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 | 53.0 | 63.8 | 78.4 | — | |
| + Impairment Loss / (Reversal) | 577.2 | 424.7 | -237.2 | — | |
| + Finance Costs | 1,561.5 | 1,304.9 | 999.2 | — | |
| + Interest Income | -2,582.3 | -1,960.7 | -1,783.7 | — | |
| + Dividend Income | -13.0 | -14.9 | -23.1 | — | |
| + Fair Value (Gains) / Losses | -559.6 | -735.5 | -570.7 | — | |
| + Share-based Payments | 9.9 | 22.0 | 16.8 | — | |
| + Other Non-cash Items | 846.9 | 5.7 | -0.9 | — | |
| + Other — Cash Effects are Investing / Financing | -0.7 | -0.8 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -40.8 | 13.0 | 2.4 | — | |
| + Trade Receivables — Current | 644.6 | -79.4 | -786.8 | — | |
| + Other Financial Assets — Current | 688.9 | 144.7 | -190.9 | — | |
| + Other Financial Assets — Non-current | 1,159.7 | 4,713.9 | 326.8 | — | |
| + Other Current Assets | 0.0 | -4.1 | -6.2 | — | |
| + Other Non-current Assets | -2.0 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | -7.6 | -81.9 | 947.2 | — | |
| + Other Financial Liabilities — Current | 286.9 | 320.6 | -176.1 | — | |
| + Other Current Liabilities | 27.4 | 51.3 | -65.7 | — | |
| + Provisions — Current | 0.0 | 0.0 | 31.6 | — | |
| + Provisions — Non-current | -6.9 | 3.4 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 353.4 | 996.9 | 1,580.4 | 1,443.4 | |
| + Total Adjustments (incl. Working Capital) | 2,643.2 | 4,190.6 | -1,439.1 | — | |
| Cash from Operations (pre-tax) | 2,996.6 | 5,187.4 | 141.4 | — | |
| + Interest Received — Operating | 2,567.5 | 1,982.1 | 1,639.1 | — | |
| + Interest Paid — Operating | 1,549.2 | 1,396.0 | 983.4 | — | |
| + Income Taxes Paid | 379.8 | 204.9 | 216.4 | — | |
| Cash from Operating Activities | 3,635.1 | 5,568.7 | 580.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 53.7 | 34.0 | 64.2 | — | |
| + Disp of Fixed Assets | 0.8 | 1.6 | 9.6 | — | |
| + Purchase of Investments (Equity / Debt) | 1,176.5 | 2,448.0 | 1,274.5 | — | |
| + Sale of Investments (Equity / Debt) | 457.3 | 715.5 | 1,069.1 | — | |
| + Disp of Subsidiaries / Businesses (net) | -13.3 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 13.0 | 14.9 | 23.1 | — | |
| + Interest Received — Investing | 26.7 | 32.5 | 131.5 | — | |
| + Other Inflows / (Outflows) — Investing | -1,344.3 | -756.9 | -427.1 | — | |
| Cash from Investing Activities | -2,089.9 | -2,474.5 | -532.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Other Equity Instruments | 91.5 | 90.4 | 238.5 | — | |
| + Proceeds from Exercise of Stock Options | 0.3 | 0.1 | 1.0 | — | |
| + Payments for Other Equity Instruments | 76.4 | 16.0 | 5.3 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 2.1 | — | |
| + Proceeds from Debentures / Notes / Bonds | 911.4 | 3,232.3 | 3,977.4 | — | |
| + Proceeds from Borrowings | 2,589.7 | 1,430.9 | 1,298.3 | — | |
| + Repayment of Borrowings | 3,235.1 | 9,288.1 | 5,177.0 | — | |
| + Payment of Lease Liabilities | 32.1 | 39.3 | 49.4 | — | |
| + Dividends Paid | 86.9 | 196.1 | 401.7 | — | |
| Cash from Financing Activities | 162.5 | -4,785.8 | -116.1 | — | |
| Net Changes in Cash (pre-FX) | 1,707.6 | -1,691.6 | -67.8 | — | |
| Net Changes in Cash | 1,707.6 | -1,691.6 | -67.8 | — | |
| Closing Cash | 2,231.6 | — | 472.2 | — | |
| Reference Items | |||||
| EBITDA | 2,743.3 | 2,290.4 | 2,509.8 | 2,359.6 | |
| EBITDA Margin % | 57.62 | 52.32 | 61.35 | 56.45 | |
| Free Cash Flow (CFO − Capex) | 3,581.3 | 5,534.7 | 516.5 | 516.5 | |
| Free Cash Flow per Basic Share | 37.45 | 57.87 | 5.40 | 5.40 | |
| Price to Free Cash Flow | — | — | — | 23.54 | |
| Cash Flow to Net Income | 118.21 | 7.20 | 0.48 | — | |
| Cash Paid for Taxes | 379.8 | 204.9 | 216.4 | — | |