| INR millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 422.3 | 567.3 | 590.0 | 633.1 | 408.4 | 630.3 | +54.3% | |
| Depreciation & amortization | 157.1 | 215.8 | 264.3 | 341.0 | 466.7 | 624.1 | +33.7% | |
| Stock-based compensation | 122.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (47.3) | (207.9) | (67.0) | (193.0) | (374.7) | (797.8) | −112.9% | |
| Operating cash flow | 597.2 | 465.5 | 670.3 | 719.6 | 788.6 | 577.1 | −26.8% | |
| Capital expenditure | (453.2) | (745.4) | (1,007.8) | (639.7) | (1,384.2) | (950.2) | +31.4% | |
| Acquisitions | 0.0 | 0.0 | 0.0 | 0.0 | (109.8) | 0.0 | +100.0% | |
| Investing cash flow | (448.4) | (736.2) | (1,079.9) | (632.7) | (1,524.7) | (1,163.5) | +23.7% | |
| Dividends paid | (5.1) | 0.0 | (10.5) | (5.3) | (13.5) | (20.1) | −49.2% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (160.6) | 159.6 | 404.5 | (76.8) | 624.0 | 129.2 | −79.3% | |
| Financing cash flow | (183.5) | 273.6 | 399.1 | (72.2) | 961.0 | 389.1 | −59.5% | |
| Free cash flow | 144.0 | (279.9) | (337.5) | 79.9 | (595.6) | (373.1) | +37.4% | |
| Net change in cash | (34.7) | 2.9 | (10.5) | 14.8 | 225.0 | (197.3) | −187.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
