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 | 210.7 | 251.8 | 403.2 | — | |
| + Finance Costs | 321.3 | 329.2 | 482.5 | — | |
| + Interest Income | -6.3 | -18.2 | -25.9 | — | |
| + Share-based Payments | 0.0 | 2.4 | 0.9 | — | |
| + Unrealised FX (Gain) / Loss | 1.8 | 1.0 | 18.9 | — | |
| + Other Non-cash Items | 32.6 | 29.1 | 71.5 | — | |
| + Other — Cash Effects are Investing / Financing | -1.1 | -31.9 | -58.8 | — | |
| Changes in Working Capital | |||||
| + Inventories | 406.9 | -456.2 | -2,038.4 | — | |
| + Trade Receivables — Current | 964.3 | 175.1 | -1,726.0 | — | |
| + Other Financial Assets — Current | -107.0 | -44.9 | 0.0 | — | |
| + Other Current Assets | 0.0 | 0.0 | -5.8 | — | |
| + Trade Payables — Current | -412.4 | 546.4 | 792.0 | — | |
| + Other Current Liabilities | -17.3 | 1.8 | 0.0 | — | |
| + Provisions — Current | -38.5 | -10.4 | 35.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 140.8 | 753.1 | 1,328.5 | 1,430.3 | |
| + Total Adjustments (incl. Working Capital) | 1,354.3 | 774.5 | -2,050.8 | — | |
| Cash from Operations (pre-tax) | 1,495.1 | 1,527.6 | -722.3 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.7 | 0.0 | — | |
| + Income Taxes Paid | 58.4 | 142.3 | 289.5 | — | |
| Cash from Operating Activities | 1,436.8 | 1,386.0 | -1,011.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 411.5 | 368.7 | 867.8 | — | |
| + Disp of Fixed Assets | 0.4 | 0.3 | 1.7 | — | |
| + Acq of Investment Property | 0.0 | 0.0 | 3.3 | — | |
| + Interest Received — Investing | 3.7 | 18.4 | 26.7 | — | |
| + Other Inflows / (Outflows) — Investing | 40.5 | -246.6 | 285.2 | — | |
| Cash from Investing Activities | -366.8 | -596.6 | -557.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 3.0 | 2.7 | 5.4 | — | |
| + Proceeds from Borrowings | 18,919.1 | 13,434.2 | 22,269.8 | — | |
| + Repayment of Borrowings | 19,571.1 | 13,099.8 | 20,821.6 | — | |
| + Payment of Lease Liabilities | 0.0 | 0.0 | 8.9 | — | |
| + Interest Paid | 332.5 | 299.7 | 347.1 | — | |
| + Dividends Paid | 40.7 | 40.7 | 99.4 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -3.0 | 0.0 | — | |
| Cash from Financing Activities | -1,022.2 | -6.4 | 998.3 | — | |
| Net Changes in Cash (pre-FX) | 47.7 | 783.0 | -571.1 | — | |
| Net Changes in Cash | 47.7 | 783.0 | -571.1 | — | |
| Closing Cash | 90.7 | 873.7 | — | — | |
| Reference Items | |||||
| EBITDA | 648.0 | 1,255.8 | 2,152.3 | 2,291.8 | |
| EBITDA Margin % | 5.60 | 9.09 | 9.86 | 9.77 | |
| Free Cash Flow (CFO − Capex) | 1,025.3 | 1,017.4 | -1,879.7 | -1,879.7 | |
| Free Cash Flow to Equity | — | 1,062.4 | 321.1 | — | |
| Free Cash Flow per Basic Share | 9.88 | 9.80 | -18.11 | -18.11 | |
| Cash Flow to Net Income | 14.28 | 2.51 | -1.02 | — | |
| Cash Paid for Taxes | 58.4 | 142.3 | 289.5 | — | |
| Cash Paid for Interest | 332.5 | 299.7 | 347.1 | — | |