Strong Free Cash FlowThe company generated very strong free cash flow (4.56bn) with operating cash flow ~5x net income, providing durable internal funding for ongoing projects. This reduces near-term refinancing needs, supports construction cash cycles, and enables reinvestment or debt paydown over months.
Significant Revenue ExpansionRevenue roughly doubled to 24.9bn, reflecting successful project launches and stronger sales execution. Sustained higher top-line scale improves absorption of fixed project costs, supports margin improvement potential, and underpins longer-term cash receipts tied to unit sales.
Focused Affordable / Mid-Income StrategyConcentration on affordable and mid-income housing in the Delhi‑NCR market targets structurally large, resilient demand segments. This segment focus typically yields faster sales cycles and lower per-unit risk versus premium projects, supporting steadier cash conversion over time.