| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 16.8 | (13.7) | 7.2 | 24.2 | 32.8 | 53.3 | +62.5% | |
| Depreciation & amortization | 8.9 | 16.6 | 8.8 | 10.0 | 11.7 | 12.6 | +8.0% | |
| Stock-based compensation | 0.5 | 0.6 | 0.6 | 0.4 | 0.4 | 0.0 | −100.0% | |
| Change in working capital | (1.9) | (0.2) | 3.3 | 0.9 | (14.1) | 6.3 | +144.9% | |
| Operating cash flow | 18.2 | 3.7 | 19.0 | 36.5 | 30.0 | 71.9 | +139.7% | |
| Capital expenditure | (6.8) | (9.1) | (15.0) | (9.3) | (16.8) | (20.5) | −22.1% | |
| Acquisitions | 0.0 | (1.5) | (2.9) | (1.5) | (0.5) | 1.4 | +408.3% | |
| Investing cash flow | (12.4) | 12.9 | (12.9) | (17.1) | (41.7) | (40.8) | +2.2% | |
| Dividends paid | (2.7) | (3.0) | (1.8) | (1.8) | (3.7) | (5.5) | −50.1% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (13.7) | (10.8) | 1.7 | (16.2) | 24.3 | 2.8 | −88.5% | |
| Financing cash flow | (18.9) | (15.7) | (3.4) | (21.8) | 17.3 | (4.8) | −128.0% | |
| Free cash flow | 11.4 | (5.4) | 4.0 | 27.2 | 13.2 | 51.4 | +289.8% | |
| Net change in cash | (13.0) | 0.9 | 2.7 | (2.5) | 5.6 | 29.0 | +417.5% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
