Sindhu Trade Links 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	256.57	568.65	4.04	-196.51	-252.47
Depreciation & Amortization	550	661.1	243.85	298.59	364.81
Loss (Gain) From Sale of Assets	1,606	-	-111.96	-29.3	-552.87
Asset Writedown & Restructuring Costs	-33.36	43.81	-	-	-
Loss (Gain) From Sale of Investments	-1,317	-127.62	-105.47	-39	-15.19
Loss (Gain) on Equity Investments	-59.37	1.31	-11.35	-27.6	-33.07
Provision & Write-off of Bad Debts	325.89	249.01	-	-	-
Other Operating Activities	2,158	2,655	1,541	895.71	805.32
Change in Accounts Receivable	-2,258	-693.01	-663.3	-371.22	-417.42
Change in Inventory	23.1	-250.66	-122.45	-28.01	-38
Change in Accounts Payable	-1,860	-469.67	-1,419	956.68	-943.52
Change in Other Net Operating Assets	98.82	4,270	-434.86	287.48	568.55
Operating Cash Flow	-509.76	6,908	-1,080	1,747	-513.86
Capital Expenditures	-285.92	-793	-507.96	-589.27	-198.52
Sale of Property, Plant & Equipment	60.6	18.59	1,184	-	572.74
Cash Acquisitions	-	-	-	-336.23	-
Investment in Securities	5,114	558.46	632.15	435.27	-308.41
Other Investing Activities	-	1,038	375.32	237.95	16.89
Investing Cash Flow	4,733	667.81	1,518	-225.51	120.95
Long-Term Debt Issued	-	-	160.11	-	663.54
Total Debt Issued	-	-	160.11	-	663.54
Long-Term Debt Repaid	-2,476	-4,994	-4.71	-419.31	-11.36
Net Debt Issued (Repaid)	-2,476	-4,994	155.4	-419.31	652.18
Issuance of Common Stock	55.2	457.99	315.21	1,358	362.94
Other Financing Activities	-1,655	-2,347	-698.44	-2,525	-657.07
Financing Cash Flow	-4,075	-6,883	-227.84	-1,587	358.05
Miscellaneous Cash Flow Adjustments	-989.6	-14.37	-	-	-0
Net Cash Flow	-841.9	677.88	210.42	-65.4	-34.86
Free Cash Flow	-795.68	6,115	-1,588	1,158	-712.37
Free Cash Flow Margin	-4.60%	36.28%	-13.49%	11.38%	-7.98%
Free Cash Flow Per Share	-0.52	3.97	-1.03	0.75	-0.46
Cash Interest Paid	1,208	1,425	1,823	1,702	730.78
Cash Income Tax Paid	0.62	-89.14	192.47	-0.1	237.02
Levered Free Cash Flow	-3,598	-1,474	-4,060	436.84	-3,479
Unlevered Free Cash Flow	-2,844	-525.94	-3,054	1,495	-2,514
Change in Working Capital	-3,996	2,857	-2,640	844.93	-830.39

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.