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 | 92.1 | 116.0 | 137.3 | — | |
| + Impairment Loss / (Reversal) | 553.8 | 1,635.0 | 1,026.1 | — | |
| + Finance Costs | 5,430.1 | 7,412.3 | 10,999.6 | — | |
| + Interest Income | 0.0 | -414.4 | -517.1 | — | |
| + Dividend Income | -4.8 | -2.0 | -4.1 | — | |
| + Fair Value (Gains) / Losses | 38.9 | -51.6 | -12.1 | — | |
| + Other Non-cash Items | 14.7 | 60.4 | 120.6 | — | |
| + Other — Cash Effects are Investing / Financing | -439.8 | -76.6 | -265.8 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -7.9 | 6.0 | 0.3 | — | |
| + Other Financial Assets — Current | -17,993.8 | -33,389.3 | -58,701.7 | — | |
| + Other Financial Assets — Non-current | 0.0 | -49.0 | -154.5 | — | |
| + Other Current Assets | -13.6 | 0.0 | 0.0 | — | |
| + Other Bank Balances | 30.8 | 55.6 | -74.7 | — | |
| + Trade Payables — Current | 67.2 | 32.7 | 49.4 | — | |
| + Other Financial Liabilities — Current | 37.9 | 66.6 | -206.1 | — | |
| + Other Current Liabilities | 35.6 | 0.0 | 0.0 | — | |
| + Provisions — Current | -199.6 | -613.8 | -597.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 5,996.5 | 7,266.0 | 14,304.8 | 15,447.9 | |
| + Total Adjustments (incl. Working Capital) | -12,358.4 | -25,212.2 | -48,200.4 | — | |
| Cash from Operations (pre-tax) | -6,361.9 | -17,946.2 | -33,895.5 | — | |
| + Interest Paid — Operating | 5,759.3 | 6,705.0 | 9,849.2 | — | |
| + Income Taxes Paid | 1,632.8 | 1,725.1 | 3,647.9 | — | |
| Cash from Operating Activities | -13,754.0 | -26,376.4 | -47,392.7 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 222.4 | 217.0 | 152.7 | — | |
| + Disp of Fixed Assets | 1.9 | 1.4 | 2.0 | — | |
| + Acq of Investment Property | 0.0 | 3.0 | 0.0 | — | |
| + Disp of Investment Property | -0.0 | 0.0 | 0.5 | — | |
| + Acq of Other Long-term Assets | 0.0 | 3.5 | 0.0 | — | |
| + Disp of Other Long-term Assets | -27.9 | 1,583.5 | 2,076.4 | — | |
| + Purchase of Investments (Equity / Debt) | 33.8 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 4.8 | 2.0 | 4.1 | — | |
| + Interest Received — Investing | 344.6 | 427.2 | 527.5 | — | |
| + Other Inflows / (Outflows) — Investing | -114.5 | 0.0 | 0.0 | — | |
| Cash from Investing Activities | -47.4 | 1,790.7 | 2,457.8 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.0 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.1 | 0.0 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 53.0 | 62.1 | 0.0 | — | |
| + Proceeds from Debentures / Notes / Bonds | 2,953.0 | 6,498.5 | 12,842.7 | — | |
| + Proceeds from Borrowings | 9,917.4 | 24,459.9 | 37,314.9 | — | |
| + Repayment of Borrowings | 0.0 | 31.8 | -212.3 | — | |
| + Payment of Lease Liabilities | 8.9 | 0.0 | 0.0 | — | |
| + Dividends Paid | 884.4 | 964.8 | 1,044.1 | — | |
| + Other Inflows / (Outflows) — Financing | 33.6 | -6.8 | -6.2 | — | |
| Cash from Financing Activities | 11,957.6 | 29,892.9 | 49,319.6 | — | |
| Net Changes in Cash (pre-FX) | -1,843.8 | 5,307.3 | 4,384.7 | — | |
| + Effect of FX Rate Changes on Cash | 2.3 | 1.6 | 3.7 | — | |
| Net Changes in Cash | -1,841.5 | 5,308.9 | 4,388.4 | — | |
| Closing Cash | 5,989.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 11,417.6 | 14,684.0 | 25,387.6 | 27,557.7 | |
| EBITDA Margin % | 75.81 | 72.64 | 81.35 | 82.43 | |
| Free Cash Flow (CFO − Capex) | -13,976.4 | -26,593.4 | -47,545.4 | -47,545.4 | |
| Free Cash Flow per Basic Share | -348.13 | -662.40 | -1,184.29 | -1,184.29 | |
| Cash Flow to Net Income | -3.08 | -4.93 | -4.47 | — | |
| Cash Paid for Taxes | 1,632.8 | 1,725.1 | 3,647.9 | — | |