| Y/e 31 Mar( In .Cr) | Mar-2021 | Mar-2020 | Mar-2018 | Mar-2017 | 
|---|---|---|---|---|
Profit before tax  | 15.98  | 12.85  | 11.89  | 13.12  | 
Depreciation  | -8.89  | -8.83  | -3.22  | -2.46  | 
Tax paid  | -3.78  | -2.65  | -3  | -4.7  | 
Working capital  | -229.61  | 472.04  | 125.03  | -8.69  | 
Other operating items  | ||||
Operating  | -226.29  | 473.4  | 130.7  | -2.73  | 
Capital expenditure  | 150.15  | 49.11  | 13.79  | -37.77  | 
Free cash flow  | -76.14  | 522.51  | 144.49  | -40.5  | 
Equity raised  | 1,398.38  | 879.49  | 226.82  | 115.15  | 
Investing  | 32.23  | 0.01  | 0  | -6.01  | 
Financing  | -1.81  | -23.18  | 58.25  | 74.76  | 
Dividends paid  | 0  | 0  | 0  | 0  | 
Net in cash  | 1,352.65  | 1,378.84  | 429.56  | 143.39  | 
The contract under process is the ₹10,000 crore contract for the supply of 5,150 electric buses, which was awarded on 7 July 2023 to a consortium headed by Evey Trans Pvt. Ltd. and Olectra Greentech in a 12-year deal.
Revenue from operations rose by 71% to ₹524 crore in Q2FY25, compared to ₹307 crore in Q2FY24.
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