TARC Limited 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	-2,312	-770.46	203.4	-2,327	61.77
Depreciation & Amortization	89.55	64.01	71.62	86.6	81.61
Other Amortization	0.31	0.88	0.31	0.04	-
Loss (Gain) From Sale of Assets	-	-	-4.13	-1,520	-75.68
Asset Writedown & Restructuring Costs	-	59.03	-	-	-
Loss (Gain) From Sale of Investments	-	-	-	693.91	-
Loss (Gain) on Equity Investments	4.28	-0.35	0.13	0.11	0.01
Provision & Write-off of Bad Debts	-	104.34	1.17	-	-
Other Operating Activities	863.94	63.77	-468.03	988.8	185.49
Change in Accounts Receivable	-36.58	3.95	-47.59	-34.97	-7.35
Change in Inventory	-2,274	-2,038	658.53	2,414	1,099
Change in Accounts Payable	367.52	6.99	-176.68	-86.83	237.18
Change in Other Net Operating Assets	3,726	4,088	-1,049	-1,025	-139
Operating Cash Flow	429.55	1,582	-810.12	-811.72	1,443
Operating Cash Flow Growth	-72.85%	-	-	-	23.99%
Capital Expenditures	-372.53	-409.79	-65.93	-	-185.92
Sale of Property, Plant & Equipment	-	-	751.43	3,609	-
Sale (Purchase) of Real Estate	-	-	-	-	348.71
Investment in Securities	-312.47	0.08	-	-	-0.25
Other Investing Activities	6.95	19.09	59.67	60.55	67.18
Investing Cash Flow	-678.05	-390.62	745.17	3,670	229.73
Long-Term Debt Issued	10,000	155.35	13,300	-	83.74
Total Debt Issued	10,000	155.35	13,300	-	83.74
Long-Term Debt Repaid	-4,392	-101.86	-11,237	-1,264	-5.65
Net Debt Issued (Repaid)	5,608	53.48	2,063	-1,264	78.09
Other Financing Activities	-5,466	-1,715	-1,104	-1,525	-1,686
Financing Cash Flow	142.64	-1,661	958.92	-2,790	-1,608
Miscellaneous Cash Flow Adjustments	-	-	-0	0	0
Net Cash Flow	-105.86	-469.6	893.97	68.4	64.84
Free Cash Flow	57.02	1,172	-876.05	-811.72	1,257
Free Cash Flow Growth	-95.14%	-	-	-	89.32%
Free Cash Flow Margin	16.83%	104.51%	-23.76%	-32.39%	65.84%
Free Cash Flow Per Share	0.19	3.97	-2.97	-2.75	4.26
Cash Interest Paid	5,466	1,715	1,104	1,525	1,686
Cash Income Tax Paid	179.13	67.23	136.82	113.86	-48.94
Levered Free Cash Flow	-3,753	932.47	-1,725	-5,014	-17.75
Unlevered Free Cash Flow	-3,139	1,314	-993.87	-4,547	57.27
Change in Working Capital	1,784	2,061	-614.6	1,266	1,190

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