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 | 283.7 | 163.4 | 151.8 | — | |
| + Finance Costs | 375.8 | 115.6 | 83.6 | — | |
| + Interest Income | -103.7 | -76.5 | 0.0 | — | |
| + Dividend Income | -0.3 | -0.1 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -88.0 | -69.4 | -22.5 | — | |
| + Share-based Payments | 16.8 | 11.9 | 3.5 | — | |
| + Undistributed Profits of Associates | 993.2 | 7,393.7 | 0.0 | — | |
| + Other Non-cash Items | -60.5 | 0.3 | 201.4 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | -14.2 | — | |
| + Other Reconciling Items | 1,036.4 | 7,663.4 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -767.0 | -221.4 | -56.3 | — | |
| + Trade Receivables — Current | -776.8 | -705.4 | -170.8 | — | |
| + Other Non-current Assets | 0.0 | 0.7 | 0.0 | — | |
| + Trade Payables — Current | 0.0 | 646.5 | 100.3 | — | |
| + Other Financial Liabilities — Current | 0.0 | -1.0 | 0.0 | — | |
| + Other Current Liabilities | 814.5 | 0.0 | 0.0 | — | |
| + Provisions — Current | 0.0 | 0.0 | -7.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 872.5 | 123.4 | -102.2 | -90.9 | |
| + Total Adjustments (incl. Working Capital) | -262.2 | 165.4 | 269.2 | — | |
| Cash from Operations (pre-tax) | 610.3 | 288.8 | 167.0 | — | |
| + Interest Received — Operating | 0.0 | 0.0 | -50.6 | — | |
| + Dividends Received — Operating | 0.0 | 0.0 | -0.2 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 61.5 | 0.0 | — | |
| + Income Taxes Paid | 77.0 | 117.1 | 74.4 | — | |
| Cash from Operating Activities | 533.3 | 233.1 | 41.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 207.6 | 157.9 | 113.8 | — | |
| + Disp of Fixed Assets | 11.6 | 16.1 | 1.1 | — | |
| + Acq of Other Long-term Assets | 4.7 | 9.5 | 355.9 | — | |
| + Disp of Other Long-term Assets | 43.8 | 0.0 | 15.3 | — | |
| + Acq of Subsidiaries / Businesses (net) | 701.2 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 0.3 | 0.1 | 0.2 | — | |
| + Interest Received — Investing | 101.6 | 75.2 | 48.9 | — | |
| + Other Inflows / (Outflows) — Investing | -285.4 | -155.7 | 223.8 | — | |
| Cash from Investing Activities | -1,041.6 | -231.7 | -180.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 1,909.9 | 173.3 | 780.1 | — | |
| + Repayment of Borrowings | 953.4 | 154.1 | 453.5 | — | |
| + Payment of Lease Liabilities | 96.7 | 4.3 | 13.4 | — | |
| + Payment of Finance Lease Liabilities | 51.1 | — | — | — | |
| + Interest Paid | 286.3 | 110.5 | 82.9 | — | |
| + Dividends Paid | 20.1 | 65.9 | 0.4 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 57.8 | 0.0 | — | |
| Cash from Financing Activities | 502.3 | -103.8 | 229.9 | — | |
| Net Changes in Cash (pre-FX) | -6.1 | -102.4 | 91.4 | — | |
| Net Changes in Cash | -6.1 | -102.4 | 91.4 | — | |
| Closing Cash | 165.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,309.1 | 176.4 | 234.9 | 256.0 | |
| EBITDA Margin % | 14.51 | 9.06 | 10.62 | 11.16 | |
| Free Cash Flow (CFO − Capex) | 325.6 | 75.3 | -72.1 | -72.1 | |
| Free Cash Flow to Equity | — | -2,720.5 | 103.2 | — | |
| Free Cash Flow per Basic Share | 48.93 | 11.31 | -10.83 | -10.83 | |
| Cash Flow to Net Income | 0.26 | 0.03 | 0.01 | — | |
| Cash Paid for Taxes | 77.0 | 117.1 | 74.4 | — | |
| Cash Paid for Interest | 286.3 | 110.5 | 82.9 | — | |