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 | 1,219.3 | 1,279.8 | 1,270.4 | — | |
| + Finance Costs | 791.3 | 809.4 | 732.8 | — | |
| + Interest Income | -38.5 | -43.7 | -52.4 | — | |
| + Share-based Payments | 5.5 | 3.5 | 1.4 | — | |
| + Unrealised FX (Gain) / Loss | -1.2 | -0.5 | -0.2 | — | |
| + Other Non-cash Items | -66.6 | -3.5 | -43.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -6.2 | -7.7 | -6.6 | — | |
| + Trade Receivables — Current | -85.8 | -26.8 | -46.6 | — | |
| + Other Current Assets | 9.8 | 51.2 | 39.8 | — | |
| + Trade Payables — Current | 170.9 | 321.2 | 23.7 | — | |
| + Provisions — Current | 0.3 | 1.9 | 13.5 | — | |
| + Provisions — Non-current | -8.5 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -43.9 | -374.3 | 226.9 | 358.2 | |
| + Total Adjustments (incl. Working Capital) | 1,990.3 | 2,385.1 | 1,933.3 | — | |
| Cash from Operations (pre-tax) | 1,946.4 | 2,010.8 | 2,160.2 | — | |
| + Income Taxes Paid | -32.6 | 44.0 | -0.1 | — | |
| Cash from Operating Activities | 1,979.0 | 1,966.8 | 2,160.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 634.4 | 333.5 | 258.7 | — | |
| + Disp of Fixed Assets | 7.5 | 9.2 | 4.5 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 1.5 | 1.7 | — | |
| + Disp of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 222.1 | — | |
| + Interest Received — Investing | 1.7 | 7.3 | 13.2 | — | |
| + Other Inflows / (Outflows) — Investing | -1.4 | 15.9 | -8.8 | — | |
| Cash from Investing Activities | -626.6 | -302.6 | -29.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 18.8 | 3.2 | 0.0 | — | |
| + Proceeds from Borrowings | 1,404.5 | 941.6 | 339.8 | — | |
| + Repayment of Borrowings | 1,477.7 | 1,169.7 | 1,071.8 | — | |
| + Payment of Lease Liabilities | 1,058.9 | 1,126.0 | 1,184.7 | — | |
| + Interest Paid | 179.2 | 183.8 | 145.6 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -2.8 | — | |
| Cash from Financing Activities | -1,292.5 | -1,534.7 | -2,065.1 | — | |
| Net Changes in Cash (pre-FX) | 59.9 | 129.5 | 65.8 | — | |
| Net Changes in Cash | 59.9 | 129.5 | 65.8 | — | |
| Closing Cash | 393.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,810.1 | 1,541.6 | 2,095.4 | 2,214.3 | |
| EBITDA Margin % | 29.64 | 26.67 | 31.53 | 32.22 | |
| Free Cash Flow (CFO − Capex) | 1,344.6 | 1,633.3 | 1,901.6 | 1,901.6 | |
| Free Cash Flow to Equity | — | 1,222.6 | 1,023.8 | — | |
| Free Cash Flow per Basic Share | 136.92 | 166.32 | 193.65 | 193.65 | |
| Price to Free Cash Flow | — | — | — | 6.30 | |
| Cash Flow to Net Income | -60.52 | -7.00 | 6.49 | — | |
| Cash Paid for Taxes | -32.6 | 44.0 | -0.1 | — | |
| Cash Paid for Interest | 179.2 | 183.8 | 145.6 | — | |