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 | 4.3 | 5.6 | 7.2 | — | |
| + Impairment Loss / (Reversal) | 90.6 | 128.4 | 179.8 | — | |
| + Finance Costs | 646.7 | 762.8 | 906.7 | — | |
| + Interest Income | -1,077.1 | -1,359.3 | -1,648.7 | — | |
| + Dividend Income | 0.0 | 0.0 | -0.2 | — | |
| + Fair Value (Gains) / Losses | -2.5 | -0.8 | -1.8 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | -1.1 | — | |
| + Other Non-cash Items | -122.4 | -148.9 | -233.5 | — | |
| + Other — Cash Effects are Investing / Financing | -4.9 | -1.2 | -2.5 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -2.2 | 1.9 | -0.9 | — | |
| + Other Financial Assets — Non-current | -1,386.4 | -1,437.1 | -2,024.3 | — | |
| + Other Current Assets | -17.2 | -29.9 | -13.7 | — | |
| + Other Bank Balances | -100.5 | -26.9 | -71.6 | — | |
| + Trade Payables — Current | 6.5 | 26.8 | -4.8 | — | |
| + Other Financial Liabilities — Non-current | -16.1 | 69.6 | 21.7 | — | |
| + Other Current Liabilities | 2.1 | 0.1 | -0.6 | — | |
| + Provisions — Current | 0.6 | -0.9 | 2.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 339.7 | 421.0 | 505.0 | 536.8 | |
| + Total Adjustments (incl. Working Capital) | -1,978.5 | -2,009.9 | -2,885.6 | — | |
| Cash from Operations (pre-tax) | -1,638.8 | -1,588.9 | -2,380.6 | — | |
| + Interest Received — Operating | 1,051.9 | 1,335.4 | 1,620.0 | — | |
| + Interest Paid — Operating | 698.9 | 780.1 | 896.6 | — | |
| + Income Taxes Paid | 80.2 | 99.9 | 129.6 | — | |
| Cash from Operating Activities | -1,366.1 | -1,133.5 | -1,786.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 21.6 | 25.6 | 79.5 | — | |
| + Acq of Intangible Assets | 0.5 | 2.2 | 5.6 | — | |
| + Disp of Fixed Assets | 0.1 | 0.0 | 0.0 | — | |
| + Acq of Intangibles under Development | 0.2 | 1.8 | 6.6 | — | |
| + Purchase of Investments (Equity / Debt) | 2,628.3 | 3,684.6 | 5,232.9 | — | |
| + Sale of Investments (Equity / Debt) | 2,700.6 | 2,886.0 | 5,791.6 | — | |
| Cash from Investing Activities | 50.1 | -828.2 | 467.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 5.0 | 489.1 | 5.0 | — | |
| + Proceeds from Borrowings | 3,631.9 | 4,332.4 | 4,784.0 | — | |
| + Repayment of Borrowings | 2,319.8 | 2,595.6 | 3,657.6 | — | |
| + Payment of Lease Liabilities | 0.5 | 0.8 | 1.2 | — | |
| + Dividends Paid | 26.6 | 27.4 | 35.4 | — | |
| Cash from Financing Activities | 1,290.0 | 2,197.7 | 1,094.8 | — | |
| Net Changes in Cash (pre-FX) | -26.0 | 236.0 | -225.0 | — | |
| Net Changes in Cash | -26.0 | 236.0 | -225.0 | — | |
| Closing Cash | 212.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 984.2 | 1,185.2 | 1,416.9 | 1,469.5 | |
| EBITDA Margin % | 76.94 | 74.26 | 71.01 | 70.25 | |
| Free Cash Flow (CFO − Capex) | -1,388.1 | -1,161.2 | -1,871.9 | -1,871.9 | |
| Free Cash Flow per Basic Share | -76.50 | -64.00 | -103.16 | -103.16 | |
| Cash Flow to Net Income | -5.38 | -3.61 | -4.75 | — | |
| Cash Paid for Taxes | 80.2 | 99.9 | 129.6 | — | |