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 | 473.0 | 497.3 | 510.1 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 93.5 | — | |
| + Finance Costs | 518.0 | 576.5 | 500.6 | — | |
| + Interest Income | -57.0 | -43.3 | -54.7 | — | |
| + Fair Value (Gains) / Losses | 76.0 | 32.7 | 109.7 | — | |
| + Unrealised FX (Gain) / Loss | 42.0 | -13.6 | -40.3 | — | |
| + Other Non-cash Items | -1.0 | -0.2 | 25.3 | — | |
| + Other — Cash Effects are Investing / Financing | 2.0 | -8.9 | -167.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -125.0 | -75.4 | -347.5 | — | |
| + Trade Receivables — Current | -2,481.0 | -2,338.8 | -2,195.7 | — | |
| + Trade Receivables — Non-current | 1,977.0 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 0.0 | 1,736.9 | 2,113.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 701.0 | 822.8 | 1,370.7 | 1,500.9 | |
| + Total Adjustments (incl. Working Capital) | 424.0 | 363.1 | 547.5 | — | |
| Cash from Operations (pre-tax) | 1,125.0 | 1,185.9 | 1,918.1 | — | |
| + Income Taxes Paid | 282.0 | 271.9 | 383.7 | — | |
| Cash from Operating Activities | 843.0 | 914.0 | 1,534.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 352.0 | 574.6 | 810.3 | — | |
| + Disp of Fixed Assets | 33.0 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 62.7 | 115.5 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 149.9 | 2.0 | — | |
| + Sale of Investments (Equity / Debt) | 5.0 | 0.0 | 150.8 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 605.4 | — | |
| + Loans & Advances Made | 45.0 | 50.0 | 31.2 | — | |
| + Loans & Advances Repaid | 45.0 | 50.0 | 65.7 | — | |
| + Interest Received — Investing | 53.0 | 30.6 | 42.7 | — | |
| + Other Inflows / (Outflows) — Investing | -2.0 | -87.2 | -136.8 | — | |
| Cash from Investing Activities | -263.0 | -718.5 | -0.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 34.7 | — | |
| + Proceeds from Debentures / Notes / Bonds | 600.0 | 500.0 | 0.0 | — | |
| + Proceeds from Borrowings | 224.0 | 671.6 | -268.4 | — | |
| + Repayment of Borrowings | 666.0 | 976.4 | 673.8 | — | |
| + Payment of Lease Liabilities | 0.0 | 81.7 | 92.4 | — | |
| + Payment of Finance Lease Liabilities | 64.0 | — | — | — | |
| + Interest Paid | 504.0 | 566.2 | 482.9 | — | |
| + Dividends Paid | 114.0 | 130.0 | 153.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 982.2 | 0.0 | — | |
| Cash from Financing Activities | -524.0 | 399.7 | -1,636.4 | — | |
| Net Changes in Cash (pre-FX) | 56.0 | 595.1 | -102.3 | — | |
| + Effect of FX Rate Changes on Cash | -3.0 | 0.1 | 8.7 | — | |
| Net Changes in Cash | 53.0 | 595.3 | -93.7 | — | |
| Closing Cash | 1,010.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,628.0 | 1,834.1 | 2,239.9 | 2,276.7 | |
| EBITDA Margin % | 8.30 | 8.22 | 8.25 | 8.32 | |
| Free Cash Flow (CFO − Capex) | 491.0 | 339.3 | 724.1 | 724.1 | |
| Free Cash Flow to Equity | — | 51.8 | -640.5 | — | |
| Free Cash Flow per Basic Share | 28.75 | 19.87 | 42.39 | 42.39 | |
| Price to Free Cash Flow | — | — | — | 33.87 | |
| Cash Flow to Net Income | 1.63 | 1.61 | 1.49 | — | |
| Cash Paid for Taxes | 282.0 | 271.9 | 383.7 | — | |
| Cash Paid for Interest | 504.0 | 566.2 | 482.9 | — | |