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 | 1,470.0 | 1,703.7 | 2,058.8 | — | |
| + Impairment Loss / (Reversal) | 0.3 | 169.3 | 351.8 | — | |
| + Finance Costs | 171.1 | 282.9 | 373.8 | — | |
| + Interest Income | -227.8 | -267.7 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -314.9 | -355.4 | -235.9 | — | |
| + Share-based Payments | 40.7 | 42.4 | 32.6 | — | |
| + Unrealised FX (Gain) / Loss | -53.3 | 21.1 | -52.9 | — | |
| + Other Non-cash Items | 27.5 | 16.1 | 69.0 | — | |
| + Other — Cash Effects are Investing / Financing | -90.0 | -151.2 | -254.7 | — | |
| Changes in Working Capital | |||||
| + Inventories | -1,844.5 | -1,275.3 | -860.1 | — | |
| + Trade Receivables — Current | -805.4 | -1,028.3 | -672.2 | — | |
| + Other Current Assets | 285.7 | -729.3 | 0.0 | — | |
| + Other Non-current Assets | 0.0 | 0.0 | 178.7 | — | |
| + Trade Payables — Current | 0.0 | 34.0 | 279.0 | — | |
| + Trade Payables — Non-current | 346.0 | 0.0 | 0.0 | — | |
| + Provisions — Current | 356.3 | 522.0 | 751.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 7,186.3 | 7,657.8 | 5,379.3 | 4,027.0 | |
| + Total Adjustments (incl. Working Capital) | -638.3 | -1,015.7 | 2,019.6 | — | |
| Cash from Operations (pre-tax) | 6,548.0 | 6,642.1 | 7,398.9 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -372.6 | — | |
| + Income Taxes Paid | 2,004.7 | 1,999.3 | 1,352.6 | — | |
| Cash from Operating Activities | 4,543.3 | 4,642.8 | 5,673.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,640.3 | 2,750.4 | 2,330.6 | — | |
| + Acq of Intangible Assets | 1,103.2 | 689.4 | 1,509.9 | — | |
| + Disp of Fixed Assets | 106.4 | 51.2 | 30.9 | — | |
| + Disp of Intangible Assets | 0.0 | 0.0 | 140.1 | — | |
| + Disp of Intangibles under Development | 2.1 | 73.2 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 14,548.8 | 25,445.8 | 4,671.8 | — | |
| + Sale of Investments (Equity / Debt) | 12,978.4 | 28,663.2 | 1,960.2 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 5,309.6 | 315.2 | — | |
| + Investment in Partnership Firms / LLPs | 1.2 | 31.7 | 5.1 | — | |
| + Dividends Received — Investing | 44.5 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 133.8 | 337.2 | 152.1 | — | |
| Cash from Investing Activities | -4,028.3 | -5,102.1 | -6,549.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 80.5 | 19.3 | 39.7 | — | |
| + Buyback / Redemption of Own Shares | 0.0 | 138.9 | 0.0 | — | |
| + Proceeds from Borrowings | 929.3 | 2,449.0 | 2,025.7 | — | |
| + Repayment of Borrowings | 380.0 | 0.0 | 0.1 | — | |
| + Payment of Lease Liabilities | 114.7 | 129.4 | 126.3 | — | |
| + Interest Paid | 226.6 | 348.3 | 444.1 | — | |
| + Dividends Paid | 664.8 | 666.2 | 665.9 | — | |
| Cash from Financing Activities | -376.3 | 1,185.5 | 829.0 | — | |
| Net Changes in Cash (pre-FX) | 138.7 | 726.2 | -46.6 | — | |
| + Effect of FX Rate Changes on Cash | -5.9 | 22.4 | 124.1 | — | |
| Net Changes in Cash | 132.8 | 748.6 | 77.5 | — | |
| Closing Cash | 710.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 7,933.1 | 8,547.1 | 6,453.5 | 5,139.8 | |
| EBITDA Margin % | 28.32 | 26.18 | 19.15 | 15.47 | |
| Free Cash Flow (CFO − Capex) | 1,799.8 | 1,203.0 | 1,833.2 | 1,833.2 | |
| Free Cash Flow to Equity | — | 3,386.9 | 3,498.1 | — | |
| Free Cash Flow per Basic Share | 21.55 | 14.41 | 21.95 | 21.95 | |
| Price to Free Cash Flow | — | — | — | 51.97 | |
| Cash Flow to Net Income | 0.81 | 0.81 | 1.36 | — | |
| Cash Paid for Taxes | 2,004.7 | 1,999.3 | 1,352.6 | — | |
| Cash Paid for Interest | 226.6 | 348.3 | 444.1 | — | |