from lease accounting of % 4.33 million. The main working capital adjustments in the three months ended June
30, 2020 included increase in inventories of % 34.15 million, increase in loans and advance and other assets =
20.12 million, increase in trade receivable of 212.18 million and increase in payable and other current liabilities
of 2102.36 million. Net cash used in operations in the three months ended June 30, 2020 amounted to 2 63.04
million.

Fiscal 2021

In Fiscal 2021, net cash from operating activities was = 898.53 million. Restated loss before tax for the year was
% 31.35 million in Fiscal 2021 and adjustments to reconcile loss before tax to operating profit before working
capital changes primarily consisted of depreciation of plant, property and equipment and amortisation of intangible
assets of 2 90.36 million; interest recognized on lease liability of = 202.89 million; and depreciation recognised
on lease assets of = 514.63 million. This was partially offset by adjustments for interest recognized on interest free
lease deposits of = 294.95 million and other income from lease accounting of = 255.24 million. The main working
capital adjustments in Fiscal 2021 included decrease in inventories of = 217.98 million and decrease in loans and
advance and other assets = 252.35 million. Cash generated from operations in Fiscal 2021 amounted to 2 898.85
million. Income tax paid amounted to = 0.32 million.

Fiscal 2020

In Fiscal 2020, net cash from operating activities was = 572.11 million. Restated profit before tax for the year was
% 682.86 million in Fiscal 2020 and adjustments to reconcile profit before tax to operating profit before working
capital changes primarily consisted of depreciation of plant, property and equipment and amortisation of intangible
assets of 71.27 million; interest recognized on lease liability of 2 163.88 million; and depreciation recognised
on lease assets of = 394.45 million. This was partially offset by adjustments for interest on fixed deposits of =
22.79 million and interest recognized on interest free lease deposits of = 12.73 million.

The main working capital adjustments in Fiscal 2020 included decrease in loans and advance and other assets of
% 198.62 million and increase in provisions of = 31.86 million. This was partially offset by adjustments for increase
in inventories of % 381.46 million; increase in trade and other receivables = 165.06 million; and decrease in trade
payables and other current liabilities of = 215.77 million. Cash generated from operations in Fiscal 2020 amounted
to 2 774.60 million. Income tax paid amounted to % 202.49 million.

Fiscal 2019

In Fiscal 2019, net cash from operating activities was = 332.86 million. Restated profit before tax for the year was
% 422.14 million in Fiscal 2019 and adjustments to reconcile profit before tax to operating profit before working
capital changes primarily consisted of depreciation of plant, property and equipment and amortisation of intangible
assets of 2 47.79 million; interest recognized on lease liability of = 113.60 million; and depreciation recognised
on lease assets of = 273.49 million. This was partially offset by adjustments for interest on fixed deposits of =
13.28 million and income from investment on mutual funds of % 28.69 million.

The main working capital adjustments in Fiscal 2019 included increase in trade payables and other current
liabilities of = 80.68 million and increase in provisions of % 3.75 million. This was partially offset by adjustments
for increase in inventories of % 266.39 million; increase in trade and other receivables of % 102.24 million; and
increase in loans and advance and other assets of = 133.99 million. Cash generated from operations in Fiscal 2019
amounted to 2 500.30 million. Income tax paid amounted to 2 167.44 million.

Investing Activities

Three Months ended June 30, 2021

Cash flow from investing activities was = 391.89 million in the three months ended June 30, 2021, primarily on
account of redemption of mutual fund of % 553.68 million and fixed deposit maturity of = 185.72 million. This
was partially offset by purchase of mutual funds of = 260.00 million; purchase of property, plant and equipment,
intangible assets and capital work in progress 2 11.95 million; and placement of fixed deposits of = 73 million.

Three Months ended June 30, 2020

Cash flow from investing activities was = 164.79 million in the three months ended June 30, 2020, primarily on
account of redemption of mutual fund of = 88.91 million and fixed deposit maturity of = 71.45 million. This was

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