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 | 15,866.1 | 16,777.3 | 18,420.2 | — | |
| + Impairment Loss / (Reversal) | 270.6 | 114.8 | 1,130.0 | — | |
| + Finance Costs | 7,825.7 | 9,261.9 | 8,307.9 | — | |
| + Interest Income | -2,046.1 | -1,729.3 | -1,983.9 | — | |
| + Dividend Income | -1,198.2 | -1,538.8 | -1,528.6 | — | |
| + Fair Value (Gains) / Losses | -176.5 | -62.7 | 514.7 | — | |
| + Unrealised FX (Gain) / Loss | 1,141.6 | 566.5 | 4,826.5 | — | |
| + Undistributed Profits of Associates | -1,545.9 | -1,760.4 | -2,975.6 | — | |
| + Other Non-cash Items | -2,290.1 | -1,938.8 | -3,932.2 | — | |
| Changes in Working Capital | |||||
| + Inventories | -312.3 | 7,463.8 | -3,296.9 | — | |
| + Other Current Assets | -45.0 | -7,710.3 | 193.4 | — | |
| + Other Current Liabilities | 6,565.7 | -486.8 | 6,026.4 | — | |
| + Provisions — Current | 114.3 | 12.2 | 1,405.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 55,741.9 | 15,303.0 | 54,496.5 | 45,264.8 | |
| + Total Adjustments (incl. Working Capital) | 27,261.8 | 22,490.3 | 33,058.0 | — | |
| Cash from Operations (pre-tax) | 83,003.6 | 37,793.3 | 87,554.5 | — | |
| + Income Taxes Paid | 11,905.0 | 3,094.1 | 11,412.5 | — | |
| Cash from Operating Activities | 71,098.6 | 34,699.3 | 76,142.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 37,175.4 | 34,849.9 | 28,362.7 | — | |
| + Disp of Fixed Assets | 529.9 | 571.7 | 1,101.9 | — | |
| + Purchase of Investments (Equity / Debt) | 3,859.1 | 7,569.7 | 622.1 | — | |
| + Sale of Investments (Equity / Debt) | 5,118.5 | 6,217.3 | 3,516.1 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.0 | 2,367.7 | — | |
| + Loans & Advances Made | 0.0 | 0.0 | 31.0 | — | |
| + Loans & Advances Repaid | 0.0 | 0.0 | 112.1 | — | |
| + Government Grants Received | 1.7 | 17.0 | 135.8 | — | |
| + Dividends Received — Investing | 1,827.0 | 1,929.5 | 2,318.9 | — | |
| + Interest Received — Investing | 2,093.5 | 1,835.9 | 1,924.9 | — | |
| Cash from Investing Activities | -31,463.8 | -31,848.2 | -22,273.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 1,349.3 | 28,274.9 | 15,494.3 | — | |
| + Repayment of Borrowings | 19,179.6 | 10,460.5 | 42,745.6 | — | |
| + Payment of Lease Liabilities | 2,812.9 | 2,970.6 | 3,183.1 | — | |
| + Interest Paid | 7,768.9 | 8,723.2 | 8,534.7 | — | |
| + Dividends Paid | 10,972.6 | 9,545.1 | 13,702.4 | — | |
| Cash from Financing Activities | -39,384.6 | -3,424.5 | -52,671.6 | — | |
| Net Changes in Cash (pre-FX) | 250.2 | -573.4 | 1,196.7 | — | |
| Net Changes in Cash | 250.2 | -573.4 | 1,196.7 | — | |
| Closing Cash | 1,246.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | 75,590.8 | 35,990.5 | 77,061.7 | 67,856.2 | |
| EBITDA Margin % | 8.58 | 4.19 | 8.55 | 7.06 | |
| Free Cash Flow (CFO − Capex) | 33,923.3 | -150.7 | 47,779.4 | 47,779.4 | |
| Free Cash Flow to Equity | — | 10,769.1 | 18,796.4 | — | |
| Free Cash Flow per Basic Share | 24.02 | -0.11 | 33.84 | 33.84 | |
| Price to Free Cash Flow | — | — | — | 3.99 | |
| Cash Flow to Net Income | 1.65 | 2.52 | 1.74 | — | |
| Cash Paid for Taxes | 11,905.0 | 3,094.1 | 11,412.5 | — | |
| Cash Paid for Interest | 7,768.9 | 8,723.2 | 8,534.7 | — | |