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 | 35.4 | 42.8 | 43.1 | — | |
| + Finance Costs | 16.0 | 930.1 | 874.5 | — | |
| + Interest Income | -0.4 | -0.5 | -0.5 | — | |
| + Fair Value (Gains) / Losses | -228.1 | -70.1 | -116.9 | — | |
| + Share-based Payments | 8.1 | 5.6 | 7.0 | — | |
| + Other — Cash Effects are Investing / Financing | -15.7 | -23.7 | -19.3 | — | |
| + Other Reconciling Items | 22.6 | -3.4 | 7.5 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -185.3 | 184.4 | 9.9 | — | |
| + Other Financial Assets — Current | -2,370.1 | -509.4 | -2,109.4 | — | |
| + Other Current Assets | -5.6 | 126.7 | 25.7 | — | |
| + Other Non-current Assets | -10.6 | 15.4 | -0.7 | — | |
| + Trade Payables — Current | 2.0 | -5.4 | 1.7 | — | |
| + Other Financial Liabilities — Current | -46.2 | -58.8 | -0.0 | — | |
| + Other Current Liabilities | 9.3 | -7.5 | 1.2 | — | |
| + Provisions — Current | 185.7 | 1,155.4 | 449.8 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 581.8 | -288.9 | 208.9 | 309.8 | |
| + Total Adjustments (incl. Working Capital) | -2,582.7 | 1,781.7 | -826.4 | — | |
| Cash from Operations (pre-tax) | -2,000.8 | 1,492.8 | -617.5 | — | |
| + Income Taxes Paid | 124.4 | 110.8 | -37.2 | — | |
| Cash from Operating Activities | -2,125.3 | 1,382.0 | -580.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 27.6 | 20.7 | 10.9 | — | |
| + Disp of Fixed Assets | 0.0 | -0.1 | 0.3 | — | |
| + Purchase of Investments (Equity / Debt) | -16.6 | 4,973.8 | 4,238.8 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 4,690.5 | 4,202.8 | — | |
| + Other Inflows / (Outflows) — Investing | -214.4 | 176.3 | 5.1 | — | |
| Cash from Investing Activities | -225.3 | -127.8 | -41.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 760.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 6,914.7 | 5,753.3 | 8,187.8 | — | |
| + Repayment of Borrowings | 5,042.5 | 7,203.6 | 7,551.3 | — | |
| + Payment of Lease Liabilities | 30.4 | 37.1 | 40.1 | — | |
| + Other Inflows / (Outflows) — Financing | -52.9 | 2.8 | 29.2 | — | |
| Cash from Financing Activities | 2,548.8 | -1,484.6 | 625.6 | — | |
| Net Changes in Cash (pre-FX) | 198.2 | -230.4 | 3.9 | — | |
| Net Changes in Cash | 198.2 | -230.4 | 3.9 | — | |
| Closing Cash | 957.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,485.1 | 681.3 | 1,115.4 | 1,253.8 | |
| EBITDA Margin % | 65.42 | 26.60 | 47.07 | 50.57 | |
| Free Cash Flow (CFO − Capex) | -2,152.8 | 1,361.3 | -591.2 | -591.2 | |
| Free Cash Flow per Basic Share | -128.32 | 81.14 | -35.24 | -35.24 | |
| Cash Flow to Net Income | -4.73 | -6.21 | -3.41 | — | |
| Cash Paid for Taxes | 124.4 | 110.8 | -37.2 | — | |