L&T Finance 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	26,437	23,201	16,233	10,701	9,709
Depreciation & Amortization	603.7	364.4	300.1	349.3	366.5
Other Amortization	785.3	783.3	812.3	677.1	504.4
Loss (Gain) From Sale of Investments	22,858	21,370	30,339	27,520	34,503
Provision for Credit Losses	-	-	-5,416	3,481	1,588
Stock-Based Compensation	395.3	378.5	265.7	201.1	545.1
Net Decrease (Increase) in Loans Originated / Sold - Operating	-146,863	-72,461	32,502	18,127	5,004
Change in Other Net Operating Assets	-71,499	29,373	-2,640	-423.4	2,049
Other Operating Activities	1,413	3,911	20,901	146.8	2,624
Operating Cash Flow	-165,865	6,856	61,913	60,747	54,643
Operating Cash Flow Growth	-	-88.93%	1.92%	11.17%	152.77%
Capital Expenditures	-1,953	-1,188	-1,279	-775.5	-525.8
Sale of Property, Plant & Equipment	58.9	6.2	318.7	9.5	34.4
Divestitures	-	261	-	-	-
Investment in Securities	6,603	9,407	-35,744	-50,069	-19,753
Other Investing Activities	-	-	33,357	-	-
Investing Cash Flow	4,709	8,486	-3,348	-50,835	-20,245
Long-Term Debt Issued	403,000	177,767	229,564	181,863	205,568
Total Debt Issued	403,000	177,767	229,564	181,863	205,568
Long-Term Debt Repaid	-242,772	-243,753	-241,483	-201,758	-250,412
Net Debt Issued (Repaid)	160,228	-65,986	-11,919	-19,895	-44,845
Preferred Share Repurchases	-	-	-3,539	-10,572	-6,000
Issuance of Common Stock	404	425.1	93.7	206.8	30,051
Common Dividends Paid	-6,225	-4,966	-1,238	-	-
Total Dividends Paid	-6,225	-4,966	-1,238	-	-
Other Financing Activities	-222.5	30.8	-36.2	30.3	-112.8
Financing Cash Flow	154,185	-70,496	-16,638	-30,230	-20,907
Foreign Exchange Rate Adjustments	-	-	-	-	-0.4
Net Cash Flow	-6,971	-55,153	41,927	-20,318	13,491
Free Cash Flow	-167,818	5,669	60,634	59,972	54,117
Free Cash Flow Growth	-	-90.65%	1.10%	10.82%	159.92%
Free Cash Flow Margin	-216.52%	7.71%	102.05%	134.29%	145.71%
Free Cash Flow Per Share	-67.11	2.27	24.48	24.18	24.93
Cash Interest Paid	61,206	52,254	62,406	65,039	72,681
Cash Income Tax Paid	7,063	3,179	11,464	3,721	2,619

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