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 | 878.8 | 956.1 | 1,060.3 | — | |
| + Finance Costs | 554.4 | 611.6 | 567.9 | — | |
| + Interest Income | -89.0 | -222.8 | -264.0 | — | |
| + Dividend Income | 0.0 | 0.0 | -0.0 | — | |
| + Fair Value (Gains) / Losses | -100.8 | -2.5 | -3.4 | — | |
| + Share-based Payments | 9.2 | 39.5 | 46.7 | — | |
| + Unrealised FX (Gain) / Loss | 32.4 | -70.0 | 87.2 | — | |
| + Undistributed Profits of Associates | 53.1 | -43.7 | 16.7 | — | |
| + Other Non-cash Items | 4.0 | -7.2 | 62.0 | — | |
| + Other — Cash Effects are Investing / Financing | -23.1 | -14.1 | 6.1 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | -17.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | 462.0 | -1,683.8 | 200.7 | — | |
| + Trade Receivables — Current | 793.6 | -253.2 | -5.9 | — | |
| + Other Financial Assets — Current | 201.3 | 74.6 | -35.5 | — | |
| + Other Financial Assets — Non-current | -65.0 | -46.3 | -4.7 | — | |
| + Other Current Assets | 353.8 | 25.8 | -53.3 | — | |
| + Other Non-current Assets | -36.5 | -7.7 | -4.7 | — | |
| + Trade Payables — Current | -565.1 | 2,296.9 | -1,831.9 | — | |
| + Other Financial Liabilities — Current | -348.8 | 157.4 | 323.2 | — | |
| + Other Financial Liabilities — Non-current | -0.8 | 0.6 | -20.7 | — | |
| + Other Current Liabilities | -4.2 | 123.9 | 59.2 | — | |
| + Other Non-current Liabilities | -39.6 | -28.9 | -68.8 | — | |
| + Provisions — Current | 3.8 | 1.5 | -0.5 | — | |
| + Provisions — Non-current | -4.4 | 2.6 | 43.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 3,592.5 | 3,339.0 | 4,242.1 | 4,306.6 | |
| + Total Adjustments (incl. Working Capital) | 1,962.9 | 1,997.8 | 129.4 | — | |
| Cash from Operations (pre-tax) | 5,555.4 | 5,336.8 | 4,371.5 | — | |
| + Income Taxes Paid | 737.3 | 618.4 | 976.5 | — | |
| Cash from Operating Activities | 4,818.1 | 4,718.4 | 3,395.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,474.9 | 1,885.5 | 2,658.2 | — | |
| + Disp of Fixed Assets | 23.7 | 56.8 | 18.5 | — | |
| + Acq of Other Long-term Assets | 0.0 | 445.6 | 8.9 | — | |
| + Disp of Other Long-term Assets | 0.0 | -153.7 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 1,527.2 | 798.9 | 108.6 | — | |
| + Disp of Subsidiaries / Businesses (net) | 36.5 | 158.4 | 0.0 | — | |
| + Loans & Advances Made | 245.2 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | -0.0 | 0.0 | 21.9 | — | |
| + Interest Received — Investing | 83.9 | 142.4 | 274.7 | — | |
| + Other Inflows / (Outflows) — Investing | -237.0 | -512.6 | -1,045.0 | — | |
| Cash from Investing Activities | -3,340.2 | -3,438.7 | -3,505.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 2.9 | 4.2 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 31.6 | — | |
| + Proceeds from Borrowings | 875.6 | 653.4 | 1,661.2 | — | |
| + Repayment of Borrowings | 862.1 | 1,671.2 | 1,023.3 | — | |
| + Payment of Lease Liabilities | 0.0 | 27.7 | 31.5 | — | |
| + Payment of Finance Lease Liabilities | 24.2 | — | — | — | |
| + Interest Paid | 533.0 | 595.0 | 509.7 | — | |
| + Dividends Paid | 285.7 | 244.9 | 244.9 | — | |
| Cash from Financing Activities | -829.4 | -1,882.4 | -112.2 | — | |
| Net Changes in Cash (pre-FX) | 648.6 | -602.7 | -222.9 | — | |
| + Effect of FX Rate Changes on Cash | 0.2 | 0.5 | 0.2 | — | |
| Net Changes in Cash | 648.9 | -602.2 | -222.6 | — | |
| Closing Cash | 1,235.4 | 632.5 | — | — | |
| Reference Items | |||||
| EBITDA | 4,757.4 | 4,622.9 | 5,577.2 | 5,644.8 | |
| EBITDA Margin % | 12.34 | 11.76 | 12.98 | 12.82 | |
| Free Cash Flow (CFO − Capex) | 3,343.2 | 2,832.9 | 736.8 | 736.8 | |
| Free Cash Flow to Equity | — | 2,587.5 | 1,271.0 | — | |
| Free Cash Flow per Basic Share | 40.58 | 34.38 | 8.94 | 8.94 | |
| Price to Free Cash Flow | — | — | — | 85.30 | |
| Cash Flow to Net Income | 1.79 | 1.89 | 1.07 | — | |
| Cash Paid for Taxes | 737.3 | 618.4 | 976.5 | — | |
| Cash Paid for Interest | 533.0 | 595.0 | 509.7 | — | |