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 | 101.4 | 95.1 | 99.1 | — | |
| + Impairment Loss / (Reversal) | 83.2 | 89.3 | 57.9 | — | |
| + Finance Costs | 95.6 | 93.3 | 96.4 | — | |
| + Interest Income | 0.0 | -9.8 | 10.8 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -0.0 | -0.2 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | -0.1 | — | |
| + Undistributed Profits of Associates | 0.0 | 0.0 | -6.1 | — | |
| + Other Non-cash Items | 0.1 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | -13.8 | -39.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -12.5 | 1.2 | -19.0 | — | |
| + Trade Receivables — Current | -279.7 | -605.2 | -105.3 | — | |
| + Other Financial Assets — Current | -334.5 | 0.0 | -249.8 | — | |
| + Other Current Assets | 0.0 | 129.1 | 0.0 | — | |
| + Trade Payables — Current | 184.5 | 94.7 | 19.5 | — | |
| + Other Financial Liabilities — Current | -30.9 | -29.2 | 154.4 | — | |
| + Provisions — Current | 0.0 | 0.5 | 0.7 | — | |
| + Provisions — Non-current | 5.8 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 166.4 | 248.5 | 252.6 | 242.0 | |
| + Total Adjustments (incl. Working Capital) | -187.0 | -154.8 | 31.2 | — | |
| Cash from Operations (pre-tax) | -20.6 | 93.7 | 283.8 | — | |
| + Interest Received — Operating | -12.2 | 0.0 | 10.8 | — | |
| + Income Taxes Paid | 6.0 | 42.2 | 71.3 | — | |
| Cash from Operating Activities | -38.8 | 51.5 | 223.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 84.8 | 102.7 | 174.8 | — | |
| + Disp of Fixed Assets | 0.4 | 7.2 | 3.4 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | 25.1 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | 4.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | -11.7 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.7 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | -0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 11.6 | 10.5 | 9.2 | — | |
| + Other Inflows / (Outflows) — Investing | -79.6 | 77.0 | 0.0 | — | |
| Cash from Investing Activities | -152.3 | -8.7 | -152.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 322.4 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 95.7 | 250.6 | 183.7 | — | |
| + Repayment of Borrowings | 136.6 | 161.4 | 128.7 | — | |
| + Payment of Lease Liabilities | 1.4 | 2.9 | 5.1 | — | |
| + Interest Paid | 98.6 | 84.3 | 93.2 | — | |
| Cash from Financing Activities | 181.6 | 2.0 | -43.3 | — | |
| Net Changes in Cash (pre-FX) | -9.6 | 44.8 | 27.1 | — | |
| Net Changes in Cash | -9.6 | 44.8 | 27.1 | — | |
| Closing Cash | 19.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 331.4 | 379.4 | 427.2 | 424.3 | |
| EBITDA Margin % | 17.15 | 16.15 | 16.29 | 15.94 | |
| Free Cash Flow (CFO − Capex) | -123.6 | -51.2 | 48.5 | 48.5 | |
| Free Cash Flow to Equity | — | -44.7 | 10.4 | — | |
| Free Cash Flow per Basic Share | -14.61 | -6.05 | 5.73 | 5.73 | |
| Price to Free Cash Flow | — | — | — | 34.20 | |
| Cash Flow to Net Income | -0.32 | 0.25 | 1.16 | — | |
| Cash Paid for Taxes | 6.0 | 42.2 | 71.3 | — | |
| Cash Paid for Interest | 98.6 | 84.3 | 93.2 | — | |