| INR millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 705.9 | 1,126.9 | 1,022.9 | 862.1 | 853.6 | 754.5 | −11.6% | |
| Depreciation & amortization | 312.2 | 333.0 | 390.0 | 532.6 | 699.6 | 857.6 | +22.6% | |
| Stock-based compensation | 0.0 | 0.0 | 4.7 | 11.5 | 0.0 | 0.0 | — | |
| Change in working capital | 94.1 | (387.7) | (425.4) | (122.3) | (123.9) | (474.2) | −282.7% | |
| Operating cash flow | 1,115.1 | 1,061.5 | 899.9 | 1,397.9 | 1,485.7 | 976.4 | −34.3% | |
| Capital expenditure | (187.1) | (1,091.9) | (2,677.8) | (1,572.8) | (2,023.8) | (598.3) | +70.4% | |
| Acquisitions | 2.2 | (322.5) | 32.2 | 0.0 | 10.3 | 4.1 | −60.0% | |
| Investing cash flow | (327.7) | (1,402.8) | (2,604.0) | (1,522.8) | (1,498.9) | (585.0) | +61.0% | |
| Dividends paid | 0.0 | 0.0 | (24.1) | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (600.2) | 207.7 | 1,687.7 | 652.2 | 545.3 | (434.6) | −179.7% | |
| Financing cash flow | (36.7) | 49.9 | 1,485.5 | 346.9 | 507.4 | (474.4) | −193.5% | |
| Free cash flow | 928.0 | (30.4) | (1,777.9) | (175.0) | (538.2) | 378.1 | +170.3% | |
| Net change in cash | 750.7 | (299.8) | (218.6) | 222.0 | 594.9 | (26.4) | −104.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
