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 | 363.8 | 394.4 | 448.8 | — | |
| + Finance Costs | 688.8 | 614.8 | 567.0 | — | |
| + Interest Income | -214.3 | -172.7 | -123.3 | — | |
| + Fair Value (Gains) / Losses | 0.0 | 0.0 | -132.6 | — | |
| + Share-based Payments | 0.0 | 7.0 | 26.2 | — | |
| + Unrealised FX (Gain) / Loss | 19.6 | 57.6 | 306.3 | — | |
| + Other Non-cash Items | -47.5 | -5.7 | 0.6 | — | |
| + Other Reconciling Items | -1.5 | -1.6 | 5.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 466.9 | -1,453.6 | 576.0 | — | |
| + Trade Receivables — Current | 143.1 | -636.9 | -179.1 | — | |
| + Other Financial Assets — Current | 283.5 | 36.5 | -29.1 | — | |
| + Other Current Assets | 1.9 | -170.4 | 6.7 | — | |
| + Trade Payables — Current | -1,512.0 | 1,836.6 | 1,197.8 | — | |
| + Other Financial Liabilities — Current | 15.6 | 0.0 | -110.4 | — | |
| + Other Current Liabilities | 0.0 | 365.1 | 279.5 | — | |
| + Provisions — Current | -19.2 | -23.0 | 80.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 262.4 | 1,600.6 | 1,367.0 | 1,515.3 | |
| + Total Adjustments (incl. Working Capital) | 188.6 | 848.1 | 2,919.8 | — | |
| Cash from Operations (pre-tax) | 451.0 | 2,448.7 | 4,286.9 | — | |
| + Income Taxes Paid | 162.1 | 299.0 | 358.5 | — | |
| Cash from Operating Activities | 288.9 | 2,149.7 | 3,928.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 932.3 | 995.5 | 833.4 | — | |
| + Disp of Fixed Assets | 2.2 | 35.9 | 9.1 | — | |
| + Sale of Investments (Equity / Debt) | 7.4 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 16.4 | 415.0 | — | |
| + Interest Received — Investing | 219.0 | 174.7 | 123.4 | — | |
| + Other Inflows / (Outflows) — Investing | 845.9 | 530.8 | 49.7 | — | |
| Cash from Investing Activities | 142.2 | -270.4 | -1,066.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 178.0 | 156.6 | 251.3 | — | |
| + Repayment of Borrowings | 0.0 | 889.0 | 1,260.2 | — | |
| + Payment of Lease Liabilities | 65.2 | 70.7 | 84.1 | — | |
| + Interest Paid | 675.8 | 618.2 | 550.3 | — | |
| + Other Inflows / (Outflows) — Financing | -0.4 | -122.4 | -35.0 | — | |
| Cash from Financing Activities | -563.4 | -1,543.7 | -1,678.3 | — | |
| Net Changes in Cash (pre-FX) | -132.3 | 335.6 | 1,183.9 | — | |
| + Effect of FX Rate Changes on Cash | -3.9 | -7.9 | 28.2 | — | |
| Net Changes in Cash | -136.2 | 327.6 | 1,212.0 | — | |
| Closing Cash | 258.6 | 302.2 | 1,456.5 | — | |
| Reference Items | |||||
| EBITDA | 1,135.3 | 2,481.7 | 2,130.8 | 2,458.2 | |
| EBITDA Margin % | 2.21 | 3.90 | 2.85 | 3.16 | |
| Free Cash Flow (CFO − Capex) | -643.4 | 1,154.2 | 3,095.0 | 3,095.0 | |
| Free Cash Flow to Equity | — | -167.6 | 1,651.0 | — | |
| Free Cash Flow per Basic Share | -4.97 | 8.92 | 23.93 | 23.93 | |
| Price to Free Cash Flow | — | — | — | 7.76 | |
| Cash Flow to Net Income | 1.95 | 1.75 | 3.76 | — | |
| Cash Paid for Taxes | 162.1 | 299.0 | 358.5 | — | |
| Cash Paid for Interest | 675.8 | 618.2 | 550.3 | — | |