| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 6.2 | 12.8 | 16.8 | 0.6 | 23.5 | 12.4 | −47.3% | |
| Depreciation & amortization | 2.4 | 3.4 | 3.0 | 3.7 | 4.3 | 5.0 | +16.5% | |
| Stock-based compensation | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | −100.0% | |
| Change in working capital | (9.6) | (27.2) | (58.9) | (53.1) | (71.4) | (108.5) | −52.0% | |
| Operating cash flow | (6.7) | (17.6) | (44.1) | (42.8) | (51.5) | (118.3) | −129.6% | |
| Capital expenditure | (7.4) | (5.2) | (8.3) | (12.0) | (7.8) | (10.3) | −31.7% | |
| Acquisitions | (9.7) | (5.0) | (4.1) | (1.2) | (1.2) | (4.4) | −261.5% | |
| Investing cash flow | (51.5) | 0.4 | 17.8 | (27.5) | (46.0) | (9.8) | +78.6% | |
| Dividends paid | (0.5) | (0.6) | (0.7) | (0.7) | (0.7) | (0.7) | −10.1% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 28.3 | 40.8 | 50.7 | 93.8 | 91.1 | 123.9 | +35.9% | |
| Financing cash flow | 57.7 | 19.2 | 35.3 | 72.2 | 106.9 | 122.2 | +14.3% | |
| Free cash flow | (14.1) | (22.8) | (52.4) | (54.8) | (59.3) | (128.6) | −116.7% | |
| Net change in cash | (0.5) | 2.1 | 9.8 | 2.9 | 9.8 | 40.8 | +318.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
