GROUP		COMPANY
For the year ended 31 March	Notes	2025 Rs.	2024 Rs.	2025 Rs.	2024 Rs.
Cash flows from Operating Activities
Profit/(Loss) before Tax		336,642,651	(247,007,212)	784,776,398	576,210,524
Adjustments for:
Depreciation of property plant and equipment	16	802,409,354	825,972,769	216,499,959	268,964,148
Unrealised foreign exchange loss on borrowings	29.1	(5,522,102)	(33,410,031)	(5,522,102)	(33,410,031)
Finance costs	12	927,892,296	1,491,444,643	525,748,934	954,476,323
Interest income	12	(28,950,033)	(37,562,377)	(22,287,966)	(26,568,980)
Amortization of right of use assets	17.1	23,595,681	34,853,998	7,235,061	9,599,768
Profit/(Loss) on disposal of Property, Plant and Equipment (Net)		(815,793)	5,129,300	(1,140,000)	–
Fair value gain in Unit Trust	10	(411,622)	–	(411,622)	–
Provision for retirement benefit obligations	27.2.b	75,493,884	76,127,895	40,182,590	44,326,227
Provision/(Reversal) for impairment of trade receivables	22.1	40,290,677	(78,344,146)	38,158,775	(78,344,146)
Provision for Impairment of other debtors	22.2	13,053,579	47,421,451	12,393,579	24,316,941
Provision for impairment of prepayments	22.3	12,464,546	1,744,916	12,464,546	1,744,916
Provision for impairment of related party receivables	23.1	55,636,943	42,319,190	55,714,018	42,319,190
Provision for slow moving inventories	21.1	1,889,824	139,640	197,349	83,784
Gain on de-recognition of right- of-use-asset and lease liability		(3,299,982)	(3,822,139)	–	(1,457,787)
Share Profit of Equity – accounted investee, net of tax	19.1	(223,036,367)	(148,528,563)	(223,036,367)	(148,528,563)
Operating profit before working capital changes		2,027,333,536	1,976,479,334	1,440,973,152	1,633,732,314
Changes in Working Capital
Increase in inventories		(127,609,574)	(1,621,533)	(72,346,527)	(20,760,980)
Increase in debtors, deposits and advances		(268,316,257)	(88,904,668)	(199,940,544)	(98,655,735)
(Increase)/decrease in related party balances		(379,717,347)	(55,608,587)	(362,047,899)	399,876,271
Increase in creditors and other payables		199,368,097	563,499,129	182,991,429	251,666,777
Cash generated from/ (used in) operating activities		1,451,058,459	2,393,843,675	990,769,611	2,165,858,647
Interest paid		(214,806,558)	(217,405,560)	(63,850,800)	(92,072,732)
Gratuity paid	27.2.a	(48,814,142)	(47,260,270)	(33,527,639)	(29,384,584)
Current tax paid	32	(53,999,997)	(5,050,396)	–	–
Net cash generated from operating activities		1,133,437,758	2,124,127,449	892,251,172	2,044,401,331
Cash flows from/(Used in) Investing Activities
Purchase of Property, Plant and Equipment	16	(340,650,135)	(76,825,978)	(170,809,472)	(70,779,475)
Investment in right of use assets		(67,368,720)	–	(67,368,720)	–
Proceeds from sale of property, Plant and Equipment		1,140,000	–	1,140,000	–
Interest received		29,642,653	41,097,924	21,492,001	28,717,462
Net investment in short-term deposits		(29,777,012)	(73,672,197)	(29,272,232)	(67,473,490)
Net cash used in investing activities		(407,013,214)	(109,400,251)	(244,818,423)	(109,535,503)
Cash flows from/(Used in) Financing Activities
Proceeds from long-term borrowings		2,019,000,000	3,594,834,000	2,019,000,000	3,594,834,000
Repayment of commercial papers	29.2	(42,011,539)	(245,040,124)	(42,011,539)	(245,040,124)
Repayments of long-term borrowings	29.1	(2,685,540,031)	(5,160,577,442)	(2,685,540,031)	(5,098,102,554)
Repayments of lease rentals	30.2	(48,699,622)	(12,015,763)	(5,225,962)	(10,745,198)
Repayment of debenture		–	(11,043,082)	–	(11,043,082)
Net cash flows used in financing activities		(757,251,192)	(1,833,842,411)	(713,777,532)	(1,770,096,958)
Net increase in cash and cash equivalents during the year		(30,826,648)	180,884,787	(66,344,783)	164,768,870
Cash and cash equivalents at the beginning of the year		(509,310,769)	(690,195,556)	(201,767,630)	(366,536,500)
Cash and cash equivalents at the end of the year		(540,137,417)	(509,310,769)	(268,112,413)	(201,767,630)
Analysis of Cash and Cash equivalents at the end of the year
Cash at bank and in hand	24	349,810,089	231,146,238	266,835,093	188,689,377
Bank overdraft	24	(889,947,506)	(740,457,007)	(534,947,506)	(390,457,007)
		(540,137,417)	(509,310,769)	(268,112,413)	(201,767,630)

Figures in brackets indicate deduction.

The Notes to the Financial Statements on 1 to 44 are integral part of these consolidated financial statements.