| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 77.3 | 154.6 | 72.6 | 99.0 | 161.0 | 97.3 | −39.6% | |
| Depreciation & amortization | 21.7 | 24.2 | 27.0 | 37.1 | 38.0 | 38.4 | +0.9% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 24.2 | (35.5) | (34.3) | 11.7 | 0.8 | 6.5 | +720.1% | |
| Operating cash flow | 89.9 | 96.3 | 32.0 | 125.9 | 157.4 | 112.5 | −28.5% | |
| Capital expenditure | (57.0) | (69.7) | (88.3) | (125.0) | (79.3) | (88.1) | −11.1% | |
| Acquisitions | 1.3 | 4.1 | 4.5 | 33.9 | 3.1 | (11.0) | −453.4% | |
| Investing cash flow | (46.9) | (56.5) | (76.4) | (82.7) | (67.4) | (91.5) | −35.9% | |
| Dividends paid | (22.4) | (40.0) | (30.7) | (36.2) | (42.8) | (39.4) | +7.7% | |
| Share buybacks | (12.8) | 0.0 | (13.3) | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 5.7 | 6.2 | 84.4 | 23.3 | (23.0) | 36.6 | +258.9% | |
| Financing cash flow | (34.7) | (39.2) | 29.7 | (34.6) | (89.4) | (27.5) | +69.2% | |
| Free cash flow | 33.0 | 26.6 | (56.3) | 0.8 | 78.1 | 24.4 | −68.7% | |
| Net change in cash | 8.8 | 0.1 | (12.8) | 9.0 | 1.7 | (3.6) | −309.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
