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 | 50,832.0 | 53,136.0 | 57,688.0 | — | |
| + Finance Costs | 23,118.0 | 24,269.0 | 27,061.0 | — | |
| + Interest Income | -10,745.0 | -12,410.0 | -13,302.0 | — | |
| + Dividend Income | -89.0 | -504.0 | -9,100.0 | — | |
| + Unrealised FX (Gain) / Loss | -1,330.0 | -2,182.0 | 6,518.0 | — | |
| + Other — Cash Effects are Investing / Financing | -1,743.0 | -1,422.0 | -2,803.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -12,756.0 | 3,134.0 | -20,790.0 | — | |
| + Trade Receivables — Current | -15,674.0 | -17,837.0 | -53,322.0 | — | |
| + Trade Payables — Current | 34,796.0 | 38,427.0 | 86,609.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,04,727.0 | 1,06,017.0 | 1,23,162.0 | 1,16,646.0 | |
| + Total Adjustments (incl. Working Capital) | 66,409.0 | 84,611.0 | 78,559.0 | — | |
| Cash from Operations (pre-tax) | 1,70,749.0 | 1,90,628.0 | 2,01,721.0 | — | |
| + Income Taxes Paid | 11,961.0 | 11,925.0 | 9,608.0 | — | |
| Cash from Operating Activities | 1,58,788.0 | 1,78,703.0 | 1,92,113.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,52,883.0 | 1,39,967.0 | 1,22,916.0 | — | |
| + Disp of Fixed Assets | 15,307.0 | 2,343.0 | 826.0 | — | |
| + Purchase of Investments (Equity / Debt) | 5,14,380.0 | 6,84,340.0 | 9,88,777.0 | — | |
| + Sale of Investments (Equity / Debt) | 5,31,355.0 | 6,72,558.0 | 9,91,876.0 | — | |
| + Dividends Received — Investing | 75.0 | 612.0 | 9,100.0 | — | |
| + Interest Received — Investing | 10,648.0 | 15,833.0 | 13,538.0 | — | |
| + Other Inflows / (Outflows) — Investing | -4,423.0 | -4,574.0 | -4,736.0 | — | |
| Cash from Investing Activities | -1,14,301.0 | -1,37,535.0 | -1,01,089.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 7.0 | 22.0 | 0.0 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 20,915.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 44,317.0 | 51,002.0 | 38,871.0 | — | |
| + Repayment of Borrowings | 35,055.0 | 31,755.0 | 36,052.0 | — | |
| + Payment of Lease Liabilities | 2,483.0 | 2,956.0 | 6,508.0 | — | |
| + Interest Paid | 37,173.0 | 41,024.0 | 39,981.0 | — | |
| + Dividends Paid | 6,089.0 | 7,180.0 | 7,879.0 | — | |
| + Other Inflows / (Outflows) — Financing | -1,085.0 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | -16,646.0 | -31,891.0 | -51,549.0 | — | |
| Net Changes in Cash (pre-FX) | 27,841.0 | 9,277.0 | 39,475.0 | — | |
| + Effect of FX Rate Changes on Cash | -1,330.0 | -2,182.0 | 6,518.0 | — | |
| Net Changes in Cash | 28,561.0 | 9,277.0 | 39,475.0 | — | |
| Closing Cash | 97,225.0 | 1,06,502.0 | 1,45,977.0 | — | |
| Reference Items | |||||
| EBITDA | 1,62,233.0 | 1,65,444.0 | 1,78,949.0 | 1,83,561.0 | |
| EBITDA Margin % | 17.74 | 16.88 | 16.64 | 16.12 | |
| Free Cash Flow (CFO − Capex) | 5,905.0 | 38,736.0 | 69,197.0 | 69,197.0 | |
| Free Cash Flow to Equity | — | 20,620.0 | 56,107.0 | — | |
| Free Cash Flow per Basic Share | 4.36 | 28.63 | 51.14 | 51.14 | |
| Price to Free Cash Flow | — | — | — | 24.81 | |
| Cash Flow to Net Income | 2.01 | 2.20 | 2.01 | — | |
| Cash Paid for Taxes | 11,961.0 | 11,925.0 | 9,608.0 | — | |
| Cash Paid for Interest | 37,173.0 | 41,024.0 | 39,981.0 | — | |