| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 43.7 | 89.9 | 131.4 | 63.4 | 65.5 | 66.2 | +1.1% | |
| Depreciation & amortization | 18.4 | 18.2 | 19.5 | 22.0 | 32.1 | 27.1 | −15.5% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (10.9) | (13.9) | (21.1) | (6.8) | (2.6) | (19.7) | −669.0% | |
| Operating cash flow | 52.4 | 93.1 | 114.1 | 109.3 | 113.3 | 112.1 | −1.1% | |
| Capital expenditure | (31.3) | (59.7) | (85.2) | (120.6) | (129.7) | (85.6) | +34.0% | |
| Acquisitions | 16.6 | (48.4) | (52.3) | 0.0 | 0.0 | 0.0 | — | |
| Investing cash flow | (85.2) | (41.9) | (91.3) | (126.0) | (135.1) | (117.0) | +13.4% | |
| Dividends paid | (25.9) | (13.8) | (24.9) | (21.0) | (21.1) | (22.6) | −7.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 70.7 | (35.0) | 9.3 | 48.4 | 57.3 | 45.0 | −21.4% | |
| Financing cash flow | 37.0 | (56.2) | (25.2) | 16.4 | 24.8 | 12.0 | −51.7% | |
| Free cash flow | 21.2 | 33.4 | 28.9 | (11.3) | (16.4) | 26.5 | +262.1% | |
| Net change in cash | 4.2 | (5.0) | (2.4) | (0.3) | 3.0 | 49.4 | +1543.2% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
