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 | 20.4 | 18.0 | 20.8 | — | |
| + Impairment Loss / (Reversal) | -1.7 | 4.9 | 5.2 | — | |
| + Finance Costs | 504.6 | 51.3 | 132.9 | — | |
| + Interest Income | -3.3 | -56.9 | -7.8 | — | |
| + Fair Value (Gains) / Losses | -0.3 | 0.9 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -25.1 | -45.8 | -187.1 | — | |
| + Other Non-cash Items | -27.0 | -42.9 | -6.3 | — | |
| + Other — Cash Effects are Investing / Financing | 0.7 | 0.8 | 0.5 | — | |
| Changes in Working Capital | |||||
| + Inventories | 157.8 | -1,016.3 | -564.9 | — | |
| + Trade Receivables — Current | 249.4 | -168.1 | -285.1 | — | |
| + Trade Receivables — Non-current | -111.7 | 170.0 | 283.2 | — | |
| + Other Financial Assets — Current | -0.5 | -11.0 | -25.6 | — | |
| + Other Financial Assets — Non-current | 58.1 | -28.6 | -2.1 | — | |
| + Other Current Assets | -8.2 | -12.4 | -200.5 | — | |
| + Other Non-current Assets | 2.7 | -0.5 | 2.0 | — | |
| + Trade Payables — Current | -5.1 | -0.6 | 0.8 | — | |
| + Other Financial Liabilities — Current | -58.6 | -8.6 | 10.9 | — | |
| + Other Financial Liabilities — Non-current | -33.1 | 19.4 | 15.0 | — | |
| + Other Current Liabilities | -21.6 | 8.4 | 12.5 | — | |
| + Provisions — Current | -0.5 | -0.1 | 0.3 | — | |
| + Provisions — Non-current | -1.2 | 0.4 | 0.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -631.8 | 452.6 | 713.5 | 774.7 | |
| + Total Adjustments (incl. Working Capital) | 695.6 | -1,117.9 | -795.1 | — | |
| Cash from Operations (pre-tax) | 63.9 | -665.3 | -81.6 | — | |
| + Income Taxes Paid | 0.0 | -32.6 | -4.1 | — | |
| Cash from Operating Activities | 63.9 | -632.7 | -77.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 0.1 | 0.6 | 3.3 | — | |
| + Disp of Fixed Assets | 2.1 | 0.1 | 3.8 | — | |
| + Disp of Other Long-term Assets | 0.0 | -0.5 | -0.2 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 2.7 | 0.0 | — | |
| + Loans & Advances Repaid | 4.3 | 0.1 | 0.1 | — | |
| + Dividends Received — Investing | 0.0 | 0.0 | 2.6 | — | |
| + Interest Received — Investing | 0.7 | 0.6 | 0.0 | — | |
| Cash from Investing Activities | 7.1 | 2.5 | 3.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 665.5 | 1,259.3 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 509.2 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 79.1 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 0.4 | 0.0 | 0.0 | — | |
| + Repayment of Borrowings | 0.0 | 495.5 | 992.3 | — | |
| + Interest Paid | 29.4 | 42.8 | 121.9 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 51.4 | 1.5 | — | |
| Cash from Financing Activities | -108.1 | 687.7 | 146.7 | — | |
| Net Changes in Cash (pre-FX) | -37.2 | 57.5 | 72.2 | — | |
| Net Changes in Cash | -37.2 | 57.5 | 72.2 | — | |
| Closing Cash | 4.7 | — | — | — | |
| Reference Items | |||||
| EBITDA | -171.3 | 394.5 | 671.1 | 785.4 | |
| EBITDA Margin % | -28.30 | 17.58 | 20.02 | 22.41 | |
| Free Cash Flow (CFO − Capex) | 63.7 | -633.3 | -80.8 | -80.8 | |
| Free Cash Flow to Equity | — | -2,698.6 | -1,194.8 | — | |
| Free Cash Flow per Basic Share | 0.07 | -0.73 | -0.09 | -0.09 | |
| Cash Flow to Net Income | -0.10 | -1.10 | -0.11 | — | |
| Cash Paid for Taxes | 0.0 | -32.6 | -4.1 | — | |
| Cash Paid for Interest | 29.4 | 42.8 | 121.9 | — | |