Cash Flow Statement

Currency: INR

	Mar-2021	Sep-2021	Mar-2022	Sep-2022	Mar-2023	Sep-2023	Mar-2024	Sep-2024	Mar-2025	Sep-2025
Operating Cash Flow
Net Income	648	773	822	978	1 402	1 380	730	516	716	605
Depreciation & Amortization	126	134	143	162	187	213	232	257	322	355
Other Non-Cash Items	59	39	30	27	113	215	205	197	198	205
Cash Taxes Paid	117	187	180	236	323	313	213	171	134	132
Cash Interest Paid	77	95	98	112	151	207	232	219	222	241
Change in Working Capital	(747)	(966)	(1 293)	(1 516)	(1 628)	(2 211)	(593)	456	(224)	56
Cash from Operating Activities	86 N/A	(20) N/A	(298) -1 380%	(349) -17%	74 N/A	(404) N/A	574 N/A	1 425 +148%	1 013 -29%	1 221 +21%
Investing Cash Flow
Capital Expenditures	(228)	(471)	(911)	(1 170)	(1 084)	(859)	(942)	(992)	(1 003)	(856)
Other Items	7	(570)	(539)	117	217	90	385	437	(24)	(20)
Cash from Investing Activities	(222) N/A	(1 040) -370%	(1 450) -39%	(1 053) +27%	(867) +18%	(769) +11%	(556) +28%	(555) +0%	(1 027) -85%	(876) +15%
Financing Cash Flow
Net Issuance of Common Stock	2 088	2 127	0	0	0	0	0	0	0	0
Net Issuance of Debt	(122)	130	789	783	457	1 147	476	(660)	(137)	(80)
Cash Paid for Dividends	(80)	(173)	(185)	(92)	0	0	0	0	0	0
Other	(85)	(86)	(64)	(91)	(137)	(197)	(223)	(211)	(222)	(242)
Cash from Financing Activities	1 801 N/A	1 998 +11%	541 -73%	600 +11%	320 -47%	950 +197%	253 -73%	(871) N/A	(358) +59%	(323) +10%
Change in Cash
Effect of Foreign Exchange Rates	1	1	0	2	0	0	0	0	0	0
Net Change in Cash	1 667 N/A	939 -44%	(1 207) N/A	(799) +34%	(473) +41%	(222) +53%	270 N/A	(1) N/A	(373) -33 505%	22 N/A
Free Cash Flow
Free Cash Flow	(142) N/A	(491) -245%	(1 209) -146%	(1 518) -26%	(1 010) +34%	(1 263) -25%	(368) +71%	433 N/A	9 -98%	364 +3 772%

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