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 | 9.9 | 10.6 | 12.5 | — | |
| + Impairment Loss / (Reversal) | -208.1 | -410.5 | -191.6 | — | |
| + Interest Income | -24.0 | -49.9 | 0.0 | — | |
| + Dividend Income | -5.9 | -7.4 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -0.1 | -0.1 | -18.6 | — | |
| + Unrealised FX (Gain) / Loss | -72.4 | -111.5 | 0.0 | — | |
| + Other Non-cash Items | 0.0 | 0.0 | 922.9 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -31.7 | -55.3 | -1.6 | — | |
| + Other Financial Assets — Current | -7.6 | -0.5 | -259.7 | — | |
| + Other Financial Assets — Non-current | -11,970.9 | -32,606.0 | -36,075.6 | — | |
| + Other Current Assets | -305.9 | -1,337.4 | -1,833.8 | — | |
| + Other Non-current Assets | 0.0 | 0.0 | -25.4 | — | |
| + Other Bank Balances | 0.0 | 0.0 | -165.0 | — | |
| + Trade Payables — Current | -46.2 | 176.2 | -10.2 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.0 | 1,038.7 | — | |
| + Other Current Liabilities | 4.7 | 3.9 | 78.3 | — | |
| + Provisions — Current | 1.5 | 2.0 | -60.1 | — | |
| + Provisions — Non-current | 38.7 | -214.6 | 73.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 2,843.4 | 3,636.7 | 3,221.4 | 3,430.4 | |
| + Total Adjustments (incl. Working Capital) | -12,618.1 | -34,600.3 | -36,515.7 | — | |
| Cash from Operations (pre-tax) | -9,774.7 | -30,963.7 | -33,294.3 | — | |
| + Income Taxes Paid | 512.0 | 639.0 | 618.0 | — | |
| Cash from Operating Activities | -10,286.7 | -31,602.7 | -33,912.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 3.5 | 21.4 | 27.1 | — | |
| + Disp of Fixed Assets | 8.1 | 0.8 | 27.4 | — | |
| + Disp of Intangible Assets | 0.0 | 0.0 | 3.9 | — | |
| + Acq of Intangibles under Development | 0.7 | 0.3 | 0.0 | — | |
| + Disp of Intangibles under Development | 0.0 | 0.0 | 1.7 | — | |
| + Acq of Other Long-term Assets | 0.0 | 925.0 | 946.2 | — | |
| + Disp of Other Long-term Assets | 425.3 | 0.0 | 61.2 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 5.1 | — | |
| + Dividends Received — Investing | 5.9 | 7.4 | 0.0 | — | |
| Cash from Investing Activities | 435.1 | -938.5 | -884.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Debentures / Notes / Bonds | 1,500.0 | 14,768.5 | 10,396.1 | — | |
| + Proceeds from Borrowings | 20,486.2 | 36,496.2 | 58,957.2 | — | |
| + Repayment of Borrowings | 10,891.6 | 17,898.2 | 33,496.5 | — | |
| + Interest Paid | 0.0 | 0.0 | 1.7 | — | |
| + Dividends Paid | 920.9 | 1,151.1 | 1,062.0 | — | |
| Cash from Financing Activities | 10,173.7 | 32,215.4 | 34,793.1 | — | |
| Net Changes in Cash (pre-FX) | 322.1 | -325.8 | -3.5 | — | |
| Net Changes in Cash | 322.1 | -325.8 | -3.5 | — | |
| Closing Cash | 369.9 | — | 2.1 | — | |
| Reference Items | |||||
| EBITDA | 7,650.3 | 10,357.7 | 11,987.9 | 12,768.2 | |
| EBITDA Margin % | 98.28 | 100.45 | 91.16 | 91.66 | |
| Free Cash Flow (CFO − Capex) | -10,290.3 | -31,624.1 | -33,939.4 | -33,939.4 | |
| Free Cash Flow per Basic Share | -51.40 | -157.97 | -169.54 | -169.54 | |
| Cash Flow to Net Income | -4.86 | -11.67 | -8.41 | — | |
| Cash Paid for Taxes | 512.0 | 639.0 | 618.0 | — | |
| Cash Paid for Interest | 0.0 | 0.0 | 1.7 | — | |