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 | 683.3 | 881.0 | 1,009.0 | — | |
| + Impairment Loss / (Reversal) | 4,630.7 | 7,966.0 | 10,281.5 | — | |
| + Finance Costs | 18,724.7 | 24,770.8 | 28,666.0 | — | |
| + Interest Income | -48,306.6 | -61,163.6 | -72,776.0 | — | |
| + Dividend Income | 0.0 | -1.3 | -1.1 | — | |
| + Fair Value (Gains) / Losses | -308.3 | -539.0 | -471.2 | — | |
| + Share-based Payments | 268.2 | 394.0 | 439.6 | — | |
| + Other Non-cash Items | -50.8 | -543.7 | -462.8 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -88,645.0 | -90,194.6 | -1,03,846.3 | — | |
| + Other Financial Assets — Current | -306.3 | 531.6 | 736.5 | — | |
| + Other Current Assets | -33.6 | -1,545.9 | 6,246.3 | — | |
| + Other Bank Balances | -3,589.1 | -3,096.0 | -4,124.3 | — | |
| + Trade Payables — Current | 611.9 | -186.0 | 226.5 | — | |
| + Other Financial Liabilities — Current | 125.3 | -7.5 | 724.2 | — | |
| + Other Current Liabilities | 242.6 | 261.0 | 526.2 | — | |
| + Provisions — Current | 89.8 | 67.3 | 251.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 19,301.9 | 22,061.8 | 25,800.2 | 27,577.2 | |
| + Total Adjustments (incl. Working Capital) | -1,15,863.2 | -1,22,405.8 | -1,32,575.0 | — | |
| Cash from Operations (pre-tax) | -96,561.3 | -1,00,343.9 | -1,06,774.8 | — | |
| + Interest Received — Operating | 45,853.5 | 60,530.1 | 73,341.3 | — | |
| + Interest Paid — Operating | 17,044.0 | 22,421.4 | 25,946.8 | — | |
| + Other Inflows / (Outflows) — Operating | 89.6 | 28.6 | 51.4 | — | |
| + Income Taxes Paid | 5,098.0 | 5,947.9 | 6,460.9 | — | |
| Cash from Operating Activities | -72,760.1 | -68,154.5 | -65,789.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 603.6 | 584.1 | 560.0 | — | |
| + Acq of Intangible Assets | 434.2 | 497.8 | 401.1 | — | |
| + Disp of Fixed Assets | 38.9 | 36.4 | 65.3 | — | |
| + Purchase of Investments (Equity / Debt) | 1,41,562.6 | 47,899.4 | 1,04,479.9 | — | |
| + Sale of Investments (Equity / Debt) | 1,34,446.3 | 46,178.6 | 1,01,985.9 | — | |
| + Dividends Received — Investing | 0.0 | 1.3 | 1.1 | — | |
| + Interest Received — Investing | 944.0 | 0.0 | 0.0 | — | |
| Cash from Investing Activities | -7,171.2 | -2,765.0 | -3,388.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 9,032.6 | 1,251.3 | 435.3 | — | |
| + Proceeds from Other Equity Instruments | 297.2 | 0.0 | 0.0 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 6,460.5 | 1,380.2 | — | |
| + Proceeds from Borrowings | 1,09,449.7 | 1,04,282.0 | 1,25,221.5 | — | |
| + Repayment of Borrowings | 34,375.9 | 39,026.6 | 55,884.9 | — | |
| + Payment of Lease Liabilities | 174.0 | 214.6 | 242.5 | — | |
| + Dividends Paid | 1,814.6 | 2,225.2 | 3,476.6 | — | |
| Cash from Financing Activities | 82,415.1 | 70,527.4 | 67,432.9 | — | |
| Net Changes in Cash (pre-FX) | 2,483.8 | -392.1 | -1,745.6 | — | |
| Net Changes in Cash | 2,483.8 | -392.1 | -1,745.6 | — | |
| Closing Cash | 4,034.5 | 3,642.5 | 1,896.9 | — | |
| Reference Items | |||||
| EBITDA | 38,696.9 | 47,672.3 | 55,733.2 | 58,573.6 | |
| EBITDA Margin % | 70.40 | 68.41 | 67.98 | 67.98 | |
| Free Cash Flow (CFO − Capex) | -73,797.9 | -69,236.3 | -66,750.9 | -66,750.9 | |
| Free Cash Flow per Basic Share | -118.69 | -111.35 | -107.35 | -107.35 | |
| Cash Flow to Net Income | -5.03 | -4.06 | -3.40 | — | |
| Cash Paid for Taxes | 5,098.0 | 5,947.9 | 6,460.9 | — | |