| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 240.5 | 335.7 | 458.3 | 442.6 | 510.3 | 542.1 | +6.2% | |
| Depreciation & amortization | 14.7 | 14.8 | 16.5 | 20.0 | 26.9 | 0.0 | −100.0% | |
| Stock-based compensation | 0.1 | 2.7 | 5.2 | 7.0 | 7.9 | 0.0 | −100.0% | |
| Change in working capital | 1,019.9 | 175.2 | (490.9) | 321.7 | (1,340.4) | 357.6 | +126.7% | |
| Operating cash flow | 1,380.2 | 581.1 | (37.7) | 858.2 | (752.5) | 1,031.4 | +237.1% | |
| Capital expenditure | (16.9) | (18.6) | (24.7) | (36.8) | (47.7) | (37.3) | +21.8% | |
| Acquisitions | 0.1 | 1.2 | 2.9 | 0.0 | 0.6 | 1.8 | +183.1% | |
| Investing cash flow | (629.9) | (393.2) | (680.1) | (1,459.3) | (772.9) | (2,372.1) | −206.9% | |
| Dividends paid | 0.0 | (13.9) | (34.8) | (56.0) | (70.4) | (78.5) | −11.5% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (701.3) | 180.4 | 273.3 | 181.9 | 111.9 | 18.3 | −83.6% | |
| Financing cash flow | (546.7) | 174.5 | 247.9 | 2,467.6 | 2,036.5 | 1,837.2 | −9.8% | |
| Free cash flow | 1,363.3 | 562.5 | (62.4) | 821.4 | (800.2) | 994.1 | +224.2% | |
| Net change in cash | 197.2 | 355.6 | (466.7) | 1,870.7 | 512.5 | 0.0 | −100.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
