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 | 1,257.3 | 1,347.0 | 1,519.9 | — | |
| + Finance Costs | 1,113.8 | 1,008.3 | 907.2 | — | |
| + Interest Income | -14.9 | -25.7 | -51.0 | — | |
| + Dividend Income | -1.1 | -2.1 | -0.9 | — | |
| + Unrealised FX (Gain) / Loss | 75.9 | 58.4 | 598.9 | — | |
| + Other Non-cash Items | -56.9 | -115.6 | 17.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -1,576.3 | 585.6 | -6,701.2 | — | |
| + Trade Receivables — Current | 611.8 | 348.2 | -2,545.7 | — | |
| + Other Financial Assets — Current | -26.6 | -22.9 | -30.0 | — | |
| + Other Current Assets | -26.5 | -164.7 | 22.5 | — | |
| + Trade Payables — Current | 1,130.7 | -1,152.1 | 5,491.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 5,507.9 | 90.8 | 4,006.5 | 5,624.3 | |
| + Total Adjustments (incl. Working Capital) | 2,487.3 | 1,864.5 | -771.7 | — | |
| Cash from Operations (pre-tax) | 7,995.2 | 1,955.2 | 3,234.9 | — | |
| + Income Taxes Paid | 950.2 | 77.3 | 703.7 | — | |
| Cash from Operating Activities | 7,045.0 | 1,877.9 | 2,531.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,556.0 | 990.3 | 1,412.3 | — | |
| + Disp of Fixed Assets | 14.5 | 30.0 | 0.7 | — | |
| + Government Grants Received | 5.1 | 0.4 | 1.6 | — | |
| + Dividends Received — Investing | 13.5 | 22.5 | 15.0 | — | |
| + Interest Received — Investing | 6.6 | 0.0 | 19.1 | — | |
| + Income Taxes (Paid) / Refund — Investing | 1.5 | 2.3 | 2.9 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 0.0 | 0.3 | — | |
| Cash from Investing Activities | -1,517.9 | -939.6 | -1,378.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 837.5 | 1,131.0 | 2,392.1 | — | |
| + Repayment of Borrowings | 5,135.0 | 757.2 | 1,485.4 | — | |
| + Payment of Lease Liabilities | 27.5 | 29.9 | 81.2 | — | |
| + Interest Paid | 1,024.1 | 931.3 | 722.8 | — | |
| + Dividends Paid | 175.3 | 350.5 | 701.0 | — | |
| Cash from Financing Activities | -5,524.2 | -937.9 | -598.3 | — | |
| Net Changes in Cash (pre-FX) | 2.9 | 0.4 | 554.4 | — | |
| Net Changes in Cash | 2.9 | 0.4 | 554.4 | — | |
| Closing Cash | 9.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 7,695.8 | 2,292.8 | 6,235.5 | 7,373.8 | |
| EBITDA Margin % | 7.31 | 2.10 | 5.93 | 5.86 | |
| Free Cash Flow (CFO − Capex) | 5,489.0 | 887.6 | 1,118.9 | 1,118.9 | |
| Free Cash Flow to Equity | — | 371.2 | 1,863.3 | — | |
| Free Cash Flow per Basic Share | 31.32 | 5.06 | 6.38 | 6.38 | |
| Price to Free Cash Flow | — | — | — | 28.35 | |
| Cash Flow to Net Income | 1.96 | 33.41 | 1.32 | — | |
| Cash Paid for Taxes | 950.2 | 77.3 | 703.7 | — | |
| Cash Paid for Interest | 1,024.1 | 931.3 | 722.8 | — | |