5 | −2.2 | −0.4 | −0.1 | −5.3 | −2.6 | −0.7 | 6.2 | 9,135 | 104 | 27.4 | −6,052 | −140 | −157 | −163 | −393 | −214 | −575 | 64.9 | −52.3 | 216 | 451 | 230 | 437 | 392 | 352 |
| EBITDA margin | -27731.6% | -10936.9% | -1642.9% | -52.3% | -2975.5% | -1592.4% | -418.8% | 5269.2% | 12099.5% | 73.7% | 37.9% | -38110.1% | -185.6% | -225.5% | -125.6% | -281.4% | -122.9% | -234.3% | 26.6% | -18.7% | 49.9% | 84.6% | 37.7% | 85.0% | 85.4% | 87.1% |
| Finance costs | 0.2 | 0.1 | 0.3 | 0.3 | 1.4 | 0 | 0 | 0 | −759 | 267 | 272 | 311 | 326 | 275 | 274 | 302 | 301 | 308 | 309 | 308 | 331 | 384 | 391 | 351 | 294 | 286 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 | 0.5 | 0.5 | 210 | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 0.7 | 0.8 | 0.6 | 1 | 0.9 | 1 | 0 | 1 | 1 |
| Profit before tax | −0.7 | −2 | 27.2 | −0.4 | −6.7 | −2.6 | −0.7 | 6.4 | 9,620 | −163 | −239 | −6,573 | −467 | −431 | −436 | −674 | −514 | −870 | −244 | −360 | −107 | 70.2 | −160 | 88 | 102 | 72 |
| Tax | 0 | −0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 3,647 | 85.8 | −74.7 | −2,051 | −121 | −147 | −148 | −229 | −175 | −296 | −83.1 | −121 | −33 | 21.6 | −49.8 | 33 | 27 | 24 |
| Net profit | −0.7 | −1.9 | 27.2 | −0.4 | −6.7 | −2.6 | −0.7 | 6.4 | 5,972 | −249 | −165 | −4,522 | −345 | −284 | −288 | −445 | −340 | −574 | −161 | −238 | −74 | 48.6 | −110 | 55 | 75 | 48 |
| Net margin | -36215.8% | -9446.3% | 116809.0% | -246.9% | -3789.3% | -1592.4% | -418.8% | 5491.5% | 7910.3% | -177.0% | -227.8% | -28477.3% | -456.6% | -408.4% | -222.0% | -318.0% | -195.2% | -233.8% | -66.2% | -85.0% | -17.1% | 9.1% | -18.1% | 10.7% | 16.3% | 11.9% |
| EPS (₹) | -0.01 | -0.04 | 0.56 | 0.00 | -0.14 | -0.05 | -0.01 | 0.13 | 123.14 | -5.14 | -3.39 | -93.24 | -7.12 | -5.87 | -5.93 | -9.17 | -7.00 | -11.84 | -3.33 | -4.91 | -1.50 | 1.00 | -2.27 | 1.16 | 1.55 | 1.00 |
| Net profit YoY | +89.8% | +25.1% | +4162.2% | −106.8% | −100.1% | +99.0% | +99.6% | – | +232.1% | +27.8% | +42.1% | −917.1% | −1.7% | +50.5% | −78.2% | −86.5% | −358.9% | – | −431.8% | −116.3% | −234.5% | +1.3% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.2 | 0.6 | 382 | 291 | 803 | 1,587 | 1,986 |
| Other income | 0 | 0 | 9.2 | 2.8 | 37.2 | 15.5 | 16.6 |
| Total expenses | 4.3 | 4.4 | −8,900 | 8,200 | 3,143 | 2,170 | 1,901 |
| EBITDA | −3.2 | −2.4 | 9,315 | −6,512 | −1,118 | 757 | 1,411 |
| EBITDA margin | -1447.7% | -381.7% | 2437.4% | -2240.3% | -139.2% | 47.7% | 71.0% |
| Finance costs | 0.9 | 1.4 | 31.3 | 1,185 | 1,220 | 1,336 | 1,322 |
| Depreciation | 0 | 0 | 2 | 212 | 2.6 | 3.6 | 3.4 |
| Profit before tax | 24.1 | −3.5 | 9,014 | −7,906 | −2,303 | −567 | 102 |
| Tax | −0.1 | 0 | 3,595 | −2,467 | −783 | −192 | 34.2 |
| Net profit | 24.2 | −3.5 | 5,419 | −5,440 | −1,520 | −375 | 67.4 |
| Net margin | 10859.6% | -574.1% | 1417.8% | -1871.3% | -189.2% | -23.6% | 3.4% |
| EPS (₹) | 0.50 | -0.07 | 111.72 | -112.15 | -31.33 | -7.74 | 1.38 |
| Net profit YoY | +781.2% | −100.1% | +199.6% | −257.9% | −305.0% | −656.7% | – |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|
| Operating cash flow | 9 | −21.2 | 4,103 | −597 |
| Investing cash flow | 0.2 | 0 | 103 | 848 |
| Financing cash flow | −9.2 | 4.1 | −4,243 | −367 |
| Capital expenditure | 0 | 0 | 0.2 | 0 |
| Free cash flow (CFO − capex) | 9 | −21.2 | 4,103 | −597 |
Net profit trend
annual, ₹ croreFY20
₹−375
FY21
₹−1,520−305%
FY22
₹−5,440−258%
FY23
₹5,419+200%
FY24
₹−3.5−100%
FY25
₹24.2+781%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q4 FY25 | Standalone · audited | 23 May 2025 | PDF on NSE XBRL |
| Q3 FY25 | Standalone | 11 Feb 2025 | PDF on NSE XBRL |
| Q2 FY25 | Standalone · audited | 13 Jan 2025 | PDF on NSE XBRL |
| Q1 FY25 | Standalone | 13 Aug 2024 | PDF on NSE XBRL |
| Q4 FY24 | Standalone · audited | 31 May 2024 | PDF on NSE XBRL |
| Q3 FY24 | Standalone | 10 Jan 2024 | PDF on NSE XBRL |
| Q2 FY24 | Standalone | 2 Nov 2023 | PDF on NSE XBRL |
| Q1 FY24 | Standalone | 28 Jul 2023 | PDF on NSE XBRL |
| Q4 FY23 | Standalone · audited | 27 May 2023 | PDF on NSE XBRL |
| Q3 FY23 | Standalone | 2 Feb 2023 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 3.4×3.3×
P/B-1.51×
ROEFY25, on average equity-37.1%
Net margin10859.6%
Debt / equity-0.17×
Revenue CAGR (3Y)-90.9%
Profit CAGR (3Y)–
EPS (TTM)₹0.50
Market cap₹80 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
Balance sheet 31 Mar 2025
Total assets₹2 Cr−95%
Net worth₹-53 Cr+31%
Total borrowings₹9 Cr
Cash & bank balances₹1 Cr+10%
Investments₹0 Cr
Inventories₹0 Cr
Trade receivables₹0 Cr
Trade payables₹0 Cr
Change vs the same date a year earlier.