| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 72.1 | 162.9 | 28.9 | 30.7 | 23.7 | 33.7 | +42.2% | |
| Depreciation & amortization | 41.0 | 42.8 | 49.6 | 52.8 | 56.5 | 59.9 | +6.0% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 100.6 | 94.8 | (137.3) | (76.5) | (4.3) | 78.4 | +1931.6% | |
| Operating cash flow | 234.3 | 309.9 | (52.9) | 29.1 | 99.1 | 178.1 | +79.6% | |
| Capital expenditure | (35.5) | (36.7) | (39.2) | (47.1) | (62.2) | (87.6) | −40.8% | |
| Acquisitions | 0.2 | 0.0 | 0.0 | 0.0 | 8.4 | 6.6 | −21.6% | |
| Investing cash flow | (32.9) | (39.8) | (33.7) | (42.6) | (52.7) | (81.3) | −54.2% | |
| Dividends paid | (4.1) | (30.7) | (13.4) | (6.2) | (4.1) | (6.6) | −60.0% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (163.3) | (222.2) | (15.5) | 49.4 | (7.9) | (81.9) | −936.4% | |
| Financing cash flow | (198.1) | (274.0) | 85.9 | 13.6 | (44.2) | (99.5) | −124.9% | |
| Free cash flow | 198.8 | 273.2 | (92.1) | (18.0) | 14.8 | 90.5 | +512.3% | |
| Net change in cash | 3.3 | (3.9) | (0.7) | 0.1 | 2.2 | (1.8) | −180.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
