McLeod Russel India 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	-1,979	-3,116	-10,565	-1,809	-523.91
Depreciation & Amortization	612.33	657.81	698.62	747.71	902.28
Other Amortization	0.09	0.12	0.29	0.37	1.53
Loss (Gain) From Sale of Assets	-1.17	-52.75	15.4	-5.03	-130.13
Loss (Gain) From Sale of Investments	-	-	-	-	-35.43
Provision & Write-off of Bad Debts	85.05	185.49	16.15	-	66.76
Other Operating Activities	1,647	1,500	1,328	1,679	1,980
Change in Accounts Receivable	81.15	-19.58	164.44	-187.65	47.19
Change in Inventory	-115.21	525.05	337.09	249.44	-103.43
Change in Accounts Payable	90.7	-302.97	369.03	217.44	-278.26
Change in Other Net Operating Assets	494.75	965.94	541.07	157.48	-144.17
Operating Cash Flow	724.3	342.89	2,045	1,050	1,782
Operating Cash Flow Growth	111.24%	-83.23%	94.85%	-41.10%	111.94%
Capital Expenditures	-241.26	-185.92	-546.54	-591.57	-303.13
Sale of Property, Plant & Equipment	16.23	13.77	77	47.52	127.67
Divestitures	31.63	694.72	-	-	-
Other Investing Activities	3.98	64.95	55.58	-34.68	157.94
Investing Cash Flow	-189.42	587.52	-413.97	-578.73	-17.52
Long-Term Debt Issued	-	1,805	-	463.43	-
Total Debt Issued	-	1,805	-	463.43	-
Short-Term Debt Repaid	-101.49	-2,572	-820.29	-1,096	-452
Long-Term Debt Repaid	-0.2	-33.05	-450.6	-365.22	-513.91
Total Debt Repaid	-101.69	-2,605	-1,271	-1,461	-965.91
Net Debt Issued (Repaid)	-101.69	-800.76	-1,271	-997.45	-965.91
Common Dividends Paid	-	-	-	-	-8.31
Other Financing Activities	-402.83	-196.1	-470.73	-191.52	-341.57
Financing Cash Flow	-504.52	-996.86	-1,742	-1,189	-1,316
Foreign Exchange Rate Adjustments	1.48	-0.87	-1.02	-0.07	4
Miscellaneous Cash Flow Adjustments	-	-18.15	-	-	-
Net Cash Flow	31.85	-85.48	-111.52	-718.21	452.62
Free Cash Flow	483.04	156.97	1,499	457.98	1,479
Free Cash Flow Growth	207.73%	-89.53%	227.20%	-69.03%	225.80%
Free Cash Flow Margin	4.08%	1.38%	10.94%	3.38%	10.28%
Free Cash Flow Per Share	4.62	1.50	14.35	4.38	14.16
Cash Interest Paid	402.83	196.1	470.73	191.52	341.57
Cash Income Tax Paid	135.44	-147.31	99.94	53.75	-460
Levered Free Cash Flow	553.89	1,024	1,884	899.27	1,758
Unlevered Free Cash Flow	1,963	2,285	3,131	1,927	3,031
Change in Working Capital	551.38	1,168	1,412	436.71	-478.66

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