Global Education 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	2016 - 2020
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	Mar '21 Mar 31, 2021	2016 - 2020
Net Income	219.71	281.93	338.27	225.94	108.52	31.53	Upgrade
Depreciation & Amortization	41.41	33.92	43.31	62.86	38.89	13.67	Upgrade
Other Amortization	1.78	1.78	-	-	-	-	Upgrade
Loss (Gain) From Sale of Assets	-	-	-0.48	-0.03	-	-	Upgrade
Asset Writedown & Restructuring Costs	0.19	0.19	-	-	-	1.62	Upgrade
Loss (Gain) From Sale of Investments	0.31	0.23	-0	-	-0.44	47.15	Upgrade
Other Operating Activities	-36.35	-34.1	-23.72	-27.23	-18.33	-19.02	Upgrade
Change in Accounts Receivable	23.88	-17.58	-123.98	-33.52	32.88	19.03	Upgrade
Change in Inventory	17.46	-10.92	-3.03	2.35	-2.17	-0.29	Upgrade
Change in Accounts Payable	7.55	-7.16	-16.91	6.82	15.69	0.28	Upgrade
Change in Other Net Operating Assets	-2.92	-9.13	7.6	20.27	33.39	-36.71	Upgrade
Operating Cash Flow	273.02	239.17	221.06	257.44	208.43	57.25	Upgrade
Operating Cash Flow Growth	-2.17%	8.19%	-14.13%	23.52%	264.10%	-	Upgrade
Capital Expenditures	-109.81	-82.05	-40.12	-51.41	-195.55	-4.88	Upgrade
Sale of Property, Plant & Equipment	-0.14	-	0.48	0.03	-	-	Upgrade
Investment in Securities	-330.16	-157.04	-61.55	-172.95	11.23	-1.05	Upgrade
Other Investing Activities	34.72	31.79	19.75	22.27	18.13	19.39	Upgrade
Investing Cash Flow	-181.82	-198.96	-128.25	-161.56	-135.37	-48.4	Upgrade
Common Dividends Paid	-76.35	-71.26	-101.8	-40.72	-40.72	-3.73	Upgrade
Other Financing Activities	-	0.19	-0.2	0.25	-	-	Upgrade
Financing Cash Flow	-76.35	-71.07	-102	-40.47	-40.72	-3.73	Upgrade
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-	-0.04	Upgrade
Net Cash Flow	14.85	-30.86	-9.19	55.42	32.34	5.08	Upgrade
Free Cash Flow	163.21	157.12	180.94	206.03	12.88	52.36	Upgrade
Free Cash Flow Growth	-35.48%	-13.16%	-12.18%	1499.98%	-75.41%	-	Upgrade
Free Cash Flow Margin	22.08%	21.74%	24.35%	33.24%	3.27%	20.46%	Upgrade
Free Cash Flow Per Share	3.21	3.09	3.56	4.05	0.25	1.03	Upgrade
Cash Income Tax Paid	76.17	89.97	113.95	82.97	38.31	12.05	Upgrade
Levered Free Cash Flow	356.55	107.13	63.28	223.57	2.53	-22.66	Upgrade
Unlevered Free Cash Flow	356.55	107.13	63.28	223.57	2.53	-22.58	Upgrade
Change in Working Capital	45.97	-44.78	-136.32	-4.09	79.79	-17.7	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.