| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 309.2 | 487.6 | 744.9 | 901.9 | 1,049.1 | 833.0 | −20.6% | |
| Depreciation & amortization | 37.1 | 36.9 | 37.0 | 38.5 | 39.9 | 0.0 | −100.0% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | 80.0 | (176.2) | (1,753.6) | (522.2) | (513.7) | 615.5 | +219.8% | |
| Operating cash flow | 899.2 | 576.9 | (860.1) | 216.3 | 484.9 | 1,633.9 | +237.0% | |
| Capital expenditure | (39.1) | (33.1) | (40.4) | (41.8) | (56.4) | (83.6) | −48.4% | |
| Acquisitions | 0.9 | (5.7) | 0.0 | (0.8) | (0.1) | 0.0 | +100.0% | |
| Investing cash flow | (37.4) | (36.2) | (40.4) | (42.5) | (56.3) | (9,098.2) | −16046.6% | |
| Dividends paid | 0.0 | (35.7) | (63.4) | (100.8) | (122.3) | (142.3) | −16.4% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | 105.3 | 35.6 | 174.1 | 58.8 | 64.0 | 1,664.4 | +2502.3% | |
| Financing cash flow | 71.4 | (38.4) | 63.9 | (99.0) | (137.4) | 7,804.1 | +5780.2% | |
| Free cash flow | 860.1 | 543.9 | (900.6) | 174.6 | 428.5 | 1,550.3 | +261.8% | |
| Net change in cash | 933.9 | 512.0 | (805.9) | 82.6 | 313.6 | 0.0 | −100.0% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
