Trade Wings Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	38.03	31.12	33.33	-31.51	-72.32
Depreciation & Amortization	21.68	15.04	13.87	13.86	14.35
Loss (Gain) From Sale of Assets	-	0.95	0.04	-	-
Loss (Gain) on Equity Investments	0.39	-	-0.03	-1.2	-0.13
Other Operating Activities	30.29	36.33	24.21	33.23	56.71
Change in Accounts Receivable	-29.39	21.83	-9.14	-53.52	63.99
Change in Inventory	0.07	-2.17	1.4	2.38	6.95
Change in Accounts Payable	-13.52	1.6	2.11	38.55	6.23
Change in Other Net Operating Assets	26.71	-56.93	-12.6	30.61	-30.07
Operating Cash Flow	74.27	47.76	53.18	32.4	45.72
Operating Cash Flow Growth	55.52%	-10.20%	64.13%	-29.14%	-16.43%
Capital Expenditures	-11.59	-32.17	-4.47	-1.41	-6.14
Sale of Property, Plant & Equipment	0.09	0.19	0.3	-	6.18
Other Investing Activities	-2.18	1.52	1.44	2.12	3.96
Investing Cash Flow	-13.68	-30.46	-2.73	0.71	4
Other Financing Activities	-29.5	-34.2	-38.07	-35.54	-38.82
Financing Cash Flow	-29.5	-34.2	-38.07	-35.54	-38.82
Miscellaneous Cash Flow Adjustments	-	-0	-0	-	-
Net Cash Flow	31.09	-16.9	12.39	-2.43	10.91
Free Cash Flow	62.69	15.59	48.71	30.99	39.59
Free Cash Flow Growth	302.20%	-68.00%	57.20%	-21.72%	121.43%
Free Cash Flow Margin	2.50%	0.64%	2.27%	3.56%	10.56%
Free Cash Flow Per Share	20.90	5.20	16.24	10.33	13.20
Cash Interest Paid	29.67	34.2	38.07	35.54	38.82
Cash Income Tax Paid	-0.8	0.92	-1.76	5.3	-13.46
Levered Free Cash Flow	22.98	11.68	29.86	72.67	85.1
Unlevered Free Cash Flow	41.52	33.13	53.65	94.89	109.37
Change in Working Capital	-16.12	-35.68	-18.23	18.01	47.11

Source: S&P Global Market Intelligence. Standard template. Financial Sources.