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
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	225.4	281.93	338.27	225.94	108.52	31.53
Depreciation & Amortization	46.03	33.92	43.31	62.86	38.89	13.67
Other Amortization	1.78	1.78	-	-	-	-
Loss (Gain) From Sale of Assets	-	-	-0.48	-0.03	-	-
Asset Writedown & Restructuring Costs	0.19	0.19	-	-	-	1.62
Loss (Gain) From Sale of Investments	-0.75	0.23	-0	-	-0.44	47.15
Other Operating Activities	-6.5	-34.1	-23.72	-27.23	-18.33	-19.02
Change in Accounts Receivable	-67.15	-17.58	-123.98	-33.52	32.88	19.03
Change in Inventory	2.57	-10.92	-3.03	2.35	-2.17	-0.29
Change in Accounts Payable	51.61	-7.16	-16.91	6.82	15.69	0.28
Change in Other Net Operating Assets	4.31	-9.13	7.6	20.27	33.39	-36.71
Operating Cash Flow	257.49	239.17	221.06	257.44	208.43	57.25
Operating Cash Flow Growth	20.93%	8.19%	-14.13%	23.52%	264.10%	-
Capital Expenditures	-71.5	-82.05	-40.12	-51.41	-195.55	-4.88
Sale of Property, Plant & Equipment	0.03	-	0.48	0.03	-	-
Investment in Securities	-331.81	-157.04	-61.55	-172.95	11.23	-1.05
Other Investing Activities	3.48	31.79	19.75	22.27	18.13	19.39
Investing Cash Flow	-212.38	-198.96	-128.25	-161.56	-135.37	-48.4
Total Debt Issued	1.61	-	-	-	-	-
Net Debt Issued (Repaid)	1.61	-	-	-	-	-
Common Dividends Paid	-50.9	-71.26	-101.8	-40.72	-40.72	-3.73
Other Financing Activities	-0.06	0.19	-0.2	0.25	-	-
Financing Cash Flow	-49.36	-71.07	-102	-40.47	-40.72	-3.73
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	-0.04
Net Cash Flow	-4.25	-30.86	-9.19	55.42	32.34	5.08
Free Cash Flow	185.98	157.12	180.94	206.03	12.88	52.36
Free Cash Flow Growth	34.26%	-13.16%	-12.18%	1499.98%	-75.41%	-
Free Cash Flow Margin	21.58%	21.74%	24.35%	33.24%	3.27%	20.46%
Free Cash Flow Per Share	3.65	3.09	3.56	4.05	0.25	1.03
Cash Income Tax Paid	81.26	89.97	113.95	82.97	38.31	12.05
Levered Free Cash Flow	331.85	107.13	63.28	223.57	2.53	-22.66
Unlevered Free Cash Flow	331.85	107.13	63.28	223.57	2.53	-22.58
Change in Working Capital	-8.67	-44.78	-136.32	-4.09	79.79	-17.7

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