| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 14.1 | 11.6 | 13.2 | 8.3 | 6.8 | 11.4 | +66.9% | |
| Depreciation & amortization | 12.6 | 12.4 | 13.1 | 15.0 | 13.3 | 13.5 | +1.4% | |
| Stock-based compensation | 0.0 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 7.8 | (5.2) | (0.8) | 0.5 | (2.3) | (6.6) | −186.5% | |
| Operating cash flow | 36.0 | 19.4 | 22.5 | 26.4 | 21.2 | 19.0 | −10.3% | |
| Capital expenditure | (10.5) | (17.7) | (27.1) | (28.3) | (26.6) | (20.6) | +22.8% | |
| Acquisitions | (0.7) | 0.4 | 0.1 | 6.0 | 0.0 | 0.2 | — | |
| Investing cash flow | (2.8) | (10.5) | (23.3) | (27.5) | (22.7) | (30.9) | −36.1% | |
| Dividends paid | 0.0 | (1.0) | (1.7) | (1.7) | (1.7) | (1.7) | +0.0% | |
| Share buybacks | (3.3) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (25.3) | (5.8) | 6.7 | 8.9 | 6.5 | 15.3 | +136.3% | |
| Financing cash flow | (33.7) | (9.4) | 1.7 | 2.2 | (0.4) | 12.5 | +3315.4% | |
| Free cash flow | 25.5 | 1.7 | (4.6) | (1.9) | (5.5) | (1.6) | +71.3% | |
| Net change in cash | (0.1) | (0.6) | 0.9 | 1.1 | (1.9) | 0.7 | +136.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
