Airan Ltd
NSE:AIRAN
Income Statement
Earnings Waterfall
Airan Ltd
Income Statement
Airan Ltd
| Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||
| Interest Expense |
9
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
485
N/A
|
516
+6%
|
508
-1%
|
557
+10%
|
577
+3%
|
552
-4%
|
569
+3%
|
606
+6%
|
663
+9%
|
752
+13%
|
818
+9%
|
837
+2%
|
873
+4%
|
890
+2%
|
1 132
+27%
|
1 183
+4%
|
974
-18%
|
1 213
+25%
|
1 026
-15%
|
1 015
-1%
|
1 055
+4%
|
1 078
+2%
|
1 074
0%
|
1 089
+1%
|
1 065
-2%
|
1 060
0%
|
1 061
+0%
|
|
| Gross Profit | ||||||||||||||||||||||||||||
| Cost of Revenue |
(174)
|
(172)
|
(160)
|
(170)
|
(158)
|
0
|
0
|
(56)
|
(174)
|
(122)
|
(183)
|
(237)
|
(254)
|
(256)
|
(317)
|
(333)
|
(261)
|
(320)
|
(262)
|
(246)
|
(250)
|
(246)
|
(256)
|
(261)
|
(252)
|
(257)
|
(252)
|
|
| Gross Profit |
311
N/A
|
344
+10%
|
348
+1%
|
387
+11%
|
419
+8%
|
0
N/A
|
0
N/A
|
301
N/A
|
489
+63%
|
485
-1%
|
635
+31%
|
600
-6%
|
618
+3%
|
634
+3%
|
816
+29%
|
850
+4%
|
713
-16%
|
892
+25%
|
764
-14%
|
769
+1%
|
805
+5%
|
831
+3%
|
818
-2%
|
828
+1%
|
813
-2%
|
803
-1%
|
809
+1%
|
|
| Operating Income | ||||||||||||||||||||||||||||
| Operating Expenses |
(274)
|
(300)
|
(320)
|
(343)
|
(350)
|
(501)
|
(531)
|
(510)
|
(427)
|
(554)
|
(547)
|
(521)
|
(551)
|
(572)
|
(729)
|
(741)
|
(598)
|
(761)
|
(640)
|
(654)
|
(663)
|
(669)
|
(674)
|
(673)
|
(686)
|
(689)
|
(694)
|
|
| Selling, General & Administrative |
(222)
|
(206)
|
(211)
|
(233)
|
(309)
|
(285)
|
(345)
|
(420)
|
(384)
|
(454)
|
(442)
|
(410)
|
(500)
|
(454)
|
(580)
|
(587)
|
(547)
|
(597)
|
(501)
|
(518)
|
(609)
|
(539)
|
(540)
|
(539)
|
(632)
|
(547)
|
(554)
|
|
| Depreciation & Amortization |
(52)
|
(48)
|
(60)
|
(58)
|
(41)
|
(41)
|
(41)
|
(42)
|
(43)
|
(46)
|
(48)
|
(50)
|
(51)
|
(51)
|
(63)
|
(63)
|
(51)
|
(62)
|
(53)
|
(55)
|
(55)
|
(57)
|
(57)
|
(56)
|
(54)
|
(53)
|
(52)
|
|
| Other Operating Expenses |
(0)
|
(47)
|
(50)
|
(53)
|
1
|
(175)
|
(145)
|
(48)
|
0
|
(54)
|
(57)
|
(61)
|
0
|
(67)
|
(87)
|
(91)
|
(0)
|
(102)
|
(87)
|
(81)
|
0
|
(73)
|
(76)
|
(77)
|
0
|
(88)
|
(88)
|
|
| Operating Income |
37
N/A
|
43
+16%
|
28
-34%
|
44
+55%
|
69
+58%
|
51
-26%
|
38
-25%
|
40
+4%
|
61
+54%
|
76
+24%
|
88
+16%
|
79
-10%
|
67
-15%
|
62
-7%
|
87
+39%
|
109
+26%
|
115
+5%
|
131
+14%
|
124
-6%
|
115
-7%
|
142
+24%
|
163
+15%
|
144
-12%
|
156
+8%
|
127
-18%
|
115
-10%
|
114
0%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||
| Interest Income Expense |
21
|
(9)
|
(7)
|
(7)
|
11
|
(7)
|
(6)
|
(5)
|
13
|
(7)
|
(8)
|
(8)
|
53
|
(4)
|
(5)
|
(7)
|
22
|
(8)
|
(6)
|
(4)
|
25
|
(2)
|
(1)
|
(0)
|
109
|
(1)
|
(2)
|
|
| Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
29
|
35
|
34
|
0
|
20
|
26
|
21
|
0
|
27
|
27
|
43
|
1
|
62
|
64
|
57
|
1
|
39
|
28
|
29
|
1
|
241
|
222
|
183
|
1
|
(92)
|
(81)
|
|
| Pre-Tax Income |
58
N/A
|
63
+8%
|
56
-12%
|
71
+27%
|
80
+14%
|
64
-21%
|
58
-9%
|
56
-3%
|
76
+36%
|
96
+25%
|
108
+13%
|
114
+6%
|
122
+6%
|
120
-1%
|
146
+21%
|
159
+9%
|
138
-13%
|
163
+18%
|
146
-10%
|
139
-5%
|
169
+21%
|
402
+138%
|
365
-9%
|
338
-7%
|
237
-30%
|
22
-91%
|
32
+47%
|
|
| Net Income | ||||||||||||||||||||||||||||
| Tax Provision |
(17)
|
(18)
|
(18)
|
(24)
|
(13)
|
(8)
|
(9)
|
1
|
(18)
|
(22)
|
(20)
|
(24)
|
(21)
|
(20)
|
(25)
|
(29)
|
(31)
|
(37)
|
(32)
|
(30)
|
(40)
|
(73)
|
(83)
|
(68)
|
(49)
|
(20)
|
(7)
|
|
| Income from Continuing Operations |
41
|
45
|
38
|
47
|
67
|
55
|
49
|
57
|
59
|
73
|
88
|
90
|
100
|
100
|
120
|
130
|
107
|
126
|
115
|
110
|
129
|
328
|
282
|
270
|
188
|
2
|
25
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
|
| Net Income (Common) |
41
N/A
|
45
+8%
|
38
-16%
|
47
+24%
|
67
+44%
|
55
-18%
|
49
-12%
|
57
+17%
|
59
+3%
|
73
+24%
|
86
+19%
|
87
+1%
|
96
+10%
|
96
+0%
|
116
+20%
|
125
+8%
|
104
-17%
|
122
+18%
|
111
-9%
|
107
-4%
|
125
+17%
|
325
+159%
|
277
-15%
|
266
-4%
|
185
-30%
|
(1)
N/A
|
23
N/A
|
|
| EPS (Diluted) |
0.34
N/A
|
0.37
+9%
|
0.31
-16%
|
0.38
+23%
|
0.55
+45%
|
0.44
-20%
|
0.36
-18%
|
0.44
+22%
|
0.47
+7%
|
0.6
+28%
|
0.72
+20%
|
0.72
N/A
|
0.77
+7%
|
0.78
+1%
|
0.96
+23%
|
1.04
+8%
|
0.83
-20%
|
0.93
+12%
|
0.91
-2%
|
0.88
-3%
|
1
+14%
|
2.58
+158%
|
2.22
-14%
|
1.99
-10%
|
1.48
-26%
|
-0.03
N/A
|
0.16
N/A
|
|