True Colors 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
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	368.53	246.94	82.46	39.18	6.88
Depreciation & Amortization	37.95	34.22	11.8	0.08	-
Other Amortization	0.05	0.05	0.03	-	-
Other Operating Activities	87.58	59.23	17.36	5.57	0
Change in Accounts Receivable	-379.77	-336.29	-67.86	-68.91	-90.86
Change in Inventory	-106.9	-94.19	-160.27	-95.26	-9.38
Change in Accounts Payable	51.03	125.69	159.01	17.34	98.02
Change in Other Net Operating Assets	-122.21	20.5	50.49	-15	-
Operating Cash Flow	-63.74	56.14	93.03	-116.99	4.67
Operating Cash Flow Growth	-	-39.66%	-	-	-
Capital Expenditures	-231.21	-117.79	-389.74	-100.87	-
Other Investing Activities	36.96	36.58	53.91	0.04	-
Investing Cash Flow	-210.36	-81.21	-335.82	-100.82	-
Long-Term Debt Issued	-	252.25	447.87	221.06	-
Long-Term Debt Repaid	-	-342.7	-142.6	-20.62	-
Net Debt Issued (Repaid)	112.63	-90.45	305.27	200.44	-
Issuance of Common Stock	1,431	161.46	-	18.06	1.5
Other Financing Activities	-45.02	-42.33	-17.72	-1.15	-
Financing Cash Flow	1,499	28.67	287.55	217.35	1.5
Net Cash Flow	1,225	3.6	44.77	-0.46	6.17
Free Cash Flow	-294.95	-61.65	-296.7	-217.86	4.67
Free Cash Flow Margin	-10.10%	-2.64%	-18.53%	-27.01%	5.17%
Free Cash Flow Per Share	-12.86	-3.44	-17.78	-18.44	3.74
Cash Interest Paid	45.02	42.33	17.72	1.15	-
Cash Income Tax Paid	80.36	67.34	30.66	9.23	-
Levered Free Cash Flow	-	-136.86	-383.56	-214.7	-
Unlevered Free Cash Flow	-	-109.25	-372.06	-213.47	-
Change in Working Capital	-557.85	-284.29	-18.62	-161.82	-2.21

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