| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 23.3 | 85.7 | 121.5 | 138.0 | 234.2 | 194.3 | −17.0% | |
| Depreciation & amortization | 9.1 | 7.4 | 7.4 | 9.0 | 10.8 | 0.0 | −100.0% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (27.2) | 120.3 | (177.7) | 67.0 | (104.6) | (221.6) | −111.9% | |
| Operating cash flow | (346.8) | 363.4 | 61.1 | 312.4 | 174.8 | 72.0 | −58.8% | |
| Capital expenditure | (7.2) | (7.5) | (30.7) | (16.5) | (16.7) | (32.2) | −93.1% | |
| Acquisitions | 1.2 | (1.2) | (1.8) | 2.6 | 0.0 | (38.5) | — | |
| Investing cash flow | (6.0) | (5.6) | (25.6) | (13.9) | (18.9) | (864.9) | −4473.1% | |
| Dividends paid | 0.0 | 0.0 | (13.0) | (20.5) | (27.5) | (36.3) | −31.9% | |
| Share buybacks | (38.5) | (54.0) | (1.0) | (20.0) | 0.0 | 0.0 | — | |
| Debt issued / repaid | (209.7) | (22.8) | (86.5) | (157.6) | 5.2 | 98.1 | +1802.0% | |
| Financing cash flow | 325.0 | (7.9) | (106.5) | (114.9) | (35.5) | 441.5 | +1343.6% | |
| Free cash flow | (354.0) | 355.9 | 30.5 | 295.9 | 158.1 | 39.8 | −74.9% | |
| Net change in cash | 256.6 | 349.9 | (71.0) | 113.1 | 120.4 | 0.0 | −100.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
