Bharti Hexacom Cash Flow Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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	17,549	14,936	5,044	5,492	16,746	-10,339
Depreciation & Amortization	21,796	20,945	17,392	15,533	14,410	12,852
Loss (Gain) From Sale of Investments	-99	-99	-421	-290	-19	-133
Provision & Write-off of Bad Debts	97	97	18	397	261	194
Other Operating Activities	2,348	1,084	12,731	7,972	7,170	8,606
Change in Accounts Receivable	2,950	3,265	-2,975	19,075	-19,791	663
Change in Accounts Payable	2,931	-56	33	-769	-7,727	1,236
Change in Other Net Operating Assets	849	5,654	3,639	3,674	1,530	2,093
Operating Cash Flow	48,421	45,826	35,461	51,084	12,580	15,172
Operating Cash Flow Growth	19.63%	29.23%	-30.58%	306.07%	-17.08%	-
Capital Expenditures	-12,919	-14,694	-20,583	-9,448	-13,487	-14,569
Sale of Property, Plant & Equipment	138	138	106	57	149	46
Sale (Purchase) of Intangibles	-9,682	-10,615	-352	-1,321	-41	-837
Investment in Securities	-6,910	1,736	8,505	-9,680	-471	6,485
Other Investing Activities	40	29	773	83	25	50
Investing Cash Flow	-29,333	-23,406	-11,551	-20,309	-13,825	-8,825
Short-Term Debt Issued	-	8,210	-	-	-	-
Long-Term Debt Issued	-	-	-	-	65,185	85,335
Total Debt Issued	2,642	8,210	-	-	65,185	85,335
Short-Term Debt Repaid	-	-	-	-28	-1,102	-20,795
Long-Term Debt Repaid	-	-23,462	-17,930	-27,231	-59,429	-67,173
Total Debt Repaid	-12,448	-23,462	-17,930	-27,259	-60,531	-87,968
Net Debt Issued (Repaid)	-9,806	-15,252	-17,930	-27,259	4,654	-2,633
Common Dividends Paid	-5,000	-2,000	-750	-	-	-
Other Financing Activities	-4,207	-5,395	-5,356	-3,855	-2,823	-3,409
Financing Cash Flow	-19,013	-22,647	-24,036	-31,114	1,831	-6,042
Net Cash Flow	75	-227	-126	-339	586	305
Free Cash Flow	35,502	31,132	14,878	41,636	-907	603
Free Cash Flow Growth	54.46%	109.25%	-64.27%	-	-	-
Free Cash Flow Margin	38.47%	36.42%	20.99%	63.29%	-1.68%	1.31%
Free Cash Flow Per Share	71.01	62.26	29.76	83.27	-1.81	1.21
Cash Interest Paid	4,207	5,395	5,356	3,855	2,823	3,409
Cash Income Tax Paid	8,266	6,747	174	197	148	335
Levered Free Cash Flow	20,165	10,315	9,225	38,065	-31,176	-10,538
Unlevered Free Cash Flow	23,532	14,089	12,710	41,643	-27,899	-7,733
Change in Working Capital	6,730	8,863	697	21,980	-25,988	3,992

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