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 | 54.3 | 36.7 | 34.5 | — | |
| + Finance Costs | 130.3 | 195.3 | 255.1 | — | |
| + Interest Income | -14.3 | -28.6 | -43.7 | — | |
| + Other Non-cash Items | 15.1 | 0.8 | 6.6 | — | |
| + Other — Cash Effects are Investing / Financing | 4.9 | -9.8 | -11.4 | — | |
| + Other Reconciling Items | 0.0 | -17.6 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 320.1 | 171.7 | -275.4 | — | |
| + Trade Receivables — Current | 20.3 | 36.8 | 39.4 | — | |
| + Other Financial Assets — Current | -23.8 | -108.1 | -144.5 | — | |
| + Other Financial Assets — Non-current | 6.4 | -2.0 | 67.0 | — | |
| + Other Current Assets | -27.0 | -38.3 | -324.6 | — | |
| + Other Non-current Assets | -22.8 | 2.7 | 1.7 | — | |
| + Trade Payables — Current | -55.8 | -47.4 | 63.1 | — | |
| + Trade Payables — Non-current | -102.0 | 177.2 | -21.9 | — | |
| + Other Financial Liabilities — Current | 101.7 | 63.4 | 19.7 | — | |
| + Other Financial Liabilities — Non-current | 391.1 | -255.7 | -115.7 | — | |
| + Other Current Liabilities | 696.6 | 1,632.9 | 1,608.0 | — | |
| + Other Non-current Liabilities | 6.7 | 6.0 | 0.6 | — | |
| + Provisions — Current | -1.1 | -0.3 | 2.4 | — | |
| + Provisions — Non-current | 2.0 | 5.5 | 2.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -507.3 | -763.8 | -899.1 | -665.9 | |
| + Total Adjustments (incl. Working Capital) | 1,502.9 | 1,821.1 | 1,163.3 | — | |
| Cash from Operations (pre-tax) | 995.6 | 1,057.3 | 264.2 | — | |
| + Income Taxes Paid | 8.9 | 50.7 | 52.2 | — | |
| Cash from Operating Activities | 986.8 | 1,006.7 | 212.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 16.8 | 24.1 | 29.6 | — | |
| + Acq of Intangible Assets | 0.0 | 0.0 | 0.0 | — | |
| + Disp of Fixed Assets | 14.6 | 16.0 | 3.5 | — | |
| + Acq of Investment Property | 33.6 | 11.6 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | 21.7 | — | |
| + Loans & Advances Made | 0.0 | 18.3 | -18.3 | — | |
| + Interest Received — Investing | 15.6 | 29.2 | 43.1 | — | |
| + Other Inflows / (Outflows) — Investing | -43.8 | -117.0 | 2.6 | — | |
| Cash from Investing Activities | -64.0 | -125.7 | 59.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 618.8 | 331.9 | 1,153.8 | — | |
| + Repayment of Borrowings | 926.6 | 358.2 | 490.5 | — | |
| + Payment of Lease Liabilities | 64.8 | 60.0 | 35.2 | — | |
| + Interest Paid | 551.3 | 684.0 | 710.3 | — | |
| + Dividends Paid | 0.3 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | -924.1 | -770.4 | -82.2 | — | |
| Net Changes in Cash (pre-FX) | -1.4 | 110.6 | 189.5 | — | |
| Net Changes in Cash | -1.4 | 110.6 | 189.5 | — | |
| Closing Cash | 190.4 | — | — | — | |
| Reference Items | |||||
| EBITDA | -343.3 | -607.7 | -695.8 | -518.9 | |
| EBITDA Margin % | -21.26 | -38.93 | -55.52 | -37.67 | |
| Free Cash Flow (CFO − Capex) | 969.9 | 982.6 | 182.4 | 182.4 | |
| Free Cash Flow to Equity | — | 313.4 | 153.8 | — | |
| Free Cash Flow per Basic Share | 53.03 | 53.72 | 9.97 | 9.97 | |
| Price to Free Cash Flow | — | — | — | 12.25 | |
| Cash Flow to Net Income | -2.43 | -1.47 | -0.30 | — | |
| Cash Paid for Taxes | 8.9 | 50.7 | 52.2 | — | |
| Cash Paid for Interest | 551.3 | 684.0 | 710.3 | — | |