| Y/e 31 Mar( In .Cr) | Mar-2021 | Mar-2020 | Mar-2017 |
|---|---|---|---|
Profit before tax | 44.32 | 41.21 | 11.57 |
Depreciation | -6.9 | -5.24 | -1.31 |
Tax paid | -12.88 | -12.44 | -3.82 |
Working capital | -22.04 | 133.06 | |
Other operating items | |||
Operating | 2.49 | 156.59 | |
Capital expenditure | 24.45 | 59.27 | |
Free cash flow | 26.94 | 215.86 | |
Equity raised | 261.75 | 129.98 | |
Investing | 0 | 0 | |
Financing | 84.62 | 97.91 | |
Dividends paid | 0 | 0 | 0 |
Net in cash | 373.31 | 443.75 |
Solid LiPF6 salt is a critical raw material for making electrolyte used in lithium-ion batteries, placing the JV directly in a high-demand supply chain.
The company added that the securities will be backed through hypothecation and mortgage, creating a subservient charge on assets.
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