| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | (442.5) | (282.3) | (293.0) | (312.4) | (273.8) | 345.5 | +226.2% | |
| Depreciation & amortization | 236.4 | 235.8 | 230.5 | 226.3 | 219.7 | 221.1 | +0.6% | |
| Stock-based compensation | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (14.4) | (3.4) | 6.3 | 6.4 | (92.6) | (0.5) | +99.5% | |
| Operating cash flow | 156.4 | 173.9 | 188.7 | 208.3 | 76.5 | 174.5 | +128.0% | |
| Capital expenditure | (52.8) | (61.1) | (56.2) | (16.1) | (100.1) | (109.8) | −9.7% | |
| Acquisitions | 37.5 | 0.8 | (0.3) | 0.0 | 1.7 | 1.7 | −2.8% | |
| Investing cash flow | 10.8 | (57.3) | (54.1) | (19.1) | (167.0) | (69.2) | +58.5% | |
| Dividends paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (43.5) | (53.1) | (51.1) | (74.0) | (17.1) | 16.7 | +197.6% | |
| Financing cash flow | (167.3) | (105.5) | (146.8) | (189.8) | 91.4 | (86.8) | −195.0% | |
| Free cash flow | 103.6 | 112.7 | 132.5 | 192.1 | (23.5) | 64.7 | +375.1% | |
| Net change in cash | (0.2) | 11.0 | (12.2) | (0.6) | (0.0) | 54.3 | +417423.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
