| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 213.4 | 492.9 | 340.5 | 492.2 | 362.3 | 414.2 | +14.4% | |
| Depreciation & amortization | 255.4 | 260.2 | 258.9 | 322.2 | 428.1 | 373.9 | −12.7% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (39.4) | 36.7 | 87.1 | (95.0) | 13.7 | 75.4 | +450.4% | |
| Operating cash flow | 471.9 | 782.5 | 860.6 | 992.6 | 908.7 | 1,128.6 | +24.2% | |
| Capital expenditure | (430.0) | (445.3) | (509.3) | (519.0) | (556.8) | (412.8) | +25.9% | |
| Acquisitions | (25.3) | (24.5) | (34.1) | (35.3) | (11.6) | (6.4) | +44.3% | |
| Investing cash flow | (390.9) | (413.3) | (750.9) | (572.7) | (430.2) | (677.9) | −57.6% | |
| Dividends paid | (31.0) | (129.2) | (176.1) | (128.9) | (169.8) | (169.8) | +0.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 53.0 | (129.9) | 174.3 | (154.2) | (73.9) | (159.7) | −116.1% | |
| Financing cash flow | (82.4) | (357.9) | (128.8) | (456.5) | (479.1) | (463.6) | +3.2% | |
| Free cash flow | 42.0 | 337.2 | 351.3 | 473.6 | 351.9 | 715.8 | +103.4% | |
| Net change in cash | (2.0) | 12.6 | (15.0) | (35.9) | 0.6 | 219.1 | +36843.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
