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 | 420.8 | 512.4 | 763.1 | — | |
| + Impairment Loss / (Reversal) | 0.0 | -346.8 | 463.7 | — | |
| + Finance Costs | 295.4 | 372.4 | 454.1 | — | |
| + Interest Income | -204.5 | 0.0 | -224.2 | — | |
| + Dividend Income | -1.1 | 0.0 | -3.0 | — | |
| + Fair Value (Gains) / Losses | -0.8 | 60.5 | 97.6 | — | |
| + Share-based Payments | 10.7 | 11.2 | 6.6 | — | |
| + Unrealised FX (Gain) / Loss | -12.6 | -28.4 | -58.3 | — | |
| + Undistributed Profits of Associates | 0.0 | -2.5 | 0.1 | — | |
| + Other Non-cash Items | -27.8 | 5.9 | 53.3 | — | |
| + Other — Cash Effects are Investing / Financing | -30.2 | -124.5 | -198.1 | — | |
| + Other Reconciling Items | -19.5 | -33.1 | -1.3 | — | |
| Changes in Working Capital | |||||
| + Inventories | -740.8 | 282.3 | -1,609.7 | — | |
| + Trade Receivables — Current | -1,017.0 | 79.9 | -80.0 | — | |
| + Other Financial Assets — Current | 1,129.5 | -48.9 | -473.0 | — | |
| + Other Current Assets | -455.7 | -294.3 | -90.7 | — | |
| + Trade Payables — Current | 1,147.6 | 27.1 | -776.5 | — | |
| + Other Financial Liabilities — Current | -72.9 | -149.5 | 1,848.5 | — | |
| + Other Current Liabilities | -4.5 | 126.2 | 0.2 | — | |
| + Provisions — Current | 0.0 | 19.2 | 43.8 | — | |
| + Provisions — Non-current | 1.2 | 0.0 | -19.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 2,203.2 | 2,508.3 | 2,103.5 | 1,910.8 | |
| + Total Adjustments (incl. Working Capital) | 417.9 | 420.3 | 196.7 | — | |
| Cash from Operations (pre-tax) | 2,621.0 | 2,928.6 | 2,300.2 | — | |
| + Interest Received — Operating | 0.0 | -251.1 | 0.0 | — | |
| + Dividends Received — Operating | 0.0 | -1.2 | 0.0 | — | |
| + Income Taxes Paid | 648.6 | 739.9 | 758.7 | — | |
| Cash from Operating Activities | 1,972.4 | 1,936.4 | 1,541.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 974.8 | 1,046.4 | 1,617.4 | — | |
| + Disp of Fixed Assets | 51.2 | 0.0 | 81.0 | — | |
| + Disp of Investment Property | 0.0 | 433.2 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 164.1 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 6,474.6 | 0.0 | 814.4 | — | |
| + Sale of Investments (Equity / Debt) | 5,863.3 | 0.0 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 219.7 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 810.2 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 307.8 | — | |
| + Dividends Received — Investing | 1.1 | 1.2 | 3.8 | — | |
| + Interest Received — Investing | 98.1 | 268.2 | 185.7 | — | |
| + Other Inflows / (Outflows) — Investing | -84.7 | -2,274.4 | 2,489.8 | — | |
| Cash from Investing Activities | -1,740.1 | -2,782.3 | -173.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 16.6 | 28.8 | 34.8 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 52.4 | — | |
| + Buyback / Redemption of Own Shares | 24.9 | 15.5 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 69.5 | — | |
| + Proceeds from Borrowings | 191.9 | 712.9 | 441.1 | — | |
| + Repayment of Borrowings | 55.5 | 90.4 | 256.5 | — | |
| + Payment of Lease Liabilities | 0.0 | 88.9 | 102.7 | — | |
| + Payment of Finance Lease Liabilities | 76.6 | — | — | — | |
| + Interest Paid | 253.7 | 318.9 | 392.3 | — | |
| + Dividends Paid | 228.3 | 154.3 | 231.0 | — | |
| + Other Inflows / (Outflows) — Financing | -66.8 | 0.0 | -27.1 | — | |
| Cash from Financing Activities | -497.4 | 73.8 | -550.9 | — | |
| Net Changes in Cash (pre-FX) | -265.1 | -772.1 | 816.7 | — | |
| + Effect of FX Rate Changes on Cash | -0.1 | -0.4 | 1.0 | — | |
| Net Changes in Cash | -265.2 | -772.4 | 817.7 | — | |
| Closing Cash | 1,174.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | 2,615.6 | 2,687.2 | 3,449.7 | 3,395.0 | |
| EBITDA Margin % | 8.89 | 8.50 | 8.95 | 8.74 | |
| Free Cash Flow (CFO − Capex) | 997.6 | 890.0 | -75.8 | -75.8 | |
| Free Cash Flow to Equity | — | 1,427.7 | 265.0 | — | |
| Free Cash Flow per Basic Share | 56.07 | 50.03 | -4.26 | -4.26 | |
| Cash Flow to Net Income | 1.22 | 1.09 | 1.12 | — | |
| Cash Paid for Taxes | 648.6 | 739.9 | 758.7 | — | |
| Cash Paid for Interest | 253.7 | 318.9 | 392.3 | — | |