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 | 6.5 | 6.6 | 7.4 | — | |
| + Impairment Loss / (Reversal) | 87.6 | -11.1 | -151.0 | — | |
| + Finance Costs | 411.1 | 321.1 | 224.5 | — | |
| + Fair Value (Gains) / Losses | -11.2 | -8.2 | -29.5 | — | |
| + Other Reconciling Items | 0.0 | 0.5 | 1.4 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | 5.6 | 0.5 | -0.3 | — | |
| + Other Financial Assets — Current | 0.0 | 0.5 | 0.3 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -1.5 | — | |
| + Other Current Assets | -1.0 | -0.7 | 0.0 | — | |
| + Other Non-current Assets | 1,925.2 | 611.8 | 1,334.8 | — | |
| + Other Bank Balances | -0.9 | 0.0 | 0.0 | — | |
| + Trade Payables — Current | 0.3 | 3.7 | -4.5 | — | |
| + Other Financial Liabilities — Current | -0.9 | 3.3 | 0.8 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 0.0 | -0.2 | — | |
| + Other Non-current Liabilities | -0.2 | 0.0 | 0.0 | — | |
| + Provisions — Current | 0.0 | 0.2 | 1.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 216.0 | 278.5 | 389.7 | 297.6 | |
| + Total Adjustments (incl. Working Capital) | 2,422.0 | 928.1 | 1,383.7 | — | |
| Cash from Operations (pre-tax) | 2,637.9 | 1,206.6 | 1,773.4 | — | |
| + Income Taxes Paid | 75.0 | 67.4 | -6.7 | — | |
| Cash from Operating Activities | 2,563.0 | 1,139.2 | 1,780.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 0.6 | 2.9 | 0.3 | — | |
| + Acq of Intangible Assets | 0.1 | 1.2 | 0.0 | — | |
| + Disp of Fixed Assets | 0.1 | 0.1 | 0.0 | — | |
| + Acq of Intangibles under Development | 0.0 | -0.1 | 0.0 | — | |
| + Acq of Other Long-term Assets | 711.7 | -923.1 | 631.1 | — | |
| + Disp of Other Long-term Assets | 23.3 | 17.5 | 21.6 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -161.1 | -555.2 | — | |
| Cash from Investing Activities | -689.1 | 775.7 | -1,165.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 818.0 | 100.0 | 150.0 | — | |
| + Repayment of Borrowings | 2,008.2 | 1,157.1 | 1,235.1 | — | |
| + Payment of Lease Liabilities | 5.7 | 6.0 | 6.3 | — | |
| + Interest Paid | 408.6 | 320.2 | 224.9 | — | |
| + Dividends Paid | 64.2 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | -1,668.8 | -1,383.2 | -1,316.3 | — | |
| Net Changes in Cash (pre-FX) | 205.2 | 531.7 | -701.2 | — | |
| Net Changes in Cash | 205.2 | 531.7 | -701.2 | — | |
| Closing Cash | 230.8 | — | — | — | |
| Reference Items | |||||
| EBITDA | 617.0 | 601.5 | 620.4 | 501.7 | |
| EBITDA Margin % | 81.10 | 94.97 | 120.56 | 105.40 | |
| Free Cash Flow (CFO − Capex) | 2,562.3 | 1,135.2 | 1,779.8 | 1,779.8 | |
| Free Cash Flow per Basic Share | 39.89 | 17.67 | 27.71 | 27.71 | |
| Price to Free Cash Flow | — | — | — | 1.00 | |
| Cash Flow to Net Income | 15.94 | 5.25 | 5.57 | — | |
| Cash Paid for Taxes | 75.0 | 67.4 | -6.7 | — | |
| Cash Paid for Interest | 408.6 | 320.2 | 224.9 | — | |