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 | 1,521.7 | 1,649.4 | 1,778.2 | — | |
| + Impairment Loss / (Reversal) | 32.6 | 0.0 | 0.0 | — | |
| + Finance Costs | 268.1 | 440.4 | 352.3 | — | |
| + Interest Income | -285.8 | -353.2 | -329.1 | — | |
| + Dividend Income | 0.0 | 0.0 | -2.3 | — | |
| + Fair Value (Gains) / Losses | -2.7 | 16.9 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -51.2 | 58.7 | 221.0 | — | |
| + Other Non-cash Items | 6.4 | 2.5 | 9.4 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | 54.6 | — | |
| + Other Reconciling Items | -10.1 | -12.1 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -1,303.7 | -735.5 | -1,499.8 | — | |
| + Trade Receivables — Current | -264.2 | -862.1 | -1,170.7 | — | |
| + Other Financial Assets — Current | 0.0 | -171.6 | 155.6 | — | |
| + Other Financial Assets — Non-current | -173.6 | 0.0 | 0.0 | — | |
| + Other Current Assets | -669.0 | 171.3 | -420.3 | — | |
| + Trade Payables — Current | 582.8 | -310.9 | 1,281.6 | — | |
| + Other Financial Liabilities — Current | 317.4 | 936.8 | 1,057.2 | — | |
| + Other Current Liabilities | -263.4 | -331.5 | 560.7 | — | |
| + Provisions — Current | 98.6 | 59.0 | 199.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 4,397.2 | 5,098.0 | 5,110.3 | 5,422.1 | |
| + Total Adjustments (incl. Working Capital) | -196.0 | 558.0 | 2,248.1 | — | |
| Cash from Operations (pre-tax) | 4,201.2 | 5,656.0 | 7,358.4 | — | |
| + Income Taxes Paid | 1,766.6 | 1,731.4 | 1,832.0 | — | |
| Cash from Operating Activities | 2,434.5 | 3,924.6 | 5,526.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 2,780.3 | 1,967.9 | 2,685.8 | — | |
| + Acq of Intangible Assets | 781.2 | 551.7 | 418.9 | — | |
| + Disp of Fixed Assets | 60.3 | 2.8 | 46.3 | — | |
| + Purchase of Investments (Equity / Debt) | 3.8 | 23.0 | 787.8 | — | |
| + Sale of Investments (Equity / Debt) | 179.2 | 111.2 | 5.9 | — | |
| + Acq of Interests in Joint Ventures | 21.9 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 11.4 | 303.2 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 2.3 | — | |
| + Interest Received — Investing | 280.8 | 347.4 | 328.6 | — | |
| + Other Inflows / (Outflows) — Investing | -1,189.0 | 217.4 | 354.2 | — | |
| Cash from Investing Activities | -4,256.0 | -1,875.1 | -3,458.4 | — | |
| Cash from Financing Activities | |||||
| + Buyback / Redemption of Own Shares | 0.0 | 930.2 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 22.5 | 0.0 | — | |
| + Proceeds from Borrowings | 1,478.5 | 2,722.6 | 719.9 | — | |
| + Repayment of Borrowings | 17.2 | 1,118.9 | 1,304.0 | — | |
| + Payment of Lease Liabilities | 146.6 | 109.8 | 108.5 | — | |
| + Interest Paid | 250.7 | 420.3 | 344.1 | — | |
| + Dividends Paid | 263.6 | 0.0 | 232.4 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -1.0 | 0.0 | — | |
| Cash from Financing Activities | 800.4 | 119.8 | -1,269.2 | — | |
| Net Changes in Cash (pre-FX) | -1,021.0 | 2,169.3 | 798.8 | — | |
| + Effect of FX Rate Changes on Cash | 14.2 | 9.1 | 828.8 | — | |
| Net Changes in Cash | -1,006.8 | 2,178.4 | 1,627.6 | — | |
| Closing Cash | 3,385.4 | 5,563.8 | — | — | |
| Reference Items | |||||
| EBITDA | 5,843.0 | 6,582.8 | 6,845.7 | 7,085.3 | |
| EBITDA Margin % | 20.15 | 20.75 | 20.34 | 20.28 | |
| Free Cash Flow (CFO − Capex) | -1,127.0 | 1,405.1 | 2,421.7 | 2,421.7 | |
| Free Cash Flow to Equity | — | 2,611.2 | 1,812.1 | — | |
| Free Cash Flow per Basic Share | -19.40 | 24.19 | 41.70 | 41.70 | |
| Price to Free Cash Flow | — | — | — | 39.96 | |
| Cash Flow to Net Income | 0.77 | 1.13 | 1.58 | — | |
| Cash Paid for Taxes | 1,766.6 | 1,731.4 | 1,832.0 | — | |
| Cash Paid for Interest | 250.7 | 420.3 | 344.1 | — | |