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 | 568.0 | 602.1 | 630.5 | — | |
| + Finance Costs | 699.2 | 623.6 | 619.4 | — | |
| + Interest Income | -83.4 | -42.3 | -23.2 | — | |
| + Dividend Income | -0.2 | -0.6 | -3.5 | — | |
| + Fair Value (Gains) / Losses | -1.0 | 0.1 | -0.1 | — | |
| + Share-based Payments | 45.4 | 6.2 | 2.0 | — | |
| + Unrealised FX (Gain) / Loss | -7.2 | 19.6 | -39.6 | — | |
| + Undistributed Profits of Associates | 0.8 | -26.3 | -19.3 | — | |
| + Other Reconciling Items | -15.1 | 57.9 | -8.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | -695.6 | -5.9 | -277.7 | — | |
| + Trade Receivables — Current | -333.0 | -205.8 | 722.4 | — | |
| + Trade Receivables — Non-current | -0.1 | 4.0 | 0.3 | — | |
| + Other Current Assets | 536.9 | 387.9 | -235.0 | — | |
| + Trade Payables — Current | -6.9 | -457.1 | 136.5 | — | |
| + Other Current Liabilities | -34.4 | -391.3 | -560.6 | — | |
| + Provisions — Current | 0.0 | 0.0 | 9.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 2,216.5 | 2,322.7 | 1,056.4 | 840.7 | |
| + Total Adjustments (incl. Working Capital) | 672.1 | 624.5 | 991.8 | — | |
| Cash from Operations (pre-tax) | 2,888.6 | 2,947.2 | 2,048.1 | — | |
| + Income Taxes Paid | 295.7 | 612.0 | 276.8 | — | |
| Cash from Operating Activities | 2,592.9 | 2,335.2 | 1,771.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 863.0 | 1,031.3 | 1,076.0 | — | |
| + Disp of Fixed Assets | 11.4 | 20.5 | 10.8 | — | |
| + Acq of Other Long-term Assets | 55.3 | 29.3 | 43.2 | — | |
| + Disp of Other Long-term Assets | 55.0 | 34.3 | 26.5 | — | |
| + Acq of Subsidiaries / Businesses (net) | 1,094.0 | 0.0 | 0.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.1 | 0.0 | — | |
| + Loans & Advances Made | 16.6 | 29.3 | 0.0 | — | |
| + Loans & Advances Repaid | 3.4 | 60.0 | 2.2 | — | |
| + Dividends Received — Investing | 0.2 | 0.6 | 3.5 | — | |
| + Interest Received — Investing | 41.5 | 38.0 | 18.9 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 37.6 | 101.9 | — | |
| Cash from Investing Activities | -1,917.4 | -898.8 | -955.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 1,272.9 | 7.5 | 0.0 | — | |
| + Repayment of Borrowings | 495.8 | 1,376.9 | 870.6 | — | |
| + Payment of Lease Liabilities | 24.7 | 29.7 | 32.2 | — | |
| + Interest Paid | 664.7 | 617.6 | 529.3 | — | |
| + Dividends Paid | 100.1 | 127.3 | 127.1 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 620.4 | 485.9 | — | |
| Cash from Financing Activities | -12.4 | -1,523.6 | -1,073.3 | — | |
| Net Changes in Cash (pre-FX) | 663.1 | -87.2 | -257.3 | — | |
| + Effect of FX Rate Changes on Cash | 0.4 | 1.6 | 8.6 | — | |
| Net Changes in Cash | 663.5 | -85.7 | -248.7 | — | |
| Closing Cash | 741.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 3,321.0 | 3,429.3 | 2,214.7 | 1,941.3 | |
| EBITDA Margin % | 15.85 | 16.46 | 12.38 | 10.63 | |
| Free Cash Flow (CFO − Capex) | 1,729.9 | 1,303.8 | 695.4 | 695.4 | |
| Free Cash Flow to Equity | — | -215.8 | -2.3 | — | |
| Free Cash Flow per Basic Share | 27.05 | 20.39 | 10.87 | 10.87 | |
| Price to Free Cash Flow | — | — | — | 29.22 | |
| Cash Flow to Net Income | 1.63 | 1.60 | 1.91 | — | |
| Cash Paid for Taxes | 295.7 | 612.0 | 276.8 | — | |
| Cash Paid for Interest | 664.7 | 617.6 | 529.3 | — | |