| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 53.2 | 47.0 | 103.2 | 134.9 | 196.2 | 146.8 | −25.2% | |
| Depreciation & amortization | 30.3 | 27.9 | 28.3 | 52.6 | 56.1 | 67.4 | +20.2% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 43.4 | (28.1) | 3.7 | 17.2 | (3.8) | 16.3 | +531.9% | |
| Operating cash flow | 88.6 | 18.4 | 92.5 | 168.0 | 161.4 | 192.7 | +19.4% | |
| Capital expenditure | (23.7) | (34.6) | (63.5) | (92.0) | (106.4) | (101.2) | +4.9% | |
| Acquisitions | (0.9) | (1.5) | (1.5) | 0.0 | (0.2) | 0.5 | +388.9% | |
| Investing cash flow | (72.9) | (2.4) | (80.4) | (118.6) | (144.6) | (151.0) | −4.4% | |
| Dividends paid | (18.1) | (13.6) | (18.1) | (27.2) | (39.3) | (42.4) | −8.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 3.8 | (1.1) | 7.8 | (11.8) | (0.3) | 0.0 | +100.0% | |
| Financing cash flow | (15.4) | (16.1) | (12.1) | (40.6) | (41.6) | (42.9) | −3.2% | |
| Free cash flow | 64.9 | (16.2) | 29.0 | 76.0 | 55.0 | 91.5 | +66.4% | |
| Net change in cash | 0.2 | (0.1) | 0.0 | 8.7 | (24.8) | 13.9 | +156.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
