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 | 1,655.2 | 1,807.4 | 1,339.5 | — | |
| + Finance Costs | 876.6 | 949.4 | 515.7 | — | |
| + Interest Income | -26.3 | -104.6 | -90.1 | — | |
| + Fair Value (Gains) / Losses | -73.7 | -183.1 | -70.4 | — | |
| + Share-based Payments | 25.4 | 50.7 | 5.5 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 14.6 | 2.0 | — | |
| + Undistributed Profits of Associates | 0.0 | -17.9 | -29.4 | — | |
| + Other Non-cash Items | -76.6 | 4.1 | -2.0 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -111.2 | -128.5 | — | |
| + Other Reconciling Items | 0.0 | 231.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 230.9 | -38.8 | -373.8 | — | |
| + Trade Receivables — Current | -174.4 | -414.8 | -39.7 | — | |
| + Other Current Assets | -133.0 | -59.2 | -359.8 | — | |
| + Trade Payables — Current | -62.4 | 231.4 | 233.0 | — | |
| + Other Current Liabilities | -19.5 | -14.6 | 40.0 | — | |
| + Provisions — Current | -8.8 | 17.8 | 64.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -828.9 | -718.4 | -928.1 | -975.4 | |
| + Total Adjustments (incl. Working Capital) | 2,213.4 | 2,398.1 | 1,165.1 | — | |
| Cash from Operations (pre-tax) | 1,384.5 | 1,679.7 | 237.0 | — | |
| + Income Taxes Paid | 43.1 | 35.9 | 76.2 | — | |
| Cash from Operating Activities | 1,341.4 | 1,643.8 | 160.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 747.0 | 634.8 | 508.8 | — | |
| + Disp of Fixed Assets | 5.9 | 42.1 | 52.9 | — | |
| + Purchase of Investments (Equity / Debt) | 19,009.7 | 759.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 18,341.3 | 0.0 | 616.2 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 148.1 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 1,608.5 | 127.4 | 0.0 | — | |
| + Interest Received — Investing | 26.3 | 15.5 | 22.4 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.0 | -449.7 | — | |
| Cash from Investing Activities | -2,991.6 | -1,611.7 | -267.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 1,432.3 | 4,182.8 | 0.4 | — | |
| + Buyback / Redemption of Own Shares | -3.7 | -7.2 | -8.5 | — | |
| + Proceeds from Borrowings | 2,140.7 | 882.9 | 322.5 | — | |
| + Repayment of Borrowings | 353.4 | 2,698.7 | 68.0 | — | |
| + Payment of Lease Liabilities | 995.5 | 1,130.0 | 796.5 | — | |
| + Interest Paid | 816.2 | 910.5 | 508.5 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | 448.0 | — | |
| Cash from Financing Activities | 1,411.6 | 333.7 | -593.6 | — | |
| Net Changes in Cash (pre-FX) | -238.7 | 365.8 | -699.9 | — | |
| Net Changes in Cash | -238.7 | 365.8 | -699.9 | — | |
| Closing Cash | 454.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,465.4 | 658.5 | 657.3 | 675.4 | |
| EBITDA Margin % | 10.47 | 8.95 | 8.04 | 8.07 | |
| Free Cash Flow (CFO − Capex) | 594.4 | 1,009.1 | -348.1 | -348.1 | |
| Free Cash Flow to Equity | — | -2,668.0 | -600.5 | — | |
| Free Cash Flow per Basic Share | 4.87 | 8.27 | -2.85 | -2.85 | |
| Cash Flow to Net Income | -1.82 | -3.61 | -0.19 | — | |
| Cash Paid for Taxes | 43.1 | 35.9 | 76.2 | — | |
| Cash Paid for Interest | 816.2 | 910.5 | 508.5 | — | |