Also trades as: FSL.NS (NSE) · $vol 8M

₹249.45 ($2.59)

-6.25 (-2.44%)

BSE · Technology · Information Technology Services · Tech Score Sell · Power 41 · ₹172.2B mcap · 309M float · 0.058% daily turnover

Revenue

$95.6B +19.9% ▲

5Y CAGR: +13.7%

Gross Profit

$11.2B -65.0% ▼

5Y CAGR: -7.3%

Operating Income

$11.2B +26.3% ▲

5Y CAGR: +12.0%

Net Income

$6.7B +13.5% ▲

5Y CAGR: +13.3%

EPS (Diluted)

$9.56 +13.5% ▲

5Y CAGR: +13.3%

EBITDA

$14.7B +20.6% ▲

5Y CAGR: +15.1%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$59.2B	$60.2B	$63.4B	$79.8B	$95.6B
YoY Growth	+17.7%	+1.7%	+5.2%	+25.9%	+19.9%
Cost of Revenue	$38.2B	$38.7B	$47.7B	$50.0B	$84.3B
Gross Profit	$15.3B	$12.9B	$15.7B	$29.8B	$11.2B
Gross Margin	25.9%	21.5%	24.7%	37.4%	11.7%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$3.2B	$1.9B	$3.9B	$0	$0
Operating Expenses	$13.2B	$15.6B	$8.3B	$10.4B	$0
Operating Income	$7.2B	$6.0B	$7.4B	$29.8B	$11.2B
Operating Margin	12.1%	10.0%	11.7%	37.4%	11.7%
Interest Expense	$639M	$1.1B	$1.4B	$1.5B	$1.8B
Income Before Tax	$6.5B	$6.2B	$6.3B	$7.4B	$8.5B
Tax Expense	$1.1B	$1.0B	$1.1B	$1.5B	$1.8B
Net Income	$5.4B	$5.1B	$5.1B	$5.9B	$6.7B
Net Margin	9.1%	8.5%	8.1%	7.4%	7.1%
EPS (Diluted)	$7.62	$7.32	$7.34	$8.42	$9.56
EBITDA	$9.6B	$9.9B	$9.9B	$12.1B	$14.7B
Shares Outstanding	706M	702M	702M	706M	705M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$17.9B	$19.3B	$20.9B	$21.7B	$22.2B	$23.1B	$24.7B	$25.8B
Cost of Revenue	$11.3B	$12.1B	$13.1B	$11.2B	$13.2B	$20.5B	$14.3B	$22.7B
Gross Profit	$6.6B	$7.2B	$7.8B	$10.5B	$9.0B	$2.7B	$10.4B	$3.1B
Gross Margin	37.1%	37.4%	37.4%	48.4%	40.5%	11.5%	42.0%	12.2%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$0	$5.1B	$0	$2.3B	$0	$0	$0	$0
Operating Expenses	$4.6B	$5.1B	$5.5B	$8.0B	$6.5B	$0	$7.4B	$0
Operating Income	$2.0B	$2.1B	$2.3B	$2.5B	$2.5B	$2.7B	$2.9B	$3.1B
Operating Margin	11.0%	10.8%	11.2%	11.5%	11.2%	11.5%	11.8%	12.2%
Interest Expense	$316M	$343M	$393M	$426M	$434M	$428M	$432M	$520M
Income Before Tax	$1.7B	$1.7B	$2.0B	$2.0B	$2.1B	$2.2B	$1.5B	$2.6B
Tax Expense	$320M	$328M	$403M	$410M	$439M	$448M	$313M	$554M
Net Income	$1.4B	$1.4B	$1.6B	$1.6B	$1.7B	$1.8B	$1.2B	$2.1B
Net Margin	7.6%	7.2%	7.7%	7.4%	7.6%	7.8%	4.9%	7.9%
EPS (Diluted)	$1.92	$1.96	$2.27	$2.28	$2.40	$2.54	$1.71	$2.91
EBITDA	$2.7B	$2.8B	$3.2B	$3.3B	$3.5B	$3.8B	$3.1B	$4.3B
Shares Outstanding	704M	705M	706M	705M	706M	707M	704M	705M

FSL.BO BSE