Coforge 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	8,121	8,080	6,938	6,617	4,556
Depreciation & Amortization	3,536	2,340	2,026	1,899	1,372
Other Amortization	1,147	846	559	373	464
Loss (Gain) From Sale of Assets	-211	-	13	-	16
Loss (Gain) From Sale of Investments	-	-	-	-3	-8
Stock-Based Compensation	1,700	810	544	355	476
Provision & Write-off of Bad Debts	68	104	72	16	523
Other Operating Activities	1,124	-98	380	-168	-278
Change in Accounts Receivable	-7,425	-1,668	-2,126	-3,152	-691
Change in Accounts Payable	1,680	1,725	175	2,153	785
Change in Other Net Operating Assets	3,056	-2,857	924	-434	408
Operating Cash Flow	12,371	9,034	9,505	7,656	7,623
Operating Cash Flow Growth	36.94%	-4.96%	24.15%	0.43%	156.75%
Capital Expenditures	-6,144	-2,655	-1,582	-1,541	-782
Sale of Property, Plant & Equipment	572	57	45	66	25
Cash Acquisitions	-20,810	-	-1,222	-8,557	-264
Investment in Securities	1,185	-	-	450	21
Other Investing Activities	714	120	43	18	73
Investing Cash Flow	-24,483	-2,478	-2,716	-9,564	-927
Long-Term Debt Issued	6,039	967	-	3,578	-
Long-Term Debt Repaid	-4,582	-480	-601	-445	-618
Net Debt Issued (Repaid)	1,457	487	-601	3,133	-618
Issuance of Common Stock	22,015	7	18	51	18
Repurchase of Common Stock	-	-	-	-	-4,166
Common Dividends Paid	-4,976	-4,664	-3,534	-3,152	-686
Other Financing Activities	-1,743	-4,700	-1,465	-1,590	-1,506
Financing Cash Flow	16,753	-8,870	-5,582	-1,558	-6,958
Foreign Exchange Rate Adjustments	102	-172	24	-65	66
Net Cash Flow	4,743	-2,486	1,231	-3,531	-196
Free Cash Flow	6,227	6,379	7,923	6,115	6,841
Free Cash Flow Growth	-2.38%	-19.49%	29.57%	-10.61%	204.86%
Free Cash Flow Margin	5.17%	7.08%	9.89%	9.51%	14.67%
Free Cash Flow Per Share	18.71	20.46	25.47	19.69	22.01
Cash Interest Paid	1,438	1,060	714	265	79
Cash Income Tax Paid	3,959	3,661	2,800	2,646	1,682
Levered Free Cash Flow	-877.25	2,525	10,814	4,469	5,715
Unlevered Free Cash Flow	-332.88	3,104	11,188	4,768	5,725
Change in Working Capital	-2,689	-2,800	-1,027	-1,433	502

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