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 | 9.0 | 11.7 | 9.6 | — | |
| + Impairment Loss / (Reversal) | 364.9 | 1,869.5 | 425.2 | — | |
| + Finance Costs | 1.0 | -0.6 | -12.2 | — | |
| + Fair Value (Gains) / Losses | 0.1 | -0.1 | -0.1 | — | |
| + Share-based Payments | 13.1 | 0.0 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.8 | 3.8 | 21.0 | — | |
| + Other Non-cash Items | -132.2 | -76.3 | -71.7 | — | |
| + Other — Cash Effects are Investing / Financing | -52.8 | -78.4 | -30.0 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | 0.6 | 10.2 | -3.7 | — | |
| + Other Financial Assets — Current | 123.2 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Non-current | -20.4 | 124.9 | 15.0 | — | |
| + Other Current Assets | -2,267.4 | 830.3 | 838.5 | — | |
| + Other Non-current Assets | 0.0 | -20.8 | 31.7 | — | |
| + Other Bank Balances | 36.2 | 0.0 | -60.6 | — | |
| + Trade Payables — Current | -3.9 | 8.9 | 13.4 | — | |
| + Other Financial Liabilities — Current | 18.4 | -51.2 | 12.2 | — | |
| + Other Financial Liabilities — Non-current | 32.5 | -27.2 | 0.0 | — | |
| + Other Non-current Liabilities | 0.0 | 0.0 | -8.3 | — | |
| + Provisions — Current | -5.9 | 6.7 | 1.7 | — | |
| + Provisions — Non-current | 7.2 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 663.3 | -1,133.0 | -62.9 | 91.7 | |
| + Total Adjustments (incl. Working Capital) | -1,875.7 | 2,611.3 | 1,181.7 | — | |
| Cash from Operations (pre-tax) | -1,212.4 | 1,478.3 | 1,118.8 | — | |
| + Income Taxes Paid | 137.9 | 30.4 | -27.5 | — | |
| Cash from Operating Activities | -1,350.3 | 1,447.9 | 1,146.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 16.5 | 6.6 | 1.7 | — | |
| + Acq of Intangible Assets | 0.7 | 0.0 | 0.0 | — | |
| + Disp of Fixed Assets | 0.0 | 3.7 | 0.4 | — | |
| + Acq of Intangibles under Development | 2.2 | 3.9 | 16.6 | — | |
| + Acq of Investment Property | 12,752.0 | 12,289.7 | 9,300.1 | — | |
| + Disp of Investment Property | 12,802.8 | 12,371.0 | 9,330.2 | — | |
| Cash from Investing Activities | 31.5 | 74.4 | 12.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 6.6 | 0.0 | 797.3 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 1.0 | 0.0 | — | |
| + Proceeds from Debentures / Notes / Bonds | 0.0 | 0.0 | 310.0 | — | |
| + Proceeds from Borrowings | 7,173.2 | 4,030.1 | 4,503.4 | — | |
| + Repayment of Borrowings | 5,334.6 | 6,247.1 | 5,661.4 | — | |
| + Payment of Lease Liabilities | 2.0 | 2.6 | 3.4 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 4.7 | -12.6 | — | |
| Cash from Financing Activities | 1,843.2 | -2,213.9 | -66.6 | — | |
| Net Changes in Cash (pre-FX) | 524.3 | -691.6 | 1,091.8 | — | |
| Net Changes in Cash | 524.3 | -691.6 | 1,091.8 | — | |
| Closing Cash | 1,474.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,367.4 | -326.6 | 451.4 | 609.5 | |
| EBITDA Margin % | 59.02 | -14.08 | 26.58 | 35.55 | |
| Free Cash Flow (CFO − Capex) | -1,367.5 | 1,441.2 | 1,144.6 | 1,144.6 | |
| Free Cash Flow per Basic Share | -84.66 | 89.23 | 70.86 | 70.86 | |
| Price to Free Cash Flow | — | — | — | 2.70 | |
| Cash Flow to Net Income | -2.67 | -1.18 | 82.76 | — | |
| Cash Paid for Taxes | 137.9 | 30.4 | -27.5 | — | |