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 | 333.7 | 403.3 | 423.7 | — | |
| + Finance Costs | 403.8 | 412.9 | 352.7 | — | |
| + Interest Income | -20.6 | -16.2 | -24.4 | — | |
| + Fair Value (Gains) / Losses | -1.5 | -1.7 | -0.1 | — | |
| + Unrealised FX (Gain) / Loss | 4.2 | 0.8 | 10.7 | — | |
| + Other Reconciling Items | -84.6 | -19.3 | -18.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | 66.5 | 123.6 | -669.0 | — | |
| + Trade Receivables — Current | 214.2 | -148.3 | -728.3 | — | |
| + Other Financial Assets — Current | -131.4 | -197.1 | -46.6 | — | |
| + Other Current Assets | -290.8 | 87.5 | -299.2 | — | |
| + Other Non-current Assets | 407.4 | 17.6 | -33.3 | — | |
| + Trade Payables — Current | -499.0 | 433.7 | 384.2 | — | |
| + Other Financial Liabilities — Current | -66.0 | 20.1 | 38.8 | — | |
| + Other Current Liabilities | 39.2 | 2.5 | 54.0 | — | |
| + Provisions — Current | -2.0 | -6.2 | 11.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 672.0 | 1,189.3 | 1,010.3 | 1,316.5 | |
| + Total Adjustments (incl. Working Capital) | 373.2 | 1,113.1 | -543.1 | — | |
| Cash from Operations (pre-tax) | 1,045.1 | 2,302.4 | 467.2 | — | |
| + Income Taxes Paid | 313.4 | 422.8 | 261.0 | — | |
| Cash from Operating Activities | 731.8 | 1,879.7 | 206.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 884.8 | 1,135.6 | 1,570.4 | — | |
| + Disp of Fixed Assets | 58.7 | 19.1 | 1.3 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | 4.9 | — | |
| + Disp of Other Long-term Assets | 54.2 | 20.6 | 77.1 | — | |
| + Sale of Investments (Equity / Debt) | 372.4 | 86.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 64.0 | 62.7 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 23.6 | — | |
| + Loans & Advances Repaid | 0.0 | 0.1 | -1.6 | — | |
| + Interest Received — Investing | 24.3 | 12.5 | 26.1 | — | |
| Cash from Investing Activities | -375.2 | -1,061.5 | -1,558.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Debentures / Notes / Bonds | 0.0 | 0.0 | 800.0 | — | |
| + Proceeds from Borrowings | 3,363.2 | 2,805.2 | 2,115.8 | — | |
| + Repayment of Borrowings | 3,084.5 | 2,919.5 | 820.2 | — | |
| + Payment of Lease Liabilities | 35.1 | 56.6 | 65.4 | — | |
| + Interest Paid | 518.4 | 436.1 | 505.5 | — | |
| + Dividends Paid | 135.1 | 117.2 | 128.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 35.3 | 0.0 | — | |
| Cash from Financing Activities | -409.9 | -689.0 | 1,396.0 | — | |
| Net Changes in Cash (pre-FX) | -53.3 | 129.2 | 43.4 | — | |
| Net Changes in Cash | -53.3 | 129.2 | 43.4 | — | |
| Closing Cash | 225.9 | 354.0 | 397.5 | — | |
| Reference Items | |||||
| EBITDA | 1,286.7 | 1,924.7 | 1,683.8 | 2,016.2 | |
| EBITDA Margin % | 14.83 | 18.73 | 14.63 | 16.66 | |
| Free Cash Flow (CFO − Capex) | -153.0 | 744.0 | -1,364.2 | -1,364.2 | |
| Free Cash Flow to Equity | — | 195.4 | -316.6 | — | |
| Free Cash Flow per Basic Share | -12.12 | 58.94 | -108.06 | -108.06 | |
| Cash Flow to Net Income | 1.60 | 1.99 | 0.28 | — | |
| Cash Paid for Taxes | 313.4 | 422.8 | 261.0 | — | |
| Cash Paid for Interest | 518.4 | 436.1 | 505.5 | — | |