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 | 1,633.4 | 1,654.6 | 3,185.3 | — | |
| + Impairment Loss / (Reversal) | 36.6 | 15.9 | 22.0 | — | |
| + Finance Costs | 2,053.4 | 2,269.1 | 5,816.5 | — | |
| + Interest Income | -223.1 | 0.0 | 0.0 | — | |
| + Dividend Income | -23.8 | 0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -0.8 | -37.0 | — | |
| + Share-based Payments | 24.6 | 36.6 | 52.5 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 121.9 | 49.5 | — | |
| + Other Reconciling Items | -40.6 | -148.7 | -208.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | 148.8 | 210.7 | -55.3 | — | |
| + Trade Receivables — Current | 639.4 | -726.9 | -194.3 | — | |
| + Other Current Assets | 107.4 | -951.2 | -160.7 | — | |
| + Trade Payables — Current | 113.0 | -120.5 | 121.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 2,150.4 | 2,191.2 | 1,974.1 | 1,655.3 | |
| + Total Adjustments (incl. Working Capital) | 4,468.9 | 2,360.8 | 8,591.6 | — | |
| Cash from Operations (pre-tax) | 6,619.3 | 4,551.9 | 10,565.7 | — | |
| + Interest Received — Operating | 0.0 | -333.1 | -361.7 | — | |
| + Dividends Received — Operating | 0.0 | -51.3 | -19.8 | — | |
| + Income Taxes Paid | 385.7 | 329.1 | 285.9 | — | |
| Cash from Operating Activities | 6,233.6 | 3,838.5 | 9,898.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 8,032.8 | 6,708.6 | 10,310.5 | — | |
| + Disp of Fixed Assets | 0.0 | 1.6 | 199.0 | — | |
| + Disp of Investment Property | 0.7 | 0.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.5 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 117.7 | 89.3 | — | |
| + Sale of Investments (Equity / Debt) | 23.3 | 0.5 | 0.3 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 16,887.3 | 9,622.5 | — | |
| + Disp of Subsidiaries / Businesses (net) | 82.7 | 121.6 | 63.9 | — | |
| + Loans & Advances Made | -70.0 | 88.0 | 76.0 | — | |
| + Loans & Advances Repaid | 0.0 | 0.0 | 3.2 | — | |
| + Dividends Received — Investing | 23.8 | 51.3 | 19.8 | — | |
| + Interest Received — Investing | 189.4 | 319.5 | 373.0 | — | |
| + Other Inflows / (Outflows) — Investing | -675.3 | -305.9 | -831.8 | — | |
| Cash from Investing Activities | -8,317.7 | -23,612.9 | -20,270.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 4,944.5 | 1,125.0 | — | |
| + Proceeds from Exercise of Stock Options | -10.7 | 2.2 | 1.5 | — | |
| + Proceeds from Borrowings | 11,093.5 | 21,406.0 | 20,466.4 | — | |
| + Repayment of Borrowings | 6,723.3 | 2,980.8 | 4,578.6 | — | |
| + Payment of Lease Liabilities | 29.7 | 64.0 | 156.0 | — | |
| + Interest Paid | 2,308.2 | 2,720.7 | 5,955.7 | — | |
| + Dividends Paid | 346.8 | 363.9 | 363.9 | — | |
| + Other Inflows / (Outflows) — Financing | 123.6 | 0.0 | 78.7 | — | |
| Cash from Financing Activities | 1,798.4 | 20,223.4 | 10,617.5 | — | |
| Net Changes in Cash (pre-FX) | -285.7 | 449.0 | 245.0 | — | |
| + Effect of FX Rate Changes on Cash | -3.0 | 623.1 | 1,748.0 | — | |
| Net Changes in Cash | -288.7 | 1,072.1 | 1,992.9 | — | |
| Closing Cash | 4,180.1 | — | — | — | |
| Reference Items | |||||
| EBITDA | 5,381.8 | 5,220.8 | 10,064.4 | 10,148.9 | |
| EBITDA Margin % | 46.86 | 44.45 | 53.25 | 53.51 | |
| Free Cash Flow (CFO − Capex) | -1,799.1 | -2,870.1 | -412.2 | -412.2 | |
| Free Cash Flow to Equity | — | 12,703.9 | 19,857.0 | — | |
| Free Cash Flow per Basic Share | -10.24 | -16.34 | -2.35 | -2.35 | |
| Cash Flow to Net Income | 3.61 | 1.94 | 3.58 | — | |
| Cash Paid for Taxes | 385.7 | 329.1 | 285.9 | — | |
| Cash Paid for Interest | 2,308.2 | 2,720.7 | 5,955.7 | — | |