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 | 28,762.7 | 35,206.0 | 37,390.7 | — | |
| + Impairment Loss / (Reversal) | 0.0 | -17.3 | 4,433.9 | — | |
| + Finance Costs | 10,194.2 | 14,533.8 | 13,026.7 | — | |
| + Interest Income | -5,709.7 | -6,548.7 | -5,713.6 | — | |
| + Dividend Income | -1,831.2 | -1,666.6 | -2,253.3 | — | |
| + Fair Value (Gains) / Losses | -368.6 | -71.6 | 138.7 | — | |
| + Unrealised FX (Gain) / Loss | 737.4 | 871.0 | 5,113.4 | — | |
| + Other Non-cash Items | 7,444.0 | -600.4 | -808.4 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 18.7 | 90.4 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | 502.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -8,134.6 | -5,177.0 | -6,364.0 | — | |
| + Trade Receivables — Current | -1,085.1 | -906.5 | -462.1 | — | |
| + Other Financial Assets — Current | -1,185.7 | -835.6 | -3,735.2 | — | |
| + Other Current Assets | 902.0 | -1,405.0 | -1,322.1 | — | |
| + Other Non-current Assets | 0.0 | 7,605.4 | 8,649.7 | — | |
| + Trade Payables — Current | 9,639.1 | 9,692.0 | 19,420.5 | — | |
| + Other Financial Liabilities — Current | 0.0 | -183.7 | -475.5 | — | |
| + Provisions — Current | 0.0 | 2,983.7 | -251.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 74,464.0 | 51,362.3 | 64,621.0 | 55,299.1 | |
| + Total Adjustments (incl. Working Capital) | 39,364.5 | 53,498.3 | 67,380.4 | — | |
| Cash from Operations (pre-tax) | 1,13,828.6 | 1,04,860.5 | 1,32,001.4 | — | |
| + Income Taxes Paid | 14,565.9 | 13,992.4 | 19,282.1 | — | |
| Cash from Operating Activities | 99,262.7 | 90,868.2 | 1,12,719.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 37,915.6 | 41,030.8 | 41,281.6 | — | |
| + Disp of Fixed Assets | 250.9 | 316.7 | 781.4 | — | |
| + Acq of Intangibles under Development | 13,986.0 | 14,645.4 | 12,708.9 | — | |
| + Purchase of Investments (Equity / Debt) | 7.7 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 13,665.0 | 45.4 | — | |
| + Acq of Interests in Joint Ventures | 3,530.5 | 3,322.1 | 671.1 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 1,156.9 | 0.0 | — | |
| + Loans & Advances Made | 500.0 | 3,825.0 | 3,969.0 | — | |
| + Government Grants Received | 5.1 | 12.6 | 102.2 | — | |
| + Dividends Received — Investing | 3,657.3 | 3,523.5 | 3,620.0 | — | |
| + Interest Received — Investing | 4,416.2 | 5,707.3 | 5,069.5 | — | |
| + Other Inflows / (Outflows) — Investing | -9,656.6 | -2,266.5 | -8,663.9 | — | |
| Cash from Investing Activities | -57,266.8 | -43,021.7 | -57,675.9 | — | |
| Cash from Financing Activities | |||||
| + Buyback / Redemption of Own Shares | 0.0 | 6.6 | 0.3 | — | |
| + Payments — Change in Ownership of Subsidiaries | 609.3 | 494.1 | 1,425.3 | — | |
| + Proceeds from Borrowings | 22,459.1 | 36,158.7 | 39,834.2 | — | |
| + Repayment of Borrowings | 37,879.9 | 43,546.7 | 55,801.3 | — | |
| + Payment of Lease Liabilities | 7,361.5 | 11,994.8 | 13,413.2 | — | |
| + Interest Paid | 9,363.7 | 11,039.5 | 8,544.8 | — | |
| + Dividends Paid | 12,894.9 | 16,984.7 | 16,980.1 | — | |
| Cash from Financing Activities | -45,650.3 | -47,907.5 | -56,330.7 | — | |
| Net Changes in Cash (pre-FX) | -3,654.4 | -61.0 | -1,287.3 | — | |
| + Effect of FX Rate Changes on Cash | 63.4 | 120.4 | 256.5 | — | |
| Net Changes in Cash | -3,591.0 | 59.3 | -1,030.7 | — | |
| Closing Cash | -2,365.7 | -2,297.6 | -3,319.1 | — | |
| Reference Items | |||||
| EBITDA | 1,02,835.5 | 88,860.7 | 1,03,119.8 | 92,697.9 | |
| EBITDA Margin % | 15.99 | 13.40 | 15.57 | 13.16 | |
| Free Cash Flow (CFO − Capex) | 61,347.1 | 49,837.4 | 71,437.8 | 71,437.8 | |
| Free Cash Flow to Equity | — | 72,598.4 | 51,392.2 | — | |
| Free Cash Flow per Basic Share | 48.76 | 39.62 | 56.79 | 56.79 | |
| Price to Free Cash Flow | — | — | — | 4.17 | |
| Cash Flow to Net Income | 1.74 | 2.37 | 2.26 | — | |
| Cash Paid for Taxes | 14,565.9 | 13,992.4 | 19,282.1 | — | |
| Cash Paid for Interest | 9,363.7 | 11,039.5 | 8,544.8 | — | |