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 | 100.4 | 117.9 | 162.7 | — | |
| + Finance Costs | 145.1 | 216.6 | 341.6 | — | |
| + Interest Income | -422.5 | -405.9 | -359.1 | — | |
| + Fair Value (Gains) / Losses | -2.7 | -1.0 | -1.6 | — | |
| + Unrealised FX (Gain) / Loss | 14.4 | -21.7 | -115.7 | — | |
| + Other Non-cash Items | 13.0 | 0.0 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | -28.0 | -49.3 | -50.9 | — | |
| Changes in Working Capital | |||||
| + Inventories | -48.5 | -43.1 | 78.5 | — | |
| + Trade Receivables — Current | 60.5 | -524.9 | -70.1 | — | |
| + Other Current Assets | -926.1 | -851.7 | -1,162.7 | — | |
| + Trade Payables — Current | 32.0 | 363.2 | -56.0 | — | |
| + Other Current Liabilities | -144.6 | -482.2 | 234.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,214.9 | 879.3 | 683.8 | 630.4 | |
| + Total Adjustments (incl. Working Capital) | -1,206.8 | -1,682.1 | -998.6 | — | |
| Cash from Operations (pre-tax) | 8.1 | -802.8 | -314.8 | — | |
| + Income Taxes Paid | 86.6 | 306.7 | 302.8 | — | |
| Cash from Operating Activities | -78.6 | -1,109.5 | -617.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 844.6 | 1,048.4 | 532.2 | — | |
| + Acq of Intangible Assets | 3.7 | 3.7 | 1.0 | — | |
| + Disp of Fixed Assets | 0.0 | 1.0 | 2.5 | — | |
| + Disp of Intangible Assets | 40.1 | 0.0 | 0.0 | — | |
| + Acq of Investment Property | 2.6 | 11.3 | 0.7 | — | |
| + Purchase of Investments (Equity / Debt) | 8,508.8 | 10,304.5 | 11,774.6 | — | |
| + Sale of Investments (Equity / Debt) | 8,075.7 | 10,632.7 | 11,870.4 | — | |
| + Acq of Interests in Joint Ventures | 63.6 | 64.0 | 188.5 | — | |
| + Government Grants Received | 112.4 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 69.5 | 102.5 | 34.5 | — | |
| + Interest Received — Investing | 418.2 | 421.7 | 364.7 | — | |
| + Other Inflows / (Outflows) — Investing | 2.1 | 305.8 | -141.1 | — | |
| Cash from Investing Activities | -705.5 | 31.9 | -366.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Other Equity Instruments | 22.1 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 1,132.1 | 2,156.0 | 2,114.4 | — | |
| + Repayment of Borrowings | 69.1 | 458.9 | 784.1 | — | |
| + Payment of Lease Liabilities | 0.9 | 1.8 | 9.9 | — | |
| + Interest Paid | 161.5 | 261.8 | 312.3 | — | |
| + Dividends Paid | 282.2 | 277.5 | 206.9 | — | |
| + Other Inflows / (Outflows) — Financing | -0.5 | -0.0 | -0.0 | — | |
| Cash from Financing Activities | 640.1 | 1,156.0 | 801.2 | — | |
| Net Changes in Cash (pre-FX) | -143.9 | 78.4 | -182.3 | — | |
| + Effect of FX Rate Changes on Cash | -14.4 | 21.7 | 92.8 | — | |
| Net Changes in Cash | -158.3 | 100.1 | -89.5 | — | |
| Closing Cash | 2,179.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 924.1 | 844.8 | 765.8 | 771.0 | |
| EBITDA Margin % | 7.49 | 7.85 | 8.44 | 8.34 | |
| Free Cash Flow (CFO − Capex) | -926.9 | -2,161.6 | -1,150.8 | -1,150.8 | |
| Free Cash Flow to Equity | — | -726.3 | -63.7 | — | |
| Free Cash Flow per Basic Share | -9.85 | -22.98 | -12.24 | -12.24 | |
| Cash Flow to Net Income | -0.08 | -1.52 | -1.04 | — | |
| Cash Paid for Taxes | 86.6 | 306.7 | 302.8 | — | |
| Cash Paid for Interest | 161.5 | 261.8 | 312.3 | — | |