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 | 1,184.1 | 1,193.0 | 1,975.9 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 82.3 | — | |
| + Finance Costs | 402.4 | 1,188.9 | 1,423.0 | — | |
| + Interest Income | -421.9 | -439.7 | -396.8 | — | |
| + Dividend Income | -9.4 | -9.4 | -17.6 | — | |
| + Fair Value (Gains) / Losses | -39.0 | -11.4 | -4.0 | — | |
| + Unrealised FX (Gain) / Loss | -44.7 | 13.5 | 34.3 | — | |
| + Other Non-cash Items | -73.0 | -108.1 | -53.5 | — | |
| + Other — Cash Effects are Investing / Financing | 13.7 | 21.4 | 17.4 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | 33.7 | — | |
| Changes in Working Capital | |||||
| + Inventories | -29.1 | -67.2 | -36.9 | — | |
| + Trade Receivables — Current | 2,236.3 | -328.4 | -65.0 | — | |
| + Other Financial Assets — Current | -882.3 | -738.1 | -1,901.4 | — | |
| + Other Non-current Assets | 0.0 | -0.2 | -2.8 | — | |
| + Other Financial Liabilities — Current | 930.6 | 771.5 | 193.6 | — | |
| + Provisions — Current | -103.7 | -70.1 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 4,643.5 | 4,487.4 | 2,907.8 | 2,872.1 | |
| + Total Adjustments (incl. Working Capital) | 3,164.1 | 1,415.8 | 1,282.2 | — | |
| Cash from Operations (pre-tax) | 7,807.6 | 5,903.2 | 4,190.1 | — | |
| + Income Taxes Paid | 870.1 | 877.0 | 896.4 | — | |
| Cash from Operating Activities | 6,937.5 | 5,026.2 | 3,293.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 6,997.1 | 8,851.4 | 11,572.3 | — | |
| + Disp of Fixed Assets | 2.2 | 1.8 | 4.9 | — | |
| + Disp of Other Long-term Assets | 150.0 | 12.4 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.0 | 5.0 | — | |
| + Government Grants Received | 407.3 | 609.2 | 293.8 | — | |
| + Dividends Received — Investing | 9.4 | 9.4 | 17.6 | — | |
| + Interest Received — Investing | 364.3 | 456.9 | 368.9 | — | |
| + Other Inflows / (Outflows) — Investing | 95.9 | 211.6 | -247.0 | — | |
| Cash from Investing Activities | -5,968.2 | -7,550.2 | -11,139.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 381.9 | 308.6 | 1,452.9 | — | |
| + Proceeds from Borrowings | 6,282.0 | 10,346.5 | 16,121.7 | — | |
| + Repayment of Borrowings | 2,815.5 | 3,188.7 | 3,402.6 | — | |
| + Payment of Lease Liabilities | 9.3 | 11.7 | 18.5 | — | |
| + Interest Paid | 2,094.6 | 3,241.4 | 2,871.3 | — | |
| + Dividends Paid | 2,325.9 | 2,309.9 | 2,354.5 | — | |
| Cash from Financing Activities | -581.5 | 1,903.5 | 8,927.6 | — | |
| Net Changes in Cash (pre-FX) | 387.9 | -620.5 | 1,082.2 | — | |
| Net Changes in Cash | 387.9 | -620.5 | 1,082.2 | — | |
| Closing Cash | 1,422.1 | 801.6 | — | — | |
| Reference Items | |||||
| EBITDA | 4,868.3 | 5,519.9 | 5,235.9 | 5,786.6 | |
| EBITDA Margin % | 50.54 | 53.18 | 45.08 | 47.39 | |
| Free Cash Flow (CFO − Capex) | -59.6 | -3,825.2 | -8,278.7 | -8,278.7 | |
| Free Cash Flow to Equity | — | -125.1 | 1,549.8 | — | |
| Free Cash Flow per Basic Share | -0.06 | -3.81 | -8.24 | -8.24 | |
| Cash Flow to Net Income | 1.72 | 1.47 | 0.78 | — | |
| Cash Paid for Taxes | 870.1 | 877.0 | 896.4 | — | |
| Cash Paid for Interest | 2,094.6 | 3,241.4 | 2,871.3 | — | |