| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 3.3 | 3.5 | 4.6 | 2.9 | 4.0 | 3.9 | −1.0% | |
| Depreciation & amortization | 4.3 | 6.7 | 7.0 | 9.4 | 0.0 | 11.4 | — | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 2.0 | 0.4 | (0.3) | 1.8 | (0.1) | 2.6 | +2693.8% | |
| Operating cash flow | 11.0 | 10.6 | 10.9 | 13.8 | 14.7 | 17.4 | +18.4% | |
| Capital expenditure | (55.6) | (12.0) | (18.4) | (32.3) | (7.6) | (39.0) | −411.4% | |
| Acquisitions | (3.1) | (1.0) | 3.4 | (20.4) | 0.0 | 0.0 | −82.1% | |
| Investing cash flow | (59.3) | (16.3) | (21.7) | (61.5) | (18.3) | (30.6) | −67.5% | |
| Dividends paid | (7.1) | (8.9) | (9.2) | (10.2) | (12.0) | (14.0) | −17.1% | |
| Share buybacks | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 77.3 | (12.0) | 11.4 | 46.6 | 7.6 | 8.0 | +6.5% | |
| Financing cash flow | 70.2 | (8.5) | 2.2 | 46.9 | 2.3 | 13.0 | +467.7% | |
| Free cash flow | (44.6) | (1.4) | (7.5) | (18.5) | 7.1 | (21.6) | −404.2% | |
| Net change in cash | 22.0 | (14.2) | (8.7) | (0.8) | (1.3) | 2.4 | +291.1% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
