| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 98.6 | 112.7 | 168.1 | 81.5 | 237.5 | 98.0 | −58.7% | |
| Depreciation & amortization | 5.0 | 5.6 | 6.8 | 9.0 | 11.7 | 12.9 | +10.3% | |
| Stock-based compensation | 1.8 | 2.6 | 3.4 | 3.9 | 5.5 | 0.0 | −100.0% | |
| Change in working capital | 9.6 | (427.2) | (494.5) | (802.9) | (804.0) | (783.5) | +2.5% | |
| Operating cash flow | 45.5 | (336.7) | (394.8) | (675.2) | (621.1) | (511.8) | +17.6% | |
| Capital expenditure | (4.7) | (9.1) | (12.2) | (9.6) | (18.6) | (10.1) | +45.6% | |
| Acquisitions | 0.3 | 2.7 | (0.9) | 1.2 | (2.3) | (8.2) | −249.8% | |
| Investing cash flow | (36.8) | 14.5 | (139.5) | (121.2) | (79.9) | (126.3) | −58.2% | |
| Dividends paid | (0.8) | (4.0) | (7.4) | (11.8) | (15.4) | (18.5) | −19.8% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (25.1) | — | |
| Debt issued / repaid | (24.3) | 279.8 | 382.8 | 603.1 | 546.3 | 731.0 | +33.8% | |
| Financing cash flow | 16.9 | 323.3 | 510.2 | 827.1 | 701.9 | 666.1 | −5.1% | |
| Free cash flow | 40.8 | (345.8) | (407.0) | (684.8) | (639.8) | (521.9) | +18.4% | |
| Net change in cash | 25.5 | 1.0 | (24.1) | 30.7 | 0.9 | 116.4 | +12622.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
