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 | 2,821.8 | 2,767.6 | 3,171.5 | — | |
| + Finance Costs | 1,294.2 | 1,312.1 | 1,516.6 | — | |
| + Dividend Income | -0.1 | -0.4 | -0.1 | — | |
| + Fair Value (Gains) / Losses | -5.1 | 0.0 | -262.3 | — | |
| + Unrealised FX (Gain) / Loss | 39.2 | -278.9 | -398.0 | — | |
| + Other Reconciling Items | -55.7 | 1,040.3 | 810.6 | — | |
| Changes in Working Capital | |||||
| + Inventories | -1,190.6 | 1,467.2 | -2,432.6 | — | |
| + Trade Receivables — Current | -743.3 | 275.7 | -372.7 | — | |
| + Other Financial Assets — Current | 257.1 | -265.1 | -353.6 | — | |
| + Other Current Assets | 0.0 | -411.3 | -859.7 | — | |
| + Other Non-current Assets | -1,451.7 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | -12.8 | 1,105.9 | 3,136.0 | — | |
| + Other Financial Liabilities — Current | -41.2 | 684.6 | -135.1 | — | |
| + Other Current Liabilities | -525.4 | 247.8 | 200.3 | — | |
| + Provisions — Current | 55.6 | 41.3 | 104.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 6,241.4 | 4,352.6 | 4,428.3 | 3,615.3 | |
| + Total Adjustments (incl. Working Capital) | 442.1 | 7,986.7 | 4,124.9 | — | |
| Cash from Operations (pre-tax) | 6,683.5 | 12,339.4 | 8,553.2 | — | |
| + Income Taxes Paid | 675.1 | 1,515.4 | 1,349.0 | — | |
| Cash from Operating Activities | 6,008.4 | 10,824.0 | 7,204.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 8,517.1 | 10,607.1 | 9,574.2 | — | |
| + Disp of Fixed Assets | 90.5 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 117.4 | 26.9 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 318.5 | — | |
| + Sale of Investments (Equity / Debt) | 176.0 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 217.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 119.4 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 8.8 | 33.2 | 6.7 | — | |
| + Dividends Received — Investing | 0.1 | 0.4 | 0.1 | — | |
| + Interest Received — Investing | 243.4 | 192.6 | 145.5 | — | |
| + Other Inflows / (Outflows) — Investing | -465.2 | -2,059.2 | -803.5 | — | |
| Cash from Investing Activities | -8,344.1 | -12,322.8 | -10,733.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 8,444.8 | 8,181.4 | 8,014.7 | — | |
| + Repayment of Borrowings | 4,983.7 | 6,219.2 | 3,595.3 | — | |
| + Payment of Lease Liabilities | 0.0 | 73.9 | 71.8 | — | |
| + Interest Paid | 1,621.2 | 1,996.5 | 2,161.0 | — | |
| + Dividends Paid | 200.5 | 199.9 | 204.2 | — | |
| + Other Inflows / (Outflows) — Financing | -258.3 | 1,117.3 | 820.2 | — | |
| Cash from Financing Activities | 1,381.1 | 809.4 | 2,802.5 | — | |
| Net Changes in Cash (pre-FX) | -954.7 | -689.4 | -727.2 | — | |
| Net Changes in Cash | -954.7 | -689.4 | -727.2 | — | |
| Closing Cash | 3,306.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | 10,200.8 | 9,494.2 | 9,659.5 | 9,314.3 | |
| EBITDA Margin % | 20.39 | 19.08 | 18.15 | 16.51 | |
| Free Cash Flow (CFO − Capex) | -2,508.7 | 216.9 | -2,369.9 | -2,369.9 | |
| Free Cash Flow to Equity | — | 166.1 | -335.0 | — | |
| Free Cash Flow per Basic Share | -24.66 | 2.13 | -23.29 | -23.29 | |
| Cash Flow to Net Income | 1.01 | 3.80 | 2.14 | — | |
| Cash Paid for Taxes | 675.1 | 1,515.4 | 1,349.0 | — | |
| Cash Paid for Interest | 1,621.2 | 1,996.5 | 2,161.0 | — | |