IGC Pharma, Inc. (IGC)

IGC Pharma Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	1.27	1.35	0.91	0.4	0.9
Revenue Growth (YoY)	-5.50%	47.64%	129.47%	-55.79%	-77.95%
Cost of Revenue	0.65	0.61	0.47	0.2	0.79
Gross Profit	0.62	0.73	0.44	0.19	0.11
Selling, General & Admin	4.41	6.76	8.55	12.46	7.91
Research & Development	3.66	3.77	3.46	2.33	0.93
Operating Expenses	8.07	10.53	12.01	14.79	8.84
Operating Income	-7.45	-9.8	-11.57	-14.6	-8.72
Other Non Operating Income (Expenses)	0.3	0.1	0.1	0.03	0.08
EBT Excluding Unusual Items	-7.15	-9.7	-11.47	-14.56	-8.64
Gain (Loss) on Sale of Investments	-	-	-	-0.05	-0.17
Gain (Loss) on Sale of Assets	0.03	0.04	-0.04	-	-
Asset Writedown	-	-3.35	-	-0.83	-
Other Unusual Items	-	-	-	0.43	-
Pretax Income	-7.12	-13	-11.51	-15.02	-8.81
Earnings From Continuing Operations	-7.12	-13	-11.51	-15.02	-8.81
Net Income	-7.12	-13	-11.51	-15.02	-8.81
Net Income to Common	-7.12	-13	-11.51	-15.02	-8.81
Shares Outstanding (Basic)	77	59	53	50	42
Shares Outstanding (Diluted)	77	59	53	50	42
Shares Change (YoY)	30.04%	11.91%	5.17%	19.13%	6.26%
EPS (Basic)	-0.09	-0.22	-0.22	-0.30	-0.21
EPS (Diluted)	-0.09	-0.22	-0.22	-0.30	-0.21
Free Cash Flow	-4.91	-5.34	-7.36	-7.7	-12.27
Free Cash Flow Per Share	-0.06	-0.09	-0.14	-0.15	-0.29
Gross Margin	48.70%	54.50%	48.52%	48.87%	12.58%
Operating Margin	-585.84%	-728.48%	-1270.14%	-3676.32%	-971.49%
Profit Margin	-560.27%	-966.54%	-1263.01%	-3782.37%	-981.18%
Free Cash Flow Margin	-386.07%	-396.80%	-807.57%	-1939.04%	-1366.37%
EBITDA	-6.83	-9.16	-10.91	-13.94	-8.25
D&A For EBITDA	0.62	0.64	0.66	0.65	0.48
EBIT	-7.45	-9.8	-11.57	-14.6	-8.72

Updated Jun 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q