| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 105.7 | 141.0 | 152.9 | 77.6 | 135.5 | 185.1 | +36.6% | |
| Depreciation & amortization | 25.3 | 29.2 | 32.6 | 34.7 | 36.4 | 37.9 | +4.1% | |
| Stock-based compensation | 0.1 | 0.1 | 0.2 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 6.4 | (12.0) | 5.6 | 14.1 | 0.7 | (6.2) | −1050.8% | |
| Operating cash flow | 105.7 | 126.9 | 151.3 | 133.5 | 141.6 | 170.1 | +20.1% | |
| Capital expenditure | (24.8) | (30.0) | (35.6) | (38.7) | (40.1) | (52.8) | −31.7% | |
| Acquisitions | 15.2 | (28.8) | (86.7) | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (24.4) | 8.5 | 65.6 | (34.1) | (27.1) | (89.1) | −229.1% | |
| Dividends paid | (159.7) | (76.1) | (319.0) | (54.9) | (122.5) | (42.3) | +65.5% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 65.2 | (43.2) | 89.8 | (33.5) | 21.9 | (23.9) | −209.5% | |
| Financing cash flow | (97.0) | (122.6) | (232.2) | (99.5) | (114.1) | (79.0) | +30.8% | |
| Free cash flow | 80.9 | 96.9 | 115.7 | 94.8 | 101.5 | 117.3 | +15.6% | |
| Net change in cash | (15.7) | 12.8 | (15.3) | (0.1) | 0.4 | 2.0 | +367.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
