In ₹ Crore except Per Share 12 Months Ending | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Last 12M 30/06/2026 | |
|---|---|---|---|---|---|
| Adjustments to Reconcile Profit — Non-cash Items | |||||
| + Depreciation & Amortisation | 1,776.1 | 1,883.2 | 1,978.2 | — | |
| + Finance Costs | 2,766.5 | 3,259.2 | 3,632.9 | — | |
| + Interest Income | -386.6 | -488.4 | -472.3 | — | |
| + Fair Value (Gains) / Losses | -43.1 | 0.0 | -118.9 | — | |
| + Unrealised FX (Gain) / Loss | 0.4 | 1.1 | 0.0 | — | |
| + Other Non-cash Items | -149.0 | 2,799.2 | -1,192.9 | — | |
| + Other Reconciling Items | 0.0 | -1,340.8 | 17.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -103.4 | -476.1 | -44.2 | — | |
| + Trade Receivables — Current | -144.4 | 327.3 | -9.1 | — | |
| + Trade Receivables — Non-current | 0.0 | 0.0 | -1,502.5 | — | |
| + Other Financial Assets — Current | 431.0 | -450.3 | 0.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -943.7 | — | |
| + Other Current Assets | 0.0 | -125.9 | 1,099.5 | — | |
| + Trade Payables — Current | -59.3 | 967.2 | 1,938.7 | — | |
| + Other Financial Liabilities — Current | 416.2 | 152.6 | 0.0 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 0.0 | 2,832.4 | — | |
| + Other Current Liabilities | 53.8 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,779.6 | 2,415.6 | 4,210.4 | 4,489.5 | |
| + Total Adjustments (incl. Working Capital) | 4,558.1 | 6,508.3 | 7,215.4 | — | |
| Cash from Operations (pre-tax) | 6,337.7 | 8,923.9 | 11,425.8 | — | |
| + Income Taxes Paid | 300.1 | 228.7 | 429.1 | — | |
| Cash from Operating Activities | 6,037.6 | 8,695.2 | 10,996.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 5,429.5 | 9,378.1 | 14,431.8 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 15.6 | — | |
| + Acq of Subsidiaries / Businesses (net) | 34.8 | 2,581.6 | 50.5 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 815.0 | 0.0 | — | |
| + Loans & Advances Made | -3.8 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 403.2 | 6.0 | — | |
| + Interest Received — Investing | 345.1 | 549.7 | 406.8 | — | |
| + Other Inflows / (Outflows) — Investing | 172.4 | -5,035.8 | 2.3 | — | |
| Cash from Investing Activities | -4,943.0 | -15,227.6 | -14,082.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 8,373.1 | 0.0 | — | |
| + Proceeds from Borrowings | 5,458.9 | 7,251.8 | 17,024.0 | — | |
| + Repayment of Borrowings | 2,916.0 | 4,738.4 | 10,455.2 | — | |
| + Payment of Lease Liabilities | 22.1 | 19.6 | 27.7 | — | |
| + Interest Paid | 3,222.0 | 2,976.6 | 4,074.9 | — | |
| + Dividends Paid | 85.8 | 0.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 243.7 | 84.9 | 164.0 | — | |
| Cash from Financing Activities | -543.2 | 7,975.2 | 2,630.3 | — | |
| Net Changes in Cash (pre-FX) | 551.3 | 1,442.9 | -455.8 | — | |
| Net Changes in Cash | 551.3 | 1,442.9 | -455.8 | — | |
| Closing Cash | 742.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 6,171.2 | 8,407.3 | 9,084.4 | 9,778.3 | |
| EBITDA Margin % | 37.16 | 35.37 | 32.93 | 32.08 | |
| Free Cash Flow (CFO − Capex) | 608.1 | -682.9 | -3,435.1 | -3,435.1 | |
| Free Cash Flow to Equity | — | -462.3 | 1,182.4 | — | |
| Free Cash Flow per Basic Share | 5.06 | -5.68 | -28.60 | -28.60 | |
| Cash Flow to Net Income | 5.05 | 9.43 | 4.60 | — | |
| Cash Paid for Taxes | 300.1 | 228.7 | 429.1 | — | |
| Cash Paid for Interest | 3,222.0 | 2,976.6 | 4,074.9 | — | |