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 | 0.0 | 48.2 | 47.8 | — | |
| + Finance Costs | 131.6 | 157.2 | 130.3 | — | |
| + Interest Income | -2.6 | 0.0 | 0.0 | — | |
| + Dividend Income | 0.0 | -0.6 | -4.5 | — | |
| + Other Non-cash Items | 41.5 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | -21.1 | -7.9 | — | |
| Changes in Working Capital | |||||
| + Inventories | 53.0 | -3.6 | -72.6 | — | |
| + Trade Receivables — Current | -2.6 | -0.4 | -76.9 | — | |
| + Other Financial Assets — Current | -102.7 | -42.9 | -213.4 | — | |
| + Other Current Assets | 35.5 | -1.8 | 17.0 | — | |
| + Other Bank Balances | -0.2 | 1.6 | 4.4 | — | |
| + Trade Payables — Current | -51.0 | 253.8 | 150.7 | — | |
| + Other Financial Liabilities — Current | 0.8 | 2.1 | 3.0 | — | |
| + Other Current Liabilities | 2.4 | 0.1 | 4.6 | — | |
| + Provisions — Current | 2.3 | -0.0 | 5.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -203.4 | 1.4 | 150.2 | 161.2 | |
| + Total Adjustments (incl. Working Capital) | 108.0 | 392.6 | -12.3 | — | |
| Cash from Operations (pre-tax) | -95.4 | 394.0 | 137.9 | — | |
| + Interest Received — Operating | 2.4 | 0.7 | 4.5 | — | |
| + Interest Paid — Operating | 124.3 | 159.1 | 129.8 | — | |
| + Income Taxes Paid | 1.5 | 1.2 | -0.4 | — | |
| Cash from Operating Activities | -218.8 | 234.3 | 12.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 260.1 | 38.7 | 23.8 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 0.9 | — | |
| + Disp of Investment Property | 0.0 | 0.1 | 0.0 | — | |
| Cash from Investing Activities | -260.1 | -38.7 | -22.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 546.5 | 479.6 | 225.0 | — | |
| + Repayment of Borrowings | 95.7 | 670.4 | 219.3 | — | |
| + Payment of Lease Liabilities | 4.2 | 0.0 | 0.0 | — | |
| + Dividends Paid | 0.1 | 4.4 | 3.1 | — | |
| Cash from Financing Activities | 446.5 | -195.1 | 2.6 | — | |
| Net Changes in Cash (pre-FX) | -32.4 | 0.6 | -7.4 | — | |
| Net Changes in Cash | -32.4 | 0.6 | -7.4 | — | |
| Closing Cash | 23.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | -39.5 | 177.8 | 312.0 | 322.7 | |
| EBITDA Margin % | -1.02 | 4.17 | 6.35 | 7.11 | |
| Free Cash Flow (CFO − Capex) | -478.9 | 195.6 | -10.9 | -10.9 | |
| Free Cash Flow to Equity | — | 4.8 | -5.2 | — | |
| Free Cash Flow per Basic Share | -18.34 | 7.49 | -0.42 | -0.42 | |
| Cash Flow to Net Income | 1.08 | 167.39 | 0.09 | — | |
| Cash Paid for Taxes | 1.5 | 1.2 | -0.4 | — | |