| INR millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (431.5) | 77.5 | 225.4 | 62.8 | 50.6 | 31.0 | −38.8% | |
| Depreciation & amortization | 392.4 | 335.8 | 383.7 | 404.4 | 405.1 | 267.9 | −33.9% | |
| Stock-based compensation | 1.7 | 0.5 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 362.9 | (250.2) | (413.0) | (258.4) | (69.7) | (251.6) | −261.0% | |
| Operating cash flow | 478.3 | 306.1 | 393.8 | 514.6 | 670.7 | 119.9 | −82.1% | |
| Capital expenditure | (34.2) | (82.8) | (150.2) | (104.2) | (119.4) | (96.1) | +19.5% | |
| Acquisitions | (7.9) | 60.4 | 260.4 | 0.0 | 1.6 | 0.9 | −44.0% | |
| Investing cash flow | (20.7) | (138.3) | 198.7 | (95.3) | (88.8) | (96.5) | −8.7% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (57.2) | (60.4) | (144.1) | (46.4) | 59.9 | 21.2 | −64.6% | |
| Financing cash flow | (445.4) | (417.8) | (628.0) | (505.1) | (415.3) | (282.8) | +31.9% | |
| Free cash flow | 444.2 | 223.4 | 243.6 | 410.4 | 551.3 | 23.8 | −95.7% | |
| Net change in cash | 12.3 | (250.0) | (35.5) | (85.8) | 166.6 | (17.0) | −110.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
