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 | 291.4 | 356.8 | 441.2 | — | |
| + Fair Value (Gains) / Losses | -1,279.4 | -1,566.3 | 128.2 | — | |
| + Share-based Payments | 102.7 | 92.9 | 154.7 | — | |
| + Other Non-cash Items | 9,215.2 | 10,659.3 | 8,655.7 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -306.5 | -31.8 | -159.3 | — | |
| + Other Financial Assets — Current | -38,296.0 | -39,963.7 | -52,234.9 | — | |
| + Other Current Assets | -153.6 | -1,246.0 | 0.0 | — | |
| + Trade Payables — Current | 6.5 | 6.9 | 523.9 | — | |
| + Other Current Liabilities | 2,864.6 | 850.2 | 2,334.8 | — | |
| + Provisions — Current | 63.3 | 39.7 | 6.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 4,278.5 | 4,426.0 | 4,819.8 | 5,244.1 | |
| + Total Adjustments (incl. Working Capital) | -27,491.7 | -30,802.1 | -40,148.9 | — | |
| Cash from Operations (pre-tax) | -23,213.3 | -26,376.0 | -35,329.1 | — | |
| + Income Taxes Paid | 887.2 | 1,558.6 | 1,215.0 | — | |
| Cash from Operating Activities | -24,100.5 | -27,934.6 | -36,544.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 402.4 | 457.7 | 393.6 | — | |
| + Disp of Fixed Assets | 4.2 | 9.9 | 32.2 | — | |
| + Acq of Other Long-term Assets | 114.1 | 671.3 | 1,599.6 | — | |
| + Disp of Other Long-term Assets | 1,008.0 | 1,792.9 | 111.4 | — | |
| + Dividends Received — Investing | 75.6 | 175.0 | 311.2 | — | |
| + Other Inflows / (Outflows) — Investing | -5,161.7 | 85.7 | -2,005.9 | — | |
| Cash from Investing Activities | -4,590.3 | 934.6 | -3,544.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 2,962.6 | 0.0 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 70.5 | 72.8 | 116.8 | — | |
| + Proceeds from Borrowings | 41,991.1 | 49,327.3 | 66,704.7 | — | |
| + Repayment of Borrowings | 16,578.0 | 19,541.3 | 28,850.7 | — | |
| + Payment of Lease Liabilities | 107.8 | 166.8 | 184.9 | — | |
| + Dividends Paid | 0.0 | 61.6 | 0.0 | — | |
| + Other Inflows / (Outflows) — Financing | 175.9 | 146.0 | 375.1 | — | |
| Cash from Financing Activities | 28,514.3 | 29,776.5 | 38,161.1 | — | |
| Net Changes in Cash (pre-FX) | -176.5 | 2,776.5 | -1,927.5 | — | |
| Net Changes in Cash | -176.5 | 2,776.5 | -1,927.5 | — | |
| Closing Cash | 1,554.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 12,034.5 | 14,232.7 | 16,694.1 | 17,802.6 | |
| EBITDA Margin % | 34.88 | 35.06 | 36.68 | 36.95 | |
| Free Cash Flow (CFO − Capex) | -24,502.9 | -28,392.3 | -36,937.7 | -36,937.7 | |
| Free Cash Flow per Basic Share | -93.54 | -108.38 | -141.00 | -141.00 | |
| Cash Flow to Net Income | -7.01 | -8.19 | -9.46 | — | |
| Cash Paid for Taxes | 887.2 | 1,558.6 | 1,215.0 | — | |