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 | 71.3 | 111.2 | 147.8 | — | |
| + Impairment Loss / (Reversal) | 86.0 | 595.5 | 849.3 | — | |
| + Finance Costs | 206.7 | 320.7 | 301.2 | — | |
| + Interest Income | -12.8 | -54.5 | -7.6 | — | |
| + Dividend Income | 22.6 | 22.5 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -16.7 | -54.8 | 0.0 | — | |
| + Share-based Payments | 4.5 | 2.5 | 21.4 | — | |
| + Other Non-cash Items | -0.0 | 5.8 | 0.4 | — | |
| + Other — Cash Effects are Investing / Financing | -2.4 | 21.8 | -435.9 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -12.3 | -28.8 | 4.7 | — | |
| + Other Financial Assets — Current | -244.5 | 2,231.4 | -2,440.0 | — | |
| + Other Current Assets | -31.8 | 13.0 | 30.8 | — | |
| + Other Bank Balances | -4.6 | -373.5 | 177.0 | — | |
| + Trade Payables — Current | 23.0 | -20.8 | 16.6 | — | |
| + Other Financial Liabilities — Current | 0.3 | 0.0 | -162.9 | — | |
| + Other Current Liabilities | 0.8 | 15.2 | 0.0 | — | |
| + Other Non-current Liabilities | 195.9 | 15.0 | 0.0 | — | |
| + Provisions — Current | 0.0 | 0.0 | -20.7 | — | |
| + Provisions — Non-current | -49.2 | -69.3 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -106.7 | -188.5 | -253.1 | -325.5 | |
| + Total Adjustments (incl. Working Capital) | 236.7 | 2,753.0 | -1,517.9 | — | |
| Cash from Operations (pre-tax) | 130.0 | 2,564.6 | -1,771.0 | — | |
| + Income Taxes Paid | 10.1 | 32.1 | 43.4 | — | |
| Cash from Operating Activities | 119.9 | 2,532.4 | -1,814.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 101.8 | 288.1 | 230.9 | — | |
| + Disp of Fixed Assets | 0.3 | 0.3 | 0.2 | — | |
| + Sale of Investments (Equity / Debt) | -1,464.6 | -1,295.8 | 1,363.5 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 303.9 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 39.9 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 9.6 | 41.3 | 3.9 | — | |
| + Other Inflows / (Outflows) — Investing | 6.4 | -162.1 | 57.8 | — | |
| Cash from Investing Activities | -1,550.2 | -1,704.4 | 1,458.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | -2.0 | 5.4 | 231.4 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 30.6 | — | |
| + Proceeds from Debentures / Notes / Bonds | 245.0 | 85.9 | 0.0 | — | |
| + Proceeds from Borrowings | 1,355.6 | -308.9 | 493.4 | — | |
| + Payment of Lease Liabilities | 15.2 | 80.7 | 52.3 | — | |
| + Interest Paid | 80.0 | 291.7 | 267.4 | — | |
| + Other Inflows / (Outflows) — Financing | -2.1 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | 1,501.2 | -590.0 | 435.6 | — | |
| Net Changes in Cash (pre-FX) | 70.9 | 238.0 | 79.7 | — | |
| Net Changes in Cash | 70.9 | 238.0 | 79.7 | — | |
| Closing Cash | 669.5 | — | — | — | |
| Reference Items | |||||
| EBITDA | 952.6 | 1,318.4 | 1,096.8 | 947.6 | |
| EBITDA Margin % | 43.17 | 37.74 | 29.15 | 26.01 | |
| Free Cash Flow (CFO − Capex) | 18.0 | 2,244.3 | -2,045.3 | -2,045.3 | |
| Free Cash Flow per Basic Share | 0.37 | 46.10 | -42.01 | -42.01 | |
| Cash Flow to Net Income | -1.68 | -17.04 | 6.45 | — | |
| Cash Paid for Taxes | 10.1 | 32.1 | 43.4 | — | |
| Cash Paid for Interest | 80.0 | 291.7 | 267.4 | — | |