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Financial statements

INRFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022
Revenue1.2T1.4T1.5T1.4T1.6T
Cost of goods sold419.4B489.7B495.4B438.0B526.9B
Gross profit772.7B924.0B1.0T941.5B1.0T
Gross profit margin, %65.5%66.3%68.2%69.2%67.1%
Operating expense total601.6B684.3B756.9B660.4B761.3B
Depreciation and amortization19.3B18.2B24.8B29.0B29.5B
EBITDA171.6B240.2B266.2B281.5B283.3B
EBITDA margin, %14.6%17.2%17.8%20.7%18.2%
EBIT152.8B220.9B238.1B211.7B252.4B
EBIT margin, %13.0%15.8%15.9%15.6%16.2%
Interest income6.7B8.9B8.3B13.8B10.6B
Interest expense79.0B95.1B112.1B120.6B94.9B
Pre tax profit116.4B145.8B143.1B87.6B145.1B
Income tax expense32.0B43.4B34.9B40.4B42.2B
Net Income84.4B102.4B108.2B47.2B102.9B

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