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 | 927.3 | 1,086.7 | 1,137.6 | — | |
| + Impairment Loss / (Reversal) | 186.3 | 677.9 | 1,297.0 | — | |
| + Finance Costs | 426.9 | 397.3 | 426.1 | — | |
| + Interest Income | -78.9 | 0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | 128.7 | -128.0 | 29.1 | — | |
| + Share-based Payments | 8.6 | 13.8 | -29.0 | — | |
| + Unrealised FX (Gain) / Loss | 2.8 | -2.5 | -29.1 | — | |
| + Other Non-cash Items | -54.5 | -5.1 | 16.0 | — | |
| + Other — Cash Effects are Investing / Financing | -74.9 | -65.7 | -138.5 | — | |
| Changes in Working Capital | |||||
| + Inventories | -567.6 | 21.9 | -685.7 | — | |
| + Trade Receivables — Current | 306.2 | 489.9 | 280.7 | — | |
| + Other Financial Assets — Non-current | -10,740.5 | -7,603.7 | -12,256.3 | — | |
| + Other Non-current Assets | 54.8 | 221.2 | -418.6 | — | |
| + Trade Payables — Current | -781.9 | 1,224.7 | 1,270.6 | — | |
| + Other Financial Liabilities — Current | 328.8 | 211.1 | 474.1 | — | |
| + Other Current Liabilities | 100.9 | 98.4 | 33.9 | — | |
| + Provisions — Current | 405.2 | 207.6 | 240.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 4,089.7 | 4,564.8 | 5,103.2 | 5,160.1 | |
| + Total Adjustments (incl. Working Capital) | -9,421.8 | -3,154.5 | -8,351.6 | — | |
| Cash from Operations (pre-tax) | -5,332.1 | 1,410.3 | -3,248.4 | — | |
| + Interest Received — Operating | 0.0 | -94.6 | -219.1 | — | |
| + Other Inflows / (Outflows) — Operating | -59.8 | -37.0 | -4.1 | — | |
| + Income Taxes Paid | 866.1 | 1,150.3 | 1,423.1 | — | |
| Cash from Operating Activities | -6,258.0 | 128.5 | -4,894.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,133.5 | 1,648.1 | 2,945.5 | — | |
| + Disp of Fixed Assets | 45.9 | 49.1 | 128.6 | — | |
| + Purchase of Investments (Equity / Debt) | 2,291.5 | 2,696.0 | 569.3 | — | |
| + Sale of Investments (Equity / Debt) | 2,174.4 | 1,142.8 | 924.1 | — | |
| + Loans & Advances Made | 444.0 | 1,420.0 | 2,390.0 | — | |
| + Loans & Advances Repaid | 54.0 | 1,750.0 | 2,450.0 | — | |
| + Government Grants Received | 0.0 | 0.0 | 62.0 | — | |
| + Interest Received — Investing | 83.6 | 89.1 | 171.9 | — | |
| + Other Inflows / (Outflows) — Investing | 2,646.4 | -3,025.2 | -4,847.7 | — | |
| Cash from Investing Activities | 1,135.4 | -5,758.3 | -7,015.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 2.2 | 2.5 | 3.3 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 392.0 | 0.0 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 2.6 | 0.0 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 81.4 | — | |
| + Proceeds from Borrowings | 32,851.6 | 42,682.6 | 50,011.9 | — | |
| + Repayment of Borrowings | 23,177.4 | 33,632.8 | 36,065.3 | — | |
| + Payment of Lease Liabilities | 74.5 | 140.6 | 81.7 | — | |
| + Interest Paid | 409.5 | 305.4 | 334.3 | — | |
| + Dividends Paid | 763.4 | 2,040.8 | 1,835.4 | — | |
| Cash from Financing Activities | 8,431.6 | 6,957.6 | 11,617.2 | — | |
| Net Changes in Cash (pre-FX) | 3,309.0 | 1,327.8 | -293.3 | — | |
| + Effect of FX Rate Changes on Cash | -0.3 | -0.3 | 29.4 | — | |
| Net Changes in Cash | 3,308.7 | 1,327.5 | -263.9 | — | |
| Closing Cash | 5,217.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 7,942.9 | 9,207.8 | 10,745.0 | 10,981.9 | |
| EBITDA Margin % | 17.35 | 18.97 | 19.06 | 19.03 | |
| Free Cash Flow (CFO − Capex) | -7,391.5 | -1,519.6 | -7,840.2 | -7,840.2 | |
| Free Cash Flow to Equity | — | 7,335.0 | 5,799.1 | — | |
| Free Cash Flow per Basic Share | -12.58 | -2.59 | -13.35 | -13.35 | |
| Cash Flow to Net Income | -2.32 | 0.04 | -1.32 | — | |
| Cash Paid for Taxes | 866.1 | 1,150.3 | 1,423.1 | — | |
| Cash Paid for Interest | 409.5 | 305.4 | 334.3 | — | |