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 | 370.8 | 430.2 | 501.4 | — | |
| + Finance Costs | 1,349.5 | 1,952.2 | 2,462.7 | — | |
| + Interest Income | -619.1 | -768.6 | -892.0 | — | |
| + Dividend Income | -0.2 | -0.6 | -0.8 | — | |
| + Fair Value (Gains) / Losses | -58.9 | -65.2 | 45.1 | — | |
| + Share-based Payments | 11.0 | 12.1 | 16.7 | — | |
| + Unrealised FX (Gain) / Loss | 33.2 | 7.2 | 7.1 | — | |
| + Other Non-cash Items | 0.6 | 66.9 | 85.9 | — | |
| + Other — Cash Effects are Investing / Financing | -633.8 | -1,138.6 | -2,556.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -4,890.9 | -7,728.7 | -15,207.5 | — | |
| + Trade Receivables — Current | -4,665.1 | -5,586.9 | -10,942.6 | — | |
| + Other Financial Assets — Current | -0.4 | -0.4 | -0.3 | — | |
| + Other Current Assets | -698.0 | -3,105.8 | -824.5 | — | |
| + Other Non-current Assets | -2.6 | -4.8 | 0.1 | — | |
| + Trade Payables — Current | 50.3 | -162.7 | 2,595.2 | — | |
| + Other Current Liabilities | 4,901.1 | 9,453.1 | 13,531.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,017.7 | 1,978.5 | 2,948.2 | 2,590.5 | |
| + Total Adjustments (incl. Working Capital) | -4,852.5 | -6,640.6 | -11,177.8 | — | |
| Cash from Operations (pre-tax) | -3,834.8 | -4,662.1 | -8,229.6 | — | |
| + Income Taxes Paid | 449.3 | 488.7 | 625.3 | — | |
| Cash from Operating Activities | -4,284.1 | -5,150.8 | -8,854.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,197.5 | 780.8 | 1,028.1 | — | |
| + Disp of Fixed Assets | 10.8 | 19.9 | 465.9 | — | |
| + Acq of Other Long-term Assets | 1,225.0 | 4,070.9 | -37.6 | — | |
| + Disp of Other Long-term Assets | -65.9 | -37.0 | -58.9 | — | |
| + Disp of Interests in Joint Ventures | 0.0 | 46.7 | 62.8 | — | |
| + Dividends Received — Investing | 48.3 | 67.4 | 71.2 | — | |
| + Interest Received — Investing | 290.0 | 257.6 | 444.8 | — | |
| + Other Inflows / (Outflows) — Investing | -612.7 | -99.6 | 207.0 | — | |
| Cash from Investing Activities | -2,752.0 | -4,596.7 | 202.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 0.0 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 47.4 | 4,467.6 | -671.3 | — | |
| + Proceeds from Borrowings | 11,277.9 | 12,582.1 | 16,202.3 | — | |
| + Repayment of Borrowings | 1,898.9 | 3,469.2 | 3,813.7 | — | |
| + Payment of Lease Liabilities | 0.0 | 70.9 | 98.7 | — | |
| + Payment of Finance Lease Liabilities | 66.8 | — | — | — | |
| + Interest Paid | 2,075.9 | 2,753.3 | 3,488.3 | — | |
| + Dividends Paid | 65.1 | 67.6 | 74.4 | — | |
| + Other Inflows / (Outflows) — Financing | -0.0 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | 7,218.6 | 10,688.8 | 8,055.9 | — | |
| Net Changes in Cash (pre-FX) | 182.5 | 941.3 | -596.7 | — | |
| + Effect of FX Rate Changes on Cash | 0.1 | 0.0 | 0.0 | — | |
| Net Changes in Cash | 182.6 | 941.3 | -596.7 | — | |
| Closing Cash | 1,865.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,244.5 | 2,098.9 | 2,241.5 | 2,419.5 | |
| EBITDA Margin % | 7.50 | 10.68 | 10.08 | 10.42 | |
| Free Cash Flow (CFO − Capex) | -5,481.6 | -5,931.6 | -9,883.0 | -9,883.0 | |
| Free Cash Flow to Equity | — | 359.0 | -184.7 | — | |
| Free Cash Flow per Basic Share | -162.76 | -176.12 | -293.44 | -293.44 | |
| Cash Flow to Net Income | -7.20 | -2.77 | -3.67 | — | |
| Cash Paid for Taxes | 449.3 | 488.7 | 625.3 | — | |
| Cash Paid for Interest | 2,075.9 | 2,753.3 | 3,488.3 | — | |