| INR billions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 7.5 | 14.3 | 18.5 | 15.0 | 22.8 | 19.4 | −14.8% | |
| Depreciation & amortization | 0.6 | 0.5 | 0.6 | 0.8 | 1.1 | 1.6 | +44.0% | |
| Stock-based compensation | 0.1 | 0.2 | 0.2 | 0.2 | 0.4 | 0.5 | +6.2% | |
| Change in working capital | (25.8) | (28.9) | (43.1) | (24.2) | (85.3) | (47.0) | +45.0% | |
| Operating cash flow | (18.8) | (16.1) | (26.0) | (6.7) | (56.2) | (17.8) | +68.4% | |
| Capital expenditure | (0.2) | (0.4) | (0.6) | (1.3) | (2.6) | (2.1) | +18.8% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +17.1% | |
| Investing cash flow | (0.2) | (0.4) | (0.7) | (1.2) | (2.6) | (2.1) | +19.1% | |
| Dividends paid | (3.9) | (4.8) | (8.0) | (7.3) | (6.9) | (5.5) | +19.9% | |
| Share buybacks | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 10.4 | 20.1 | (0.3) | 15.6 | 72.9 | (0.8) | −101.1% | |
| Financing cash flow | 5.6 | 14.2 | 31.3 | 2.7 | 57.1 | 19.7 | −65.5% | |
| Free cash flow | (19.0) | (16.5) | (26.6) | (8.0) | (58.8) | (19.9) | +66.2% | |
| Net change in cash | (13.4) | (2.3) | 4.6 | (5.3) | (1.6) | (0.1) | +91.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
