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 | 630.8 | 486.0 | 573.5 | — | |
| + Finance Costs | 517.4 | 207.1 | 208.7 | — | |
| + Interest Income | -17.3 | -43.9 | -41.3 | — | |
| + Dividend Income | -0.0 | 0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -745.0 | 0.0 | -0.0 | — | |
| + Share-based Payments | 5.0 | -9.2 | 26.8 | — | |
| + Unrealised FX (Gain) / Loss | -342.6 | -69.1 | -380.4 | — | |
| + Other Non-cash Items | 900.1 | 373.1 | 2,266.1 | — | |
| + Other — Cash Effects are Investing / Financing | -7.1 | -2.4 | -0.0 | — | |
| + Other Reconciling Items | 555.6 | 37.4 | 17.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -513.9 | -450.8 | -752.3 | — | |
| + Trade Receivables — Current | 969.5 | -1,420.3 | -1,750.5 | — | |
| + Other Current Assets | -518.2 | 156.2 | -648.9 | — | |
| + Trade Payables — Current | -751.8 | -813.8 | 2,704.6 | — | |
| + Provisions — Current | 62.8 | 3.1 | 20.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 36.5 | 1,399.2 | 1,984.7 | 2,532.6 | |
| + Total Adjustments (incl. Working Capital) | 745.6 | -1,546.7 | 2,243.3 | — | |
| Cash from Operations (pre-tax) | 782.0 | -147.5 | 4,228.0 | — | |
| + Income Taxes Paid | 1,047.5 | 680.1 | 783.0 | — | |
| Cash from Operating Activities | -265.4 | -827.6 | 3,445.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 898.4 | 749.6 | 1,357.7 | — | |
| + Disp of Investment Property | 2.1 | 2.4 | 2.3 | — | |
| + Acq of Other Long-term Assets | 16.5 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 7.1 | 735.7 | -0.2 | — | |
| + Disp of Subsidiaries / Businesses (net) | 5,449.6 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 17.2 | 42.1 | 41.5 | — | |
| + Other Inflows / (Outflows) — Investing | -191.9 | -28.6 | 30.8 | — | |
| Cash from Investing Activities | 4,369.1 | 2.1 | -1,283.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 1.2 | 0.0 | 0.8 | — | |
| + Buyback / Redemption of Own Shares | 0.0 | 30.1 | 0.0 | — | |
| + Proceeds from Borrowings | 481.1 | 1,341.2 | -1,715.7 | — | |
| + Repayment of Borrowings | 3,649.5 | 140.7 | 530.0 | — | |
| + Payment of Lease Liabilities | 104.4 | 122.2 | 135.4 | — | |
| + Interest Paid | 516.8 | 190.8 | 187.4 | — | |
| + Dividends Paid | 117.8 | 70.4 | 141.0 | — | |
| Cash from Financing Activities | -3,906.1 | 787.0 | -2,708.8 | — | |
| Net Changes in Cash (pre-FX) | 197.6 | -38.5 | -547.0 | — | |
| + Effect of FX Rate Changes on Cash | 17.7 | 55.9 | 46.0 | — | |
| Net Changes in Cash | 215.2 | 17.4 | -501.0 | — | |
| Closing Cash | 1,658.3 | 1,675.7 | — | — | |
| Reference Items | |||||
| EBITDA | 1,195.3 | 2,351.4 | 4,572.4 | 4,796.7 | |
| EBITDA Margin % | 10.12 | 17.65 | 26.92 | 27.04 | |
| Free Cash Flow (CFO − Capex) | -1,163.8 | -1,577.2 | 2,087.3 | 2,087.3 | |
| Free Cash Flow to Equity | — | -564.3 | -294.3 | — | |
| Free Cash Flow per Basic Share | -41.24 | -55.89 | 73.97 | 73.97 | |
| Price to Free Cash Flow | — | — | — | 32.49 | |
| Cash Flow to Net Income | 0.19 | -0.79 | 2.53 | — | |
| Cash Paid for Taxes | 1,047.5 | 680.1 | 783.0 | — | |
| Cash Paid for Interest | 516.8 | 190.8 | 187.4 | — | |