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 | 498.3 | 505.3 | 657.5 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 380.2 | 0.0 | — | |
| + Finance Costs | 557.9 | 537.9 | 514.5 | — | |
| + Interest Income | -6.1 | -7.6 | -8.3 | — | |
| + Share-based Payments | 8.4 | 14.4 | 24.7 | — | |
| + Unrealised FX (Gain) / Loss | 3.7 | -149.4 | 175.1 | — | |
| + Other Non-cash Items | 46.4 | 16.5 | 38.3 | — | |
| + Other — Cash Effects are Investing / Financing | -9.5 | 0.0 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | -8.8 | -17.2 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -745.6 | -36.8 | -59.6 | — | |
| + Other Financial Assets — Current | 0.0 | -585.5 | -944.0 | — | |
| + Other Current Assets | 0.0 | 32.7 | -135.4 | — | |
| + Trade Payables — Current | 240.3 | 29.5 | 21.0 | — | |
| + Other Financial Liabilities — Current | 0.0 | 18.0 | 21.5 | — | |
| + Other Current Liabilities | 0.0 | -6.2 | 374.0 | — | |
| + Provisions — Current | 0.0 | -21.7 | 40.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -586.7 | -410.7 | 334.3 | 137.9 | |
| + Total Adjustments (incl. Working Capital) | 593.9 | 718.5 | 703.0 | — | |
| Cash from Operations (pre-tax) | 7.2 | 307.8 | 1,037.3 | — | |
| + Income Taxes Paid | 39.7 | 12.4 | 13.2 | — | |
| Cash from Operating Activities | -32.5 | 295.4 | 1,024.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 305.2 | 365.5 | 531.9 | — | |
| + Disp of Fixed Assets | 0.5 | 0.0 | 3.2 | — | |
| + Acq of Investment Property | 11.2 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 2.5 | -61.1 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 3.8 | 0.0 | — | |
| + Interest Received — Investing | 0.3 | 0.5 | 0.1 | — | |
| + Other Inflows / (Outflows) — Investing | -1.2 | 3.0 | 0.0 | — | |
| Cash from Investing Activities | -316.8 | -355.7 | -589.6 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 1.6 | 0.0 | 389.3 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.7 | 69.3 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 910.9 | 0.0 | — | |
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 46.9 | 177.5 | — | |
| + Proceeds from Borrowings | 1,024.9 | 146.7 | 579.5 | — | |
| + Repayment of Borrowings | 94.3 | 193.2 | 183.3 | — | |
| + Payment of Lease Liabilities | 0.0 | 224.9 | 189.5 | — | |
| + Payment of Finance Lease Liabilities | 189.9 | — | — | — | |
| + Interest Paid | 407.7 | 15.8 | 444.7 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -444.9 | 0.0 | — | |
| Cash from Financing Activities | 334.6 | 132.6 | 43.1 | — | |
| Net Changes in Cash (pre-FX) | -14.7 | 72.3 | 477.6 | — | |
| + Effect of FX Rate Changes on Cash | 0.0 | 3.3 | -3.4 | — | |
| Net Changes in Cash | -14.7 | 75.6 | 474.2 | — | |
| Closing Cash | 138.5 | — | — | — | |
| Reference Items | |||||
| EBITDA | 232.1 | 786.0 | 1,423.3 | 1,438.5 | |
| EBITDA Margin % | 5.91 | 21.84 | 30.44 | 29.24 | |
| Free Cash Flow (CFO − Capex) | -337.7 | -70.1 | 492.2 | 492.2 | |
| Free Cash Flow to Equity | — | 76.9 | 895.3 | — | |
| Free Cash Flow per Basic Share | -4.35 | -0.90 | 6.34 | 6.34 | |
| Price to Free Cash Flow | — | — | — | 49.35 | |
| Cash Flow to Net Income | 0.07 | -0.64 | 3.40 | — | |
| Cash Paid for Taxes | 39.7 | 12.4 | 13.2 | — | |
| Cash Paid for Interest | 407.7 | 15.8 | 444.7 | — | |