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 | 233.9 | 263.5 | 292.6 | — | |
| + Finance Costs | 183.6 | 253.7 | 293.2 | — | |
| + Interest Income | -43.0 | -42.2 | -25.1 | — | |
| + Dividend Income | -0.5 | -0.5 | -1.4 | — | |
| + Fair Value (Gains) / Losses | -40.3 | -4.4 | -45.1 | — | |
| + Unrealised FX (Gain) / Loss | 3.3 | 13.1 | 17.5 | — | |
| + Other Non-cash Items | -46.6 | -45.9 | -32.7 | — | |
| Changes in Working Capital | |||||
| + Inventories | 10.9 | 1,005.0 | -8.3 | — | |
| + Trade Receivables — Current | -1,147.4 | 551.7 | -1,589.6 | — | |
| + Other Current Assets | 0.0 | 0.0 | -3,597.6 | — | |
| + Trade Payables — Current | 197.7 | 115.6 | 29.1 | — | |
| + Other Current Liabilities | 0.0 | 0.0 | 3,691.1 | — | |
| + Provisions — Current | -7.5 | -10.4 | 0.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 303.6 | 327.5 | 611.8 | 639.1 | |
| + Total Adjustments (incl. Working Capital) | -655.9 | 2,099.3 | -975.5 | — | |
| Cash from Operations (pre-tax) | -352.3 | 2,426.8 | -363.8 | — | |
| + Income Taxes Paid | 70.0 | 63.0 | 107.5 | — | |
| Cash from Operating Activities | -422.3 | 2,363.8 | -471.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 482.3 | 827.3 | 1,075.5 | — | |
| + Disp of Fixed Assets | 1.4 | 2.0 | 2.2 | — | |
| + Disp of Other Long-term Assets | 63.0 | 0.0 | 0.0 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.0 | 200.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 96.7 | 0.3 | — | |
| + Loans & Advances Repaid | 5.1 | 5.1 | 0.0 | — | |
| + Government Grants Received | 0.0 | 0.0 | 1.4 | — | |
| + Dividends Received — Investing | 0.0 | 0.5 | 26.1 | — | |
| + Interest Received — Investing | 42.8 | 41.6 | 1.4 | — | |
| + Income Taxes (Paid) / Refund — Investing | -0.5 | 0.0 | 0.0 | — | |
| + Other Inflows / (Outflows) — Investing | -94.9 | 194.3 | -54.7 | — | |
| Cash from Investing Activities | -464.5 | -680.6 | -1,299.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Debentures / Notes / Bonds | 0.0 | 300.0 | 695.0 | — | |
| + Proceeds from Borrowings | 1,604.3 | 300.0 | 1,392.5 | — | |
| + Repayment of Borrowings | 183.7 | 1,139.8 | 758.8 | — | |
| + Payment of Lease Liabilities | 6.5 | 6.5 | 7.0 | — | |
| + Interest Paid | 178.4 | 238.0 | 286.1 | — | |
| + Dividends Paid | 203.8 | 68.4 | 128.1 | — | |
| Cash from Financing Activities | 1,031.9 | -852.7 | 907.6 | — | |
| Net Changes in Cash (pre-FX) | 145.2 | 830.5 | -863.1 | — | |
| Net Changes in Cash | 145.2 | 830.5 | -863.1 | — | |
| Closing Cash | 156.5 | — | — | — | |
| Reference Items | |||||
| EBITDA | 514.6 | 674.8 | 940.8 | 1,003.1 | |
| EBITDA Margin % | 3.03 | 3.98 | 5.09 | 5.37 | |
| Free Cash Flow (CFO − Capex) | -904.6 | 1,536.5 | -1,546.7 | -1,546.7 | |
| Free Cash Flow to Equity | — | 767.2 | -471.3 | — | |
| Free Cash Flow per Basic Share | -16.40 | 27.85 | -28.04 | -28.04 | |
| Cash Flow to Net Income | -1.87 | 9.75 | -1.10 | — | |
| Cash Paid for Taxes | 70.0 | 63.0 | 107.5 | — | |
| Cash Paid for Interest | 178.4 | 238.0 | 286.1 | — | |