| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 39.9 | 51.6 | 19.2 | 35.8 | 59.2 | 47.3 | −20.2% | |
| Depreciation & amortization | 11.6 | 11.5 | 13.1 | 16.3 | 24.8 | 35.7 | +44.1% | |
| Stock-based compensation | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 7.6 | (3.3) | (8.1) | 1.9 | (34.0) | (18.5) | +45.7% | |
| Operating cash flow | 48.3 | 53.1 | 5.9 | 64.4 | 22.4 | 55.4 | +147.7% | |
| Capital expenditure | (17.3) | (23.3) | (33.9) | (44.8) | (86.9) | (63.4) | +27.0% | |
| Acquisitions | 0.2 | 3.2 | 0.0 | (17.9) | (43.1) | (62.3) | −44.6% | |
| Investing cash flow | (13.2) | (20.1) | (115.8) | (99.8) | (75.3) | (82.7) | −9.8% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | (4.9) | (4.9) | +0.2% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | — | — | — | — | (11.7) | (6.5) | +44.6% | |
| Financing cash flow | (39.6) | (5.2) | 23.4 | 59.2 | 55.9 | (14.8) | −126.4% | |
| Free cash flow | 31.0 | 29.8 | (28.0) | 19.6 | (64.5) | (8.0) | +87.6% | |
| Net change in cash | (4.4) | 27.9 | (64.7) | 24.6 | 3.0 | (41.3) | −1473.8% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
