LTM Limited Cash Flow Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	50,181	45,987	45,821	44,083	39,483
Depreciation & Amortization	10,541	8,802	6,954	6,245	5,280
Other Amortization	-	1,113	1,235	982	691
Loss (Gain) From Sale of Assets	-26	-91	-71	-18	-16
Loss (Gain) From Sale of Investments	-	-4,918	-3,140	-1,670	-2,040
Stock-Based Compensation	285	588	1,244	1,136	538
Provision & Write-off of Bad Debts	654	105	765	695	470
Other Operating Activities	-8,478	-1,325	-2,088	-2,862	300
Change in Accounts Receivable	-20,644	-4,624	5,046	-19,690	-18,238
Change in Inventory	-5	2	3	8	5
Change in Accounts Payable	25,560	3,431	4,223	4,122	7,909
Change in Other Net Operating Assets	-10,080	-3,612	-3,297	-2,085	-1,864
Operating Cash Flow	47,988	45,458	56,695	30,946	32,507
Operating Cash Flow Growth	5.57%	-19.82%	83.21%	-4.80%	35.47%
Capital Expenditures	-9,306	-9,496	-8,432	-9,393	-10,573
Sale of Property, Plant & Equipment	214	160	102	47	44
Cash Acquisitions	872	-75	-59	-1,486	-1,855
Investment in Securities	-14,869	-11,553	-33,305	6,257	-4,643
Other Investing Activities	5,410	3,582	2,573	1,266	574
Investing Cash Flow	-17,679	-17,382	-39,121	-3,309	-16,453
Short-Term Debt Issued	-	-	-	665	105
Total Debt Issued	-	-	-	665	105
Short-Term Debt Repaid	-23	-399	-866	-	-
Long-Term Debt Repaid	-3,785	-3,083	-2,478	-2,271	-2,004
Total Debt Repaid	-3,808	-3,482	-3,344	-2,271	-2,004
Net Debt Issued (Repaid)	-3,808	-3,482	-3,344	-1,606	-1,899
Issuance of Common Stock	29	35	12	12	2
Common Dividends Paid	-19,854	-19,246	-17,753	-15,627	-11,528
Other Financing Activities	-5,631	-3,051	-1,603	-2,096	-1,630
Financing Cash Flow	-29,264	-25,744	-22,688	-19,317	-16,804
Foreign Exchange Rate Adjustments	1,643	91	-63	595	21
Net Cash Flow	2,688	2,423	-5,177	8,915	-729
Free Cash Flow	38,682	35,962	48,263	21,553	21,934
Free Cash Flow Growth	7.56%	-25.49%	123.93%	-1.74%	3.09%
Free Cash Flow Margin	9.14%	9.46%	13.59%	6.49%	8.40%
Free Cash Flow Per Share	130.37	121.21	162.72	72.77	74.08
Cash Interest Paid	2,717	2,706	2,189	1,492	1,155
Cash Income Tax Paid	18,576	16,374	15,707	15,217	13,478
Levered Free Cash Flow	51,795	26,933	40,016	16,757	8,305
Unlevered Free Cash Flow	53,522	28,018	40,880	17,478	9,044
Change in Working Capital	-5,169	-4,803	5,975	-17,645	-12,188

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