GRM Overseas 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	605.96	597.81	626.77	838.39	452.24
Depreciation & Amortization	29.37	35.87	37.1	30.49	28.21
Other Amortization	0.84	0.81	0.76	0.84	0.8
Loss (Gain) From Sale of Assets	1.51	-	2	2.6	-0.22
Loss (Gain) From Sale of Investments	-	-	-	-0.2	-
Other Operating Activities	121.27	159.27	-220.96	273.13	91.43
Change in Accounts Receivable	43.71	-808.51	82.65	-1,603	-27.62
Change in Inventory	-963.23	953.49	-1,176	-860.98	-533.21
Change in Accounts Payable	783.95	-467.49	-239.33	161.75	340.4
Operating Cash Flow	623.38	471.25	-887.13	-1,157	352.02
Operating Cash Flow Growth	32.28%	-	-	-	-78.28%
Capital Expenditures	-75.16	-21.93	-52.1	-47.84	-10.57
Sale of Property, Plant & Equipment	10.05	-	2.73	2.1	1.75
Investment in Securities	-22.5	-25.12	-5.18	-15.44	-0.34
Other Investing Activities	10.32	3.66	6.97	1.43	0.56
Investing Cash Flow	-77.29	-43.39	-47.58	-59.75	-8.59
Short-Term Debt Issued	-	-	747.41	1,502	-
Long-Term Debt Issued	14.47	-	0.18	5.99	-
Total Debt Issued	14.47	-	747.58	1,508	-
Short-Term Debt Repaid	-303.88	-198.14	-	-	-223.04
Long-Term Debt Repaid	-	-1.92	-	-	-1.1
Total Debt Repaid	-303.88	-200.05	-	-	-224.13
Net Debt Issued (Repaid)	-289.42	-200.05	747.58	1,508	-224.13
Issuance of Common Stock	-	-	-	26.35	102.69
Common Dividends Paid	-	-	-27	-159	-97.25
Other Financing Activities	172	-193.68	169.4	-129.96	-110.99
Financing Cash Flow	-117.42	-393.73	889.98	1,246	-329.68
Miscellaneous Cash Flow Adjustments	-	0	0	-	0
Net Cash Flow	428.67	34.12	-44.74	28.93	13.75
Free Cash Flow	548.22	449.32	-939.23	-1,205	341.45
Free Cash Flow Growth	22.01%	-	-	-	-77.52%
Free Cash Flow Margin	4.07%	3.42%	-6.81%	-10.62%	4.27%
Free Cash Flow Per Share	2.65	2.50	-5.22	-6.71	1.90
Cash Interest Paid	168.12	193.68	-	110.16	93.83
Cash Income Tax Paid	273.03	234.13	278.62	153.49	148.52
Levered Free Cash Flow	97.77	-35.77	-911.33	-1,561	4.73
Unlevered Free Cash Flow	203.7	85.53	-797.21	-1,492	63.37
Change in Working Capital	-135.57	-322.52	-1,333	-2,302	-220.44

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