| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 15.5 | 5.6 | 30.4 | 18.3 | 32.5 | 24.2 | −25.7% | |
| Depreciation & amortization | 12.8 | 13.4 | 12.8 | 13.8 | 15.0 | 16.1 | +7.7% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Change in working capital | (2.5) | (1.6) | (9.2) | 2.4 | (3.9) | 5.4 | +239.7% | |
| Operating cash flow | 29.9 | 31.7 | 34.6 | 42.6 | 48.0 | 45.4 | −5.5% | |
| Capital expenditure | (13.0) | (18.1) | (28.2) | (36.6) | (43.3) | (77.0) | −77.9% | |
| Acquisitions | 0.0 | (5.2) | 0.3 | (0.2) | 0.9 | (1.3) | −247.7% | |
| Investing cash flow | (9.1) | (24.8) | (32.2) | (35.4) | (36.4) | (82.0) | −125.2% | |
| Dividends paid | (2.7) | (7.0) | (10.6) | (7.7) | (9.0) | (10.2) | −13.3% | |
| Share buybacks | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (10.9) | 6.9 | 13.9 | 10.8 | (28.6) | 50.2 | +275.5% | |
| Financing cash flow | (20.6) | (5.0) | (3.4) | (5.5) | (12.2) | 41.4 | +440.3% | |
| Free cash flow | 16.9 | 13.6 | 6.4 | 6.0 | 4.7 | (31.7) | −766.9% | |
| Net change in cash | 0.2 | 1.8 | (1.0) | 1.6 | (0.6) | 5.3 | +951.3% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
