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 | 1,568.8 | 1,687.0 | 1,956.7 | — | |
| + Finance Costs | 974.4 | 897.4 | 990.3 | — | |
| + Interest Income | 0.0 | -108.7 | -115.4 | — | |
| + Dividend Income | 0.0 | -2.8 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -632.2 | 41.5 | -163.2 | — | |
| + Share-based Payments | 100.6 | 137.0 | 163.9 | — | |
| + Unrealised FX (Gain) / Loss | -105.4 | -57.6 | -39.7 | — | |
| + Other Non-cash Items | 594.5 | 44.7 | 79.9 | — | |
| + Other — Cash Effects are Investing / Financing | -67.4 | -1,057.3 | 103.6 | — | |
| + Other Reconciling Items | 0.0 | 130.0 | -55.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | -886.4 | -0.3 | -917.8 | — | |
| + Trade Receivables — Current | -2,417.4 | 548.2 | 624.4 | — | |
| + Other Current Assets | -267.9 | -205.7 | -647.1 | — | |
| + Trade Payables — Current | 2,936.5 | 580.8 | -191.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,609.4 | 1,886.6 | 447.9 | 478.6 | |
| + Total Adjustments (incl. Working Capital) | 1,798.1 | 2,634.2 | 1,788.7 | — | |
| Cash from Operations (pre-tax) | 3,407.5 | 4,520.8 | 2,236.6 | — | |
| + Interest Received — Operating | -161.3 | 0.0 | 0.0 | — | |
| + Income Taxes Paid | 292.3 | 459.6 | 242.6 | — | |
| Cash from Operating Activities | 2,953.9 | 4,061.2 | 1,994.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,680.5 | 2,136.6 | 1,797.9 | — | |
| + Acq of Intangible Assets | 251.1 | 206.7 | 113.8 | — | |
| + Disp of Fixed Assets | 23.3 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 0.3 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 1,825.2 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 553.2 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 2.8 | 0.0 | — | |
| + Interest Received — Investing | 144.6 | 114.4 | 148.0 | — | |
| + Other Inflows / (Outflows) — Investing | 1,312.4 | 166.5 | -318.4 | — | |
| Cash from Investing Activities | -1,004.5 | -234.1 | -2,082.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.5 | 8,531.1 | — | |
| + Proceeds from Exercise of Stock Options | 30.7 | 9.9 | 70.4 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 5,800.2 | — | |
| + Proceeds from Debentures / Notes / Bonds | 800.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 696.6 | 10,342.8 | 301.3 | — | |
| + Repayment of Borrowings | 2,767.8 | 9,769.9 | 2,707.9 | — | |
| + Payment of Lease Liabilities | 41.8 | 138.8 | 90.9 | — | |
| + Interest Paid | 847.4 | 634.2 | 865.4 | — | |
| + Dividends Paid | 203.0 | 82.9 | 90.8 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -1,581.4 | -271.2 | — | |
| Cash from Financing Activities | -2,332.7 | -1,854.0 | -923.6 | — | |
| Net Changes in Cash (pre-FX) | -383.3 | 1,973.1 | -1,011.7 | — | |
| + Effect of FX Rate Changes on Cash | 2.9 | 31.2 | 199.4 | — | |
| Net Changes in Cash | -380.4 | 2,004.3 | -812.3 | — | |
| Closing Cash | 919.5 | 2,923.8 | 2,111.5 | — | |
| Reference Items | |||||
| EBITDA | 3,298.7 | 3,166.3 | 3,455.3 | 3,536.4 | |
| EBITDA Margin % | 22.36 | 20.75 | 20.41 | 20.42 | |
| Free Cash Flow (CFO − Capex) | 1,022.3 | 1,717.9 | 82.3 | 82.3 | |
| Free Cash Flow to Equity | — | 3,109.6 | -3,713.9 | — | |
| Free Cash Flow per Basic Share | 6.31 | 10.60 | 0.51 | 0.51 | |
| Price to Free Cash Flow | — | — | — | 770.12 | |
| Cash Flow to Net Income | 2.28 | 2.84 | 5.41 | — | |
| Cash Paid for Taxes | 292.3 | 459.6 | 242.6 | — | |
| Cash Paid for Interest | 847.4 | 634.2 | 865.4 | — | |