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 | 918.6 | 868.5 | 884.0 | — | |
| + Finance Costs | 532.6 | 496.4 | 398.3 | — | |
| + Interest Income | -15.9 | -5.4 | 6.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.5 | -0.5 | 0.1 | — | |
| + Other Non-cash Items | 0.4 | -28.8 | -6.2 | — | |
| + Other — Cash Effects are Investing / Financing | -6.9 | -2.3 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 100.1 | 185.7 | 16.1 | — | |
| + Trade Receivables — Current | -3.1 | -23.2 | -95.5 | — | |
| + Other Current Assets | 0.0 | 47.9 | -112.3 | — | |
| + Other Non-current Assets | -44.2 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 0.0 | -237.8 | -84.0 | — | |
| + Trade Payables — Non-current | -69.3 | 0.0 | 0.0 | — | |
| + Provisions — Non-current | 14.1 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 205.9 | 26.5 | 550.5 | 624.9 | |
| + Total Adjustments (incl. Working Capital) | 1,426.9 | 1,300.5 | 1,006.6 | — | |
| Cash from Operations (pre-tax) | 1,632.8 | 1,327.0 | 1,557.1 | — | |
| + Income Taxes Paid | 40.3 | -1.5 | 71.9 | — | |
| Cash from Operating Activities | 1,592.5 | 1,328.5 | 1,485.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 581.4 | 350.1 | 709.7 | — | |
| + Acq of Other Long-term Assets | 3,973.2 | 0.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 3,978.2 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.8 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 1,800.0 | — | |
| + Loans & Advances Repaid | -1.1 | 1.8 | -4.4 | — | |
| + Interest Received — Investing | 4.9 | 5.1 | 5.1 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | 6.1 | 8.7 | — | |
| Cash from Investing Activities | -573.4 | -337.1 | -2,500.2 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 900.0 | — | |
| + Payments for Other Equity Instruments | 0.0 | 0.0 | 16.4 | — | |
| + Proceeds from Borrowings | 765.0 | 874.6 | 2,291.5 | — | |
| + Repayment of Borrowings | 1,230.6 | 1,176.0 | 1,590.2 | — | |
| + Payment of Lease Liabilities | 150.0 | 161.2 | 212.5 | — | |
| + Interest Paid | 498.5 | 450.0 | 446.0 | — | |
| Cash from Financing Activities | -1,114.1 | -912.6 | 926.5 | — | |
| Net Changes in Cash (pre-FX) | -94.9 | 78.8 | -88.6 | — | |
| Net Changes in Cash | -94.9 | 78.8 | -88.6 | — | |
| Closing Cash | 97.8 | 176.7 | — | — | |
| Reference Items | |||||
| EBITDA | 1,623.7 | 1,372.0 | 1,856.9 | 1,906.5 | |
| EBITDA Margin % | 15.13 | 13.25 | 16.38 | 16.44 | |
| Free Cash Flow (CFO − Capex) | 1,011.2 | 978.4 | 775.5 | 775.5 | |
| Free Cash Flow to Equity | — | 214.0 | 1,047.7 | — | |
| Free Cash Flow per Basic Share | 28.31 | 27.39 | 21.71 | 21.71 | |
| Price to Free Cash Flow | — | — | — | 15.20 | |
| Cash Flow to Net Income | 10.81 | 60.83 | 4.13 | — | |
| Cash Paid for Taxes | 40.3 | -1.5 | 71.9 | — | |
| Cash Paid for Interest | 498.5 | 450.0 | 446.0 | — | |