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 | 247.5 | 297.5 | 332.6 | — | |
| + Impairment Loss / (Reversal) | 1,308.7 | 2,452.2 | 0.0 | — | |
| + Finance Costs | 9,249.5 | 12,494.1 | 14,388.1 | — | |
| + Interest Income | -1,463.4 | -1,776.1 | -2,124.6 | — | |
| + Dividend Income | -18.2 | -24.6 | -35.1 | — | |
| + Fair Value (Gains) / Losses | 14.1 | -316.3 | -84.2 | — | |
| + Share-based Payments | 55.4 | 74.5 | 84.1 | — | |
| + Other Non-cash Items | 0.0 | -227.7 | 3,103.1 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | 6.0 | — | |
| + Other Reconciling Items | -519.8 | 0.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | 0.0 | 92.0 | -207.9 | — | |
| + Other Financial Assets — Non-current | 0.0 | -3,359.1 | 0.0 | — | |
| + Other Current Assets | 0.0 | 0.0 | -875.9 | — | |
| + Other Non-current Assets | 0.0 | -42,769.0 | -44,789.1 | — | |
| + Trade Payables — Current | 0.0 | 0.0 | 325.2 | — | |
| + Other Financial Liabilities — Current | 0.0 | 467.7 | 411.0 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 1,743.3 | 111.4 | — | |
| + Provisions — Non-current | 0.0 | 33.3 | 48.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 5,199.8 | 6,399.6 | 7,325.9 | 8,029.3 | |
| + Total Adjustments (incl. Working Capital) | 8,873.7 | -30,818.3 | -29,307.5 | — | |
| Cash from Operations (pre-tax) | 14,073.5 | -24,418.8 | -21,981.6 | — | |
| + Interest Received — Operating | 1,424.7 | 1,739.8 | 2,037.6 | — | |
| + Interest Paid — Operating | 8,796.1 | 12,033.4 | 14,294.5 | — | |
| + Dividends Received — Operating | 18.2 | 24.6 | 35.1 | — | |
| + Other Inflows / (Outflows) — Operating | -41,021.8 | 2,000.2 | 5,878.9 | — | |
| + Income Taxes Paid | 1,424.9 | 1,513.8 | 1,708.3 | — | |
| Cash from Operating Activities | -35,726.4 | -34,201.3 | -30,032.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,168.7 | 341.5 | 360.2 | — | |
| + Disp of Fixed Assets | 7.8 | 14.9 | 28.4 | — | |
| + Other Inflows / (Outflows) — Investing | -1,464.1 | -711.2 | -2,196.6 | — | |
| Cash from Investing Activities | -2,625.0 | -1,037.7 | -2,528.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 2,009.2 | 47.5 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 1,468.1 | — | |
| + Proceeds from Debentures / Notes / Bonds | 27,598.2 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 1,16,508.7 | 1,60,555.5 | 1,61,825.3 | — | |
| + Repayment of Borrowings | 1,07,673.5 | 1,20,702.1 | 1,27,360.6 | — | |
| + Payment of Lease Liabilities | 70.2 | 145.3 | 163.2 | — | |
| + Dividends Paid | 103.1 | 104.0 | 119.3 | — | |
| Cash from Financing Activities | 38,269.2 | 39,651.7 | 35,650.3 | — | |
| Net Changes in Cash (pre-FX) | -82.2 | 4,412.7 | 3,089.1 | — | |
| Net Changes in Cash | -82.2 | 4,412.7 | 3,089.1 | — | |
| Closing Cash | 973.2 | 5,385.9 | 8,475.0 | — | |
| Reference Items | |||||
| EBITDA | 14,413.6 | 18,854.8 | 21,543.5 | 22,781.2 | |
| EBITDA Margin % | 55.86 | 56.92 | 55.14 | 55.57 | |
| Free Cash Flow (CFO − Capex) | -36,895.1 | -34,542.8 | -30,393.0 | -30,393.0 | |
| Free Cash Flow per Basic Share | -1,964.60 | -1,839.34 | -1,618.37 | -1,618.37 | |
| Cash Flow to Net Income | -9.28 | -7.22 | -5.48 | — | |
| Cash Paid for Taxes | 1,424.9 | 1,513.8 | 1,708.3 | — | |