Veritas (India) 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	1,136	1,869	948.13	1,047	1,094
Depreciation & Amortization	394.27	425.41	344.26	319.65	318.03
Loss (Gain) From Sale of Assets	-	6.47	-	-	-
Loss (Gain) From Sale of Investments	5.77	-9.21	2.2	-8.54	0.25
Other Operating Activities	373.46	279.08	-299.54	48.01	409.25
Change in Accounts Receivable	3,737	-431.13	-754.16	-6,600	-489.44
Change in Inventory	4.27	20.42	347.45	-784.98	-2.06
Change in Accounts Payable	5,457	-6,987	-2,054	7,312	-2,079
Change in Other Net Operating Assets	-10,818	5,386	2,272	-125.19	2,188
Operating Cash Flow	289.26	558.1	806.07	1,208	1,439
Operating Cash Flow Growth	-48.17%	-30.76%	-33.27%	-16.05%	-1.00%
Capital Expenditures	-42.86	-316.05	-21.05	-21.72	-100.91
Sale of Property, Plant & Equipment	148.94	4.2	55.52	-	0.18
Investment in Securities	74.63	-5.81	-68.17	290.67	-
Other Investing Activities	9.9	0.13	0.01	1.14	3.19
Investing Cash Flow	190.61	-317.52	-33.69	270.1	-97.54
Short-Term Debt Issued	18.27	117.7	-	-	-
Total Debt Issued	18.27	117.7	-	-	-
Long-Term Debt Repaid	-	-	-945.39	-1,415	-947.18
Total Debt Repaid	-	-	-945.39	-1,415	-947.18
Net Debt Issued (Repaid)	18.27	117.7	-945.39	-1,415	-947.18
Issuance of Common Stock	124.3	64.68	360.52	129.92	-
Common Dividends Paid	-1.34	-1.34	-1.34	-1.34	-1.34
Other Financing Activities	-406.35	-311.18	-172.71	-191.52	-349.13
Financing Cash Flow	-265.12	-130.14	-758.92	-1,478	-1,298
Net Cash Flow	214.75	110.44	13.46	-0.32	43.64
Free Cash Flow	246.4	242.05	785.01	1,186	1,338
Free Cash Flow Growth	1.79%	-69.17%	-33.83%	-11.34%	144.54%
Free Cash Flow Margin	0.60%	0.63%	3.63%	5.56%	7.13%
Free Cash Flow Per Share	9.19	9.03	29.28	44.25	49.90
Cash Interest Paid	406.35	311.18	172.71	191.52	242.83
Cash Income Tax Paid	11.46	10.47	15.14	5.08	8.32
Levered Free Cash Flow	10,042	-7,009	-1,160	1,188	-1,101
Unlevered Free Cash Flow	10,197	-6,844	-1,052	1,308	-949.4
Change in Working Capital	-1,620	-2,012	-188.99	-198.11	-383.12

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