| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 142.0 | 91.4 | (99.8) | 205.0 | 67.4 | 180.5 | +167.9% | |
| Depreciation & amortization | 36.3 | 40.0 | 45.6 | 56.0 | 61.5 | 73.5 | +19.4% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 28.9 | 55.5 | 13.2 | (27.7) | (44.4) | 50.0 | +212.6% | |
| Operating cash flow | 178.3 | 158.1 | (34.7) | 238.5 | 142.3 | 330.2 | +132.1% | |
| Capital expenditure | (116.7) | (123.4) | (94.5) | (100.7) | (95.8) | (83.3) | +13.0% | |
| Acquisitions | 0.6 | 3.2 | 1.0 | 0.0 | 0.0 | 1.2 | — | |
| Investing cash flow | (122.8) | (137.4) | (113.8) | (130.2) | (105.6) | (121.1) | −14.7% | |
| Dividends paid | (14.8) | (32.2) | (19.9) | (21.3) | (23.4) | (33.0) | −41.2% | |
| Share buybacks | (19.1) | (10.4) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 2.9 | 39.2 | 212.5 | (99.5) | 25.9 | (153.3) | −691.6% | |
| Financing cash flow | (47.1) | (20.7) | 160.3 | (161.6) | (41.4) | (189.8) | −358.6% | |
| Free cash flow | 61.6 | 34.7 | (129.1) | 137.8 | 46.5 | 246.9 | +431.1% | |
| Net change in cash | 8.4 | (0.0) | 11.8 | (53.2) | (4.7) | (0.8) | +82.7% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
