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 | 244.2 | 244.6 | 198.8 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 24.3 | — | |
| + Finance Costs | 564.6 | 448.0 | 508.0 | — | |
| + Fair Value (Gains) / Losses | -7.1 | -20.4 | 0.0 | — | |
| + Share-based Payments | 7.1 | 3.9 | 5.5 | — | |
| + Other Non-cash Items | 57.8 | 45.5 | -47.5 | — | |
| + Other — Cash Effects are Investing / Financing | -3,148.5 | -3,299.4 | 0.0 | — | |
| + Other Reconciling Items | -7.8 | -43.2 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 116.6 | 229.6 | -448.2 | — | |
| + Trade Receivables — Current | 57.2 | 25.8 | 0.0 | — | |
| + Trade Receivables — Non-current | 0.0 | 0.0 | -544.9 | — | |
| + Other Financial Assets — Current | -479.0 | -401.4 | -864.6 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -1,804.7 | — | |
| + Other Current Assets | 0.0 | 0.0 | -34.1 | — | |
| + Trade Payables — Current | -16.5 | 86.8 | 0.0 | — | |
| + Trade Payables — Non-current | 0.0 | 0.0 | 243.2 | — | |
| + Other Financial Liabilities — Current | -8.4 | -184.2 | 0.0 | — | |
| + Provisions — Current | 0.0 | 0.0 | 10.2 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | 141.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,729.0 | 1,336.6 | 1,257.7 | 1,416.3 | |
| + Total Adjustments (incl. Working Capital) | -2,626.1 | -3,074.2 | -2,779.0 | — | |
| Cash from Operations (pre-tax) | -897.1 | -1,737.6 | -1,521.3 | — | |
| + Interest Received — Operating | -62.1 | -49.6 | -29.8 | — | |
| + Other Inflows / (Outflows) — Operating | -306.3 | 10.9 | -883.5 | — | |
| + Income Taxes Paid | 326.9 | 255.2 | 376.9 | — | |
| Cash from Operating Activities | -1,592.4 | -2,031.6 | -2,811.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 118.1 | 155.8 | 231.8 | — | |
| + Acq of Intangible Assets | 0.0 | 0.0 | 1.6 | — | |
| + Disp of Fixed Assets | 23.4 | 102.9 | 115.6 | — | |
| + Acq of Other Long-term Assets | 10.1 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 11.2 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 18.1 | 18.8 | — | |
| + Disp of Subsidiaries / Businesses (net) | -152.8 | 507.5 | 220.0 | — | |
| + Dividends Received — Investing | 0.0 | 118.3 | 23.0 | — | |
| + Interest Received — Investing | 800.1 | 333.8 | 732.5 | — | |
| + Other Inflows / (Outflows) — Investing | 241.3 | -455.8 | 784.0 | — | |
| Cash from Investing Activities | 794.8 | 432.7 | 1,622.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 5.1 | 2.0 | — | |
| + Proceeds from Borrowings | 2,482.9 | 2,767.8 | 2,577.2 | — | |
| + Repayment of Borrowings | 800.1 | 477.7 | 511.8 | — | |
| + Payment of Lease Liabilities | 8.8 | 8.7 | 6.1 | — | |
| + Interest Paid | 553.8 | 441.1 | 505.9 | — | |
| + Dividends Paid | 0.0 | 120.9 | 32.5 | — | |
| Cash from Financing Activities | 1,120.3 | 1,724.5 | 1,522.9 | — | |
| Net Changes in Cash (pre-FX) | 322.7 | 125.6 | 334.3 | — | |
| Net Changes in Cash | 322.7 | 125.6 | 334.3 | — | |
| Closing Cash | 533.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 2,128.8 | 1,846.1 | 1,788.3 | 1,859.8 | |
| EBITDA Margin % | 23.71 | 24.96 | 21.29 | 20.23 | |
| Free Cash Flow (CFO − Capex) | -1,710.5 | -2,187.4 | -3,044.9 | -3,044.9 | |
| Free Cash Flow to Equity | — | -1,465.1 | -3,671.6 | — | |
| Free Cash Flow per Basic Share | -176.78 | -226.07 | -314.68 | -314.68 | |
| Cash Flow to Net Income | -1.20 | -2.00 | -3.11 | — | |
| Cash Paid for Taxes | 326.9 | 255.2 | 376.9 | — | |
| Cash Paid for Interest | 553.8 | 441.1 | 505.9 | — | |