| INR millions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 154.1 | 210.4 | 353.6 | 172.5 | 180.1 | 58.4 | −67.6% | |
| Depreciation & amortization | 157.9 | 160.3 | 174.7 | 159.5 | 201.1 | 199.8 | −0.7% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 13.5 | 0.0 | −100.0% | |
| Change in working capital | (82.4) | 65.8 | (121.9) | (267.9) | (103.6) | 159.6 | +254.0% | |
| Operating cash flow | 318.5 | 492.1 | 381.7 | 162.8 | 411.5 | 368.1 | −10.5% | |
| Capital expenditure | (64.8) | (152.3) | (366.7) | (739.2) | (408.0) | (443.9) | −8.8% | |
| Acquisitions | 0.1 | 0.0 | 0.0 | 0.0 | 7.3 | 56.2 | +667.3% | |
| Investing cash flow | (58.8) | (145.7) | (362.0) | (730.1) | (399.3) | (565.2) | −41.6% | |
| Dividends paid | (0.2) | (1.7) | (0.6) | (0.5) | (0.6) | (0.6) | +2.5% | |
| Share buybacks | 0.0 | 0.0 | 4.8 | 0.0 | 0.0 | 0.0 | — | |
| Debt issued / repaid | (94.9) | (302.4) | 84.7 | 473.7 | 67.8 | 76.8 | +13.3% | |
| Financing cash flow | (259.7) | (329.7) | 5.5 | 595.3 | (91.0) | 410.8 | +551.2% | |
| Free cash flow | 253.7 | 339.8 | 15.0 | (576.5) | 3.6 | (75.7) | −2221.6% | |
| Net change in cash | (0.7) | 20.3 | 30.0 | 31.8 | (76.5) | 413.7 | +640.6% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
