Bhartiya International 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	156.65	2.23	626.11	-165.3	-61.47
Depreciation & Amortization	255.69	253.73	250.39	235.92	100.31
Other Amortization	1.85	1.6	1.89	2.14	3.04
Loss (Gain) From Sale of Assets	1.29	-0.15	-0.23	0	0.62
Loss (Gain) on Equity Investments	-12.33	115.31	-481.59	316.7	88.73
Other Operating Activities	511.11	409.21	406.05	215.69	157.78
Change in Accounts Receivable	-440.04	-141.52	0.84	104.13	-139.06
Change in Inventory	-459.47	-534.02	-572.64	-429.55	59.89
Change in Accounts Payable	461	645.77	-264.57	151.18	252.05
Change in Other Net Operating Assets	-32.72	-94.29	149.69	28.25	-197.97
Operating Cash Flow	443.03	657.87	115.94	459.16	263.93
Operating Cash Flow Growth	-32.66%	467.43%	-74.75%	73.97%	-
Capital Expenditures	-74.62	-73.19	-213.66	-283.56	-170.36
Sale of Property, Plant & Equipment	0.31	0.78	0.49	4.55	0.41
Investment in Securities	-90.4	-164.6	-32.2	-	-
Other Investing Activities	25.18	25.01	28.95	-176.83	-66.29
Investing Cash Flow	-139.54	-211.99	-216.42	-455.84	-236.24
Short-Term Debt Issued	-	521.68	209.95	-	-
Long-Term Debt Issued	-	-	25.76	515.36	746.16
Total Debt Issued	-	521.68	235.71	515.36	746.16
Short-Term Debt Repaid	-50.23	-	-	-115.86	-849.04
Long-Term Debt Repaid	-333.75	-368.87	-20.04	-14.89	-12.83
Total Debt Repaid	-383.98	-368.87	-20.04	-130.74	-861.87
Net Debt Issued (Repaid)	-383.98	152.81	215.67	384.62	-115.71
Issuance of Common Stock	333.25	0.11	-	0.2	0.06
Other Financing Activities	-403.51	-415.67	-360.35	-227.59	-233.51
Financing Cash Flow	-454.24	-262.75	-144.68	157.23	-349.15
Net Cash Flow	-150.75	183.13	-245.16	160.56	-321.46
Free Cash Flow	368.41	584.68	-97.72	175.6	93.57
Free Cash Flow Growth	-36.99%	-	-	87.66%	-
Free Cash Flow Margin	3.58%	7.52%	-1.22%	2.53%	1.71%
Free Cash Flow Per Share	29.41	47.89	-7.99	14.38	7.67
Cash Interest Paid	449.3	415.67	360.35	227.59	233.51
Cash Income Tax Paid	63.69	72.86	17.58	33.26	46.78
Levered Free Cash Flow	-295.24	-31.38	-251.57	-261.43	-222.84
Unlevered Free Cash Flow	-29.17	216.34	-39.83	-129.34	-94.49
Change in Working Capital	-471.23	-124.06	-686.68	-145.99	-25.09

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