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 | 5,596.4 | 6,154.1 | 7,347.5 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 16.1 | 12.2 | — | |
| + Finance Costs | 2,556.0 | 3,365.5 | 3,395.8 | — | |
| + Interest Income | -368.7 | -331.6 | -219.3 | — | |
| + Dividend Income | -46.8 | -50.2 | -48.2 | — | |
| + Fair Value (Gains) / Losses | -72.1 | -27.7 | 112.4 | — | |
| + Unrealised FX (Gain) / Loss | 189.7 | 46.8 | 2,006.5 | — | |
| + Other Non-cash Items | -30.1 | -13.0 | -46.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -4,640.9 | -4,116.0 | -1,238.8 | — | |
| + Trade Receivables — Current | -2,571.7 | -2,476.9 | 4,392.3 | — | |
| + Other Current Assets | -1,629.1 | -703.1 | -3,603.9 | — | |
| + Trade Payables — Current | 6,069.8 | 2,860.1 | 5,446.5 | — | |
| + Provisions — Current | 390.5 | -1.3 | 369.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 18,692.3 | 9,119.5 | 22,145.5 | -1,711.9 | |
| + Total Adjustments (incl. Working Capital) | 5,443.1 | 4,722.9 | 17,926.9 | — | |
| Cash from Operations (pre-tax) | 24,135.4 | 13,842.3 | 40,072.4 | — | |
| + Income Taxes Paid | 283.5 | -385.4 | 3,961.7 | — | |
| Cash from Operating Activities | 23,851.9 | 14,227.7 | 36,110.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 10,071.2 | 9,579.3 | 8,331.5 | — | |
| + Disp of Fixed Assets | 125.5 | 148.1 | 118.8 | — | |
| + Acq of Investment Property | 0.0 | 9.5 | 63.7 | — | |
| + Disp of Investment Property | 0.0 | 1,955.8 | 38.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 5.7 | 2.2 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | 1.9 | — | |
| + Purchase of Investments (Equity / Debt) | 3,449.3 | 0.0 | 0.0 | — | |
| + Loans & Advances Made | 0.0 | 3,825.0 | 3,969.0 | — | |
| + Government Grants Received | 0.0 | 12.1 | 100.7 | — | |
| + Dividends Received — Investing | 508.1 | 383.2 | 491.4 | — | |
| + Interest Received — Investing | 367.8 | 363.7 | 211.7 | — | |
| + Other Inflows / (Outflows) — Investing | -500.0 | 0.0 | 0.0 | — | |
| Cash from Investing Activities | -13,019.2 | -10,556.6 | -11,403.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 7,833.0 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 8,358.2 | 0.0 | — | |
| + Proceeds from Borrowings | 6,880.8 | 3,116.2 | 6,921.0 | — | |
| + Repayment of Borrowings | 16,835.7 | 4,393.0 | 22,248.3 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.0 | 352.2 | — | |
| + Interest Paid | 4,069.6 | 0.0 | 3,792.4 | — | |
| + Dividends Paid | 2,130.5 | 2,336.3 | 3,298.4 | — | |
| Cash from Financing Activities | -16,155.0 | -4,138.2 | -22,770.3 | — | |
| Net Changes in Cash (pre-FX) | -5,322.4 | -467.1 | 1,936.5 | — | |
| Net Changes in Cash | -5,322.4 | -467.1 | 1,936.5 | — | |
| Closing Cash | -6,218.6 | -6,685.7 | -4,749.2 | — | |
| Reference Items | |||||
| EBITDA | 24,927.8 | 16,551.2 | 30,632.7 | 6,938.4 | |
| EBITDA Margin % | 5.40 | 3.55 | 6.40 | 1.38 | |
| Free Cash Flow (CFO − Capex) | 13,780.6 | 4,648.4 | 27,779.2 | 27,779.2 | |
| Free Cash Flow to Equity | — | 8,264.2 | 8,456.7 | — | |
| Free Cash Flow per Basic Share | 64.76 | 21.85 | 130.55 | 130.55 | |
| Price to Free Cash Flow | — | — | — | 2.70 | |
| Cash Flow to Net Income | 1.49 | 2.11 | 2.00 | — | |
| Cash Paid for Taxes | 283.5 | -385.4 | 3,961.7 | — | |
| Cash Paid for Interest | 4,069.6 | 0.0 | 3,792.4 | — | |