| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 62.9 | 55.4 | 54.9 | 81.1 | 130.3 | 128.1 | −1.7% | |
| Depreciation & amortization | 21.1 | 27.4 | 34.2 | 38.9 | 43.8 | 55.2 | +26.0% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 4.1 | 6.7 | (8.5) | (1.6) | (3.7) | (30.0) | −710.3% | |
| Operating cash flow | 75.6 | 98.0 | 119.3 | 150.2 | 172.3 | 182.1 | +5.7% | |
| Capital expenditure | (23.5) | (37.5) | (91.2) | (74.2) | (80.5) | (153.2) | −90.3% | |
| Acquisitions | (134.4) | (31.6) | (144.3) | (32.7) | (51.5) | 23.2 | +144.9% | |
| Investing cash flow | (141.4) | (52.8) | (196.0) | (69.5) | (97.9) | (141.4) | −44.5% | |
| Dividends paid | (0.0) | (10.3) | (10.9) | (10.8) | (13.4) | (15.4) | −14.9% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 54.9 | 75.3 | 3.5 | (41.3) | (28.6) | (2.2) | +92.3% | |
| Financing cash flow | 35.1 | (5.9) | (27.3) | (78.0) | (69.2) | (23.9) | +65.5% | |
| Free cash flow | 52.0 | 60.5 | 28.1 | 76.0 | 91.8 | 28.9 | −68.5% | |
| Net change in cash | (29.9) | 58.4 | (77.4) | 4.5 | 18.3 | 37.9 | +107.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
