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 | 4,173.0 | 4,084.0 | 4,355.0 | — | |
| + Finance Costs | 269.0 | 336.0 | 434.0 | — | |
| + Interest Income | -1,273.0 | -1,567.0 | -1,542.0 | — | |
| + Fair Value (Gains) / Losses | 312.0 | 0.0 | 0.0 | — | |
| + Share-based Payments | 0.0 | 218.0 | 478.0 | — | |
| + Other Non-cash Items | 76.0 | -59.0 | -64.0 | — | |
| + Other — Cash Effects are Investing / Financing | -169.0 | -779.0 | -190.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 60.0 | 77.0 | -59.0 | — | |
| + Trade Receivables — Current | 248.0 | -119.0 | -2,248.0 | — | |
| + Other Current Assets | 164.0 | -225.0 | 86.0 | — | |
| + Trade Payables — Current | -681.0 | 249.0 | 736.0 | — | |
| + Other Current Liabilities | 2,514.0 | 1,028.0 | -37.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 20,967.0 | 23,261.0 | 22,102.0 | 23,021.0 | |
| + Total Adjustments (incl. Working Capital) | 5,693.0 | 3,243.0 | 1,949.0 | — | |
| Cash from Operations (pre-tax) | 26,660.0 | 26,504.0 | 24,051.0 | — | |
| + Income Taxes Paid | 4,212.0 | 4,243.0 | 4,076.0 | — | |
| Cash from Operating Activities | 22,448.0 | 22,261.0 | 19,975.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,048.0 | 1,108.0 | 1,422.0 | — | |
| + Disp of Fixed Assets | 32.0 | 25.0 | 23.0 | — | |
| + Purchase of Investments (Equity / Debt) | 41,682.0 | 43,865.0 | 48,693.0 | — | |
| + Sale of Investments (Equity / Debt) | 40,342.0 | 43,711.0 | 49,369.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 2,043.0 | 1,982.0 | 159.0 | — | |
| + Share of Profits — Partnership Firms / LLPs | 0.0 | 4.0 | 3.0 | — | |
| + Interest Received — Investing | 1,041.0 | 1,322.0 | 1,430.0 | — | |
| + Income Taxes (Paid) / Refund — Investing | 282.0 | 406.0 | 333.0 | — | |
| + Other Inflows / (Outflows) — Investing | -3,083.0 | -2,615.0 | -1,691.0 | — | |
| Cash from Investing Activities | -6,723.0 | -4,914.0 | -1,473.0 | — | |
| Cash from Financing Activities | |||||
| + Buyback / Redemption of Own Shares | 0.0 | 676.0 | 711.0 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 7.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 358.0 | 377.0 | 318.0 | — | |
| + Repayment of Borrowings | 539.0 | 458.0 | 2,626.0 | — | |
| + Payment of Lease Liabilities | 0.0 | 1,453.0 | 1,685.0 | — | |
| + Payment of Finance Lease Liabilities | 1,148.0 | — | — | — | |
| + Interest Paid | 64.0 | 51.0 | 46.0 | — | |
| + Dividends Paid | 14,073.0 | 16,250.0 | 14,618.0 | — | |
| + Other Inflows / (Outflows) — Financing | -5.0 | -50.0 | -1.0 | — | |
| Cash from Financing Activities | -15,464.0 | -18,561.0 | -19,369.0 | — | |
| Net Changes in Cash (pre-FX) | 261.0 | -1,214.0 | -867.0 | — | |
| + Effect of FX Rate Changes on Cash | 115.0 | 18.0 | 817.0 | — | |
| Net Changes in Cash | 376.0 | -1,196.0 | -50.0 | — | |
| Closing Cash | 9,441.0 | 3.1 | 3.1 | — | |
| Reference Items | |||||
| EBITDA | 24,198.0 | 25,504.0 | 26,752.0 | 27,539.0 | |
| EBITDA Margin % | 22.02 | 21.79 | 20.56 | 20.49 | |
| Free Cash Flow (CFO − Capex) | 21,400.0 | 21,153.0 | 18,553.0 | 18,553.0 | |
| Free Cash Flow to Equity | — | 21,066.0 | 16,375.0 | — | |
| Free Cash Flow per Basic Share | 78.82 | 77.91 | 68.34 | 68.34 | |
| Price to Free Cash Flow | — | — | — | 17.55 | |
| Cash Flow to Net Income | 1.43 | 1.28 | 1.20 | — | |
| Cash Paid for Taxes | 4,212.0 | 4,243.0 | 4,076.0 | — | |
| Cash Paid for Interest | 64.0 | 51.0 | 46.0 | — | |