Varvee Global 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	185.44	-446.16	-650.49	-414.23	-641.91
Depreciation & Amortization	43.51	117.05	252.79	263.06	320.01
Other Amortization	-	-	-	-	1.47
Loss (Gain) From Sale of Assets	-1,249	-13.05	-17.75	-65.44	-25.78
Provision & Write-off of Bad Debts	-	-	-	1.13	-
Other Operating Activities	411.29	82.56	164.51	203.48	225.47
Change in Accounts Receivable	778.11	243.51	417.14	418.85	263.76
Change in Inventory	814.94	312.24	355.55	-24.17	680.09
Change in Accounts Payable	-335.51	-52.19	-197.4	-102.79	-711.66
Change in Other Net Operating Assets	-374.08	855.33	72.1	-154.68	239.99
Operating Cash Flow	274.72	1,099	396.46	125.21	454.12
Operating Cash Flow Growth	-75.01%	177.28%	216.63%	-72.43%	-29.69%
Capital Expenditures	-	-	-	-21.39	-2.54
Sale of Property, Plant & Equipment	1,813	407.54	128.79	485.2	46.9
Other Investing Activities	6.73	49.09	0.5	3.31	44.03
Investing Cash Flow	1,820	456.63	129.29	467.12	88.4
Long-Term Debt Issued	-	-	90.94	-	337.93
Total Debt Issued	-	-	90.94	-	337.93
Short-Term Debt Repaid	-879.21	-966.44	-254.71	-15.16	-247.25
Long-Term Debt Repaid	-954.75	-222.3	-	-182	-
Total Debt Repaid	-1,834	-1,189	-254.71	-197.16	-247.25
Net Debt Issued (Repaid)	-1,834	-1,189	-163.77	-197.16	90.68
Other Financing Activities	-128.44	-366.55	-459.02	-430.8	-509.45
Financing Cash Flow	-1,962	-1,555	-622.79	-627.96	-418.77
Miscellaneous Cash Flow Adjustments	-	0	-0	-	-
Net Cash Flow	132.09	0.62	-97.05	-35.63	123.74
Free Cash Flow	274.72	1,099	396.46	103.82	451.58
Free Cash Flow Growth	-75.01%	177.28%	281.87%	-77.01%	-27.39%
Free Cash Flow Margin	64.14%	129.42%	15.19%	2.46%	17.02%
Free Cash Flow Per Share	5.86	23.43	8.45	2.21	9.63
Cash Interest Paid	121.42	359.33	446.52	408.01	493.6
Cash Income Tax Paid	-	-	-	4.22	-14.48
Levered Free Cash Flow	1,067	247.74	210.66	-94.27	207.31
Unlevered Free Cash Flow	1,142	472.32	489.74	160.74	515.82
Change in Working Capital	883.45	1,359	647.39	137.21	472.18

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