L&T Finance Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	29,812	26,437	23,201	16,233	10,701
Depreciation & Amortization	1,272	603.7	364.4	300.1	349.3
Other Amortization	824.6	785.3	783.3	812.3	677.1
Loss (Gain) From Sale of Investments	4,976	524.3	21,370	30,339	27,520
Provision for Credit Losses	21,841	22,333	-	-5,416	3,481
Stock-Based Compensation	259.4	395.3	378.5	265.7	201.1
Net Decrease (Increase) in Loans Originated / Sold - Operating	-251,547	-145,963	-72,461	32,502	18,127
Change in Other Net Operating Assets	55,590	-69,203	29,373	-2,640	-423.4
Other Operating Activities	-4,930	-1,792	3,911	20,901	146.8
Operating Cash Flow	-141,892	-165,875	6,856	61,913	60,747
Operating Cash Flow Growth	-	-	-88.93%	1.92%	11.17%
Capital Expenditures	-2,395	-1,953	-1,188	-1,279	-775.5
Sale of Property, Plant & Equipment	18.9	58.9	6.2	318.7	9.5
Cash Acquisitions	-7,095	-	-	-	-
Divestitures	-	-	261	-	-
Investment in Securities	13,138	6,603	9,407	-35,744	-50,069
Other Investing Activities	1.7	9.7	-	33,357	-
Investing Cash Flow	3,669	4,718	8,486	-3,348	-50,835
Long-Term Debt Issued	437,480	403,000	177,767	229,564	181,863
Total Debt Issued	437,480	403,000	177,767	229,564	181,863
Long-Term Debt Repaid	-277,166	-242,772	-243,753	-241,483	-201,758
Net Debt Issued (Repaid)	160,314	160,228	-65,986	-11,919	-19,895
Preferred Share Repurchases	-	-	-	-3,539	-10,572
Issuance of Common Stock	887.4	404	425.1	93.7	206.8
Common Dividends Paid	-6,868	-6,225	-4,966	-1,238	-
Total Dividends Paid	-6,868	-6,225	-4,966	-1,238	-
Other Financing Activities	-182.6	-222.5	30.8	-36.2	30.3
Financing Cash Flow	154,151	154,185	-70,496	-16,638	-30,230
Net Cash Flow	15,927	-6,971	-55,153	41,927	-20,318
Free Cash Flow	-144,287	-167,828	5,669	60,634	59,972
Free Cash Flow Growth	-	-	-90.65%	1.10%	10.82%
Free Cash Flow Margin	-160.09%	-217.65%	7.71%	102.05%	134.29%
Free Cash Flow Per Share	-57.51	-67.11	2.27	24.48	24.18
Cash Interest Paid	68,567	61,206	52,254	62,406	65,039
Cash Income Tax Paid	10,232	7,063	3,179	11,464	3,721

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