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 | 17.3 | 16.0 | 13.9 | — | |
| + Impairment Loss / (Reversal) | 8.0 | 7.4 | 0.4 | — | |
| + Finance Costs | 113.5 | 94.3 | 74.1 | — | |
| + Interest Income | -8.8 | -8.3 | -7.9 | — | |
| + Fair Value (Gains) / Losses | -563.9 | -163.9 | 172.3 | — | |
| + Share-based Payments | 3.0 | -2.5 | 9.2 | — | |
| + Unrealised FX (Gain) / Loss | -0.0 | -0.1 | -0.2 | — | |
| + Undistributed Profits of Associates | 0.0 | 0.0 | 1.5 | — | |
| + Other Non-cash Items | -2.0 | -0.9 | 0.0 | — | |
| + Other — Cash Effects are Investing / Financing | -2.7 | -2.6 | -1.5 | — | |
| Changes in Working Capital | |||||
| + Inventories | 153.0 | 94.7 | -178.9 | — | |
| + Trade Receivables — Current | -3.9 | -7.2 | -16.0 | — | |
| + Other Financial Assets — Current | 50.3 | 57.6 | 15.4 | — | |
| + Other Current Assets | -97.2 | 19.6 | -112.4 | — | |
| + Trade Payables — Current | -112.7 | 82.4 | 136.9 | — | |
| + Other Financial Liabilities — Current | -38.5 | 5.9 | -1.6 | — | |
| + Other Current Liabilities | 5.7 | 0.1 | 6.4 | — | |
| + Provisions — Current | 7.8 | 1.1 | 0.1 | — | |
| + Provisions — Non-current | 0.0 | 0.0 | -3.6 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 452.5 | 151.9 | -162.6 | -735.6 | |
| + Total Adjustments (incl. Working Capital) | -471.0 | 193.6 | 105.0 | — | |
| Cash from Operations (pre-tax) | -18.5 | 345.5 | -57.7 | — | |
| + Income Taxes Paid | 18.3 | 39.1 | -2.1 | — | |
| Cash from Operating Activities | -36.8 | 306.4 | -55.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 2.3 | 2.1 | 2.4 | — | |
| + Acq of Intangible Assets | 2.5 | 0.0 | 5.7 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 0.0 | — | |
| + Acq of Intangibles under Development | 0.0 | 7.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.1 | 0.0 | 8.3 | — | |
| + Interest Received — Investing | 7.8 | 5.8 | 7.4 | — | |
| + Other Inflows / (Outflows) — Investing | -29.0 | 33.2 | 2.2 | — | |
| Cash from Investing Activities | -26.1 | 29.9 | -6.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 154.6 | 0.0 | 153.8 | — | |
| + Repayment of Borrowings | 0.0 | 305.6 | 0.0 | — | |
| + Payment of Lease Liabilities | 7.6 | 7.6 | 8.0 | — | |
| + Interest Paid | 87.6 | 59.3 | 40.8 | — | |
| + Other Inflows / (Outflows) — Financing | 37.6 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | 97.0 | -372.5 | 104.9 | — | |
| Net Changes in Cash (pre-FX) | 34.1 | -36.2 | 42.6 | — | |
| Net Changes in Cash | 34.1 | -36.2 | 42.6 | — | |
| Closing Cash | 66.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 51.3 | 252.4 | -82.7 | -654.0 | |
| EBITDA Margin % | 0.91 | 3.68 | -1.10 | -8.50 | |
| Free Cash Flow (CFO − Capex) | -41.6 | 304.3 | -63.6 | -63.6 | |
| Free Cash Flow per Basic Share | -0.30 | 2.20 | -0.46 | -0.46 | |
| Cash Flow to Net Income | -0.09 | 3.80 | 0.33 | — | |
| Cash Paid for Taxes | 18.3 | 39.1 | -2.1 | — | |
| Cash Paid for Interest | 87.6 | 59.3 | 40.8 | — | |