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 | 141.2 | 144.4 | 167.5 | — | |
| + Finance Costs | 216.9 | 264.7 | 468.6 | — | |
| + Interest Income | -14.1 | 11.4 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | 1.5 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | -17.4 | -10.4 | -37.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | -61.4 | -154.7 | 76.2 | — | |
| + Trade Receivables — Current | 47.3 | 3.2 | -146.7 | — | |
| + Trade Receivables — Non-current | 0.0 | 0.0 | -16.0 | — | |
| + Other Financial Assets — Current | -594.8 | -465.4 | 169.1 | — | |
| + Other Financial Assets — Non-current | -285.8 | -694.0 | -450.2 | — | |
| + Other Current Assets | -602.6 | -498.9 | 75.6 | — | |
| + Other Non-current Assets | 20.2 | -293.8 | -62.3 | — | |
| + Trade Payables — Current | 170.4 | 472.8 | -32.0 | — | |
| + Trade Payables — Non-current | 0.0 | 0.0 | 425.6 | — | |
| + Other Financial Liabilities — Current | 66.1 | 3.6 | 29.4 | — | |
| + Other Current Liabilities | 29.1 | -100.6 | 69.4 | — | |
| + Provisions — Non-current | 30.3 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 739.6 | 679.2 | 455.0 | 323.0 | |
| + Total Adjustments (incl. Working Capital) | -853.4 | -1,317.5 | 736.5 | — | |
| Cash from Operations (pre-tax) | -113.8 | -638.2 | 1,191.5 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -15.2 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | -749.1 | — | |
| + Income Taxes Paid | 196.8 | -216.7 | 177.5 | — | |
| Cash from Operating Activities | -310.7 | -421.5 | 249.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 232.5 | -1,558.8 | 953.3 | — | |
| + Acq of Intangible Assets | 0.9 | -1.9 | 0.7 | — | |
| + Disp of Fixed Assets | 18.8 | 23.5 | 0.0 | — | |
| + Disp of Other Long-term Assets | 36.4 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 92.1 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.2 | 0.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 181.3 | 0.0 | 66.7 | — | |
| + Loans & Advances Made | 2.8 | -4.1 | 4.6 | — | |
| + Loans & Advances Repaid | 2.5 | 1.5 | 3.9 | — | |
| + Interest Received — Investing | 14.1 | 11.4 | 13.6 | — | |
| + Other Inflows / (Outflows) — Investing | 0.1 | -24.5 | -199.2 | — | |
| Cash from Investing Activities | 17.0 | 1,668.5 | -1,073.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Debentures / Notes / Bonds | -48.5 | 0.0 | 400.0 | — | |
| + Proceeds from Borrowings | 840.7 | 2,824.0 | 1,893.4 | — | |
| + Repayment of Borrowings | 243.6 | -199.2 | 985.4 | — | |
| + Payment of Lease Liabilities | 4.1 | -9.8 | 8.3 | — | |
| + Interest Paid | 217.2 | -246.6 | 454.5 | — | |
| + Dividends Paid | 8.1 | -9.8 | 13.0 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -48.5 | 0.0 | — | |
| Cash from Financing Activities | 319.3 | 3,240.9 | 832.2 | — | |
| Net Changes in Cash (pre-FX) | 25.6 | 4,487.9 | 8.2 | — | |
| Net Changes in Cash | 25.6 | 4,487.9 | 8.2 | — | |
| Closing Cash | 119.0 | 87.1 | 95.3 | — | |
| Reference Items | |||||
| EBITDA | 1,061.8 | 1,058.2 | 1,012.1 | 1,056.3 | |
| EBITDA Margin % | 19.74 | 20.93 | 19.33 | 21.76 | |
| Free Cash Flow (CFO − Capex) | -544.1 | 1,139.1 | -704.3 | -704.3 | |
| Free Cash Flow to Equity | — | 3,480.0 | -316.8 | — | |
| Free Cash Flow per Basic Share | -83.49 | 174.79 | -108.08 | -108.08 | |
| Cash Flow to Net Income | -0.58 | -0.83 | 0.76 | — | |
| Cash Paid for Taxes | 196.8 | -216.7 | 177.5 | — | |
| Cash Paid for Interest | 217.2 | -246.6 | 454.5 | — | |