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 | 51.2 | 55.9 | 66.5 | — | |
| + Impairment Loss / (Reversal) | 171.1 | 288.9 | -198.8 | — | |
| + Finance Costs | 4,253.9 | 4,541.2 | 4,988.0 | — | |
| + Fair Value (Gains) / Losses | -16.1 | -13.4 | 1.4 | — | |
| + Share-based Payments | 14.5 | 17.7 | 21.9 | — | |
| + Other Non-cash Items | 144.9 | 89.4 | -55.0 | — | |
| + Other — Cash Effects are Investing / Financing | 39.0 | 6.1 | 8.8 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -38.8 | 1.3 | 3.1 | — | |
| + Other Financial Assets — Current | 0.0 | 0.0 | -1.8 | — | |
| + Other Financial Assets — Non-current | 6.5 | 11.9 | 0.0 | — | |
| + Other Current Assets | -6,392.4 | -10,530.5 | -11,590.0 | — | |
| + Other Non-current Assets | 2.3 | -11.8 | 13.1 | — | |
| + Other Bank Balances | -346.4 | -975.0 | 583.6 | — | |
| + Trade Payables — Current | -10.5 | -2.2 | -3.0 | — | |
| + Other Financial Liabilities — Current | 75.5 | 808.6 | -80.4 | — | |
| + Other Current Liabilities | -33.4 | 39.8 | -68.0 | — | |
| + Provisions — Current | 1.9 | 1.7 | 14.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,953.9 | 2,485.8 | 2,970.6 | 3,001.1 | |
| + Total Adjustments (incl. Working Capital) | -2,076.6 | -5,670.5 | -6,296.3 | — | |
| Cash from Operations (pre-tax) | -122.7 | -3,184.7 | -3,325.6 | — | |
| + Interest Paid — Operating | 4,181.1 | 4,478.2 | 5,089.8 | — | |
| + Income Taxes Paid | 357.7 | 394.4 | 568.1 | — | |
| Cash from Operating Activities | -4,661.5 | -8,057.3 | -8,983.6 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 39.3 | 49.1 | 33.1 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 0.8 | — | |
| + Acq of Investment Property | 1,147.1 | -805.6 | -716.6 | — | |
| + Disp of Investment Property | 0.3 | 0.6 | 0.0 | — | |
| Cash from Investing Activities | -1,186.1 | 757.1 | 684.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 2,468.4 | 0.0 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 7.0 | 28.4 | — | |
| + Proceeds from Debentures / Notes / Bonds | 1,451.0 | 2,230.0 | 2,325.0 | — | |
| + Proceeds from Borrowings | 32,485.2 | 50,712.2 | 50,278.9 | — | |
| + Repayment of Borrowings | 32,192.7 | 45,507.8 | 43,736.0 | — | |
| + Payment of Lease Liabilities | 33.3 | 37.6 | 46.3 | — | |
| + Dividends Paid | 0.0 | 0.0 | 130.2 | — | |
| Cash from Financing Activities | 4,178.6 | 7,403.9 | 8,719.8 | — | |
| Net Changes in Cash (pre-FX) | -1,669.0 | 103.6 | 420.6 | — | |
| Net Changes in Cash | -1,669.0 | 103.6 | 420.6 | — | |
| Closing Cash | 1,958.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 6,259.2 | 7,066.8 | 8,036.8 | 8,177.1 | |
| EBITDA Margin % | 88.78 | 92.19 | 94.50 | 94.08 | |
| Free Cash Flow (CFO − Capex) | -4,700.8 | -8,106.4 | -9,016.6 | -9,016.6 | |
| Free Cash Flow per Basic Share | -180.42 | -311.13 | -346.06 | -346.06 | |
| Cash Flow to Net Income | -3.09 | -4.16 | -3.92 | — | |
| Cash Paid for Taxes | 357.7 | 394.4 | 568.1 | — | |