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 | 1,256.8 | 1,096.0 | 1,009.9 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 333.1 | 639.6 | — | |
| + Finance Costs | 2,451.3 | 2,055.9 | 1,666.2 | — | |
| + Interest Income | 0.0 | 0.0 | -238.0 | — | |
| + Fair Value (Gains) / Losses | -2.5 | 0.0 | -7.3 | — | |
| + Share-based Payments | 0.0 | 0.0 | 6.1 | — | |
| + Unrealised FX (Gain) / Loss | -1.0 | 4.7 | 0.2 | — | |
| + Other Non-cash Items | -2,119.7 | -3,548.8 | -68.5 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | -2.7 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -38.3 | -28.2 | -89.9 | — | |
| + Trade Receivables — Current | -41.0 | 133.2 | 255.4 | — | |
| + Other Financial Assets — Current | 186.5 | 197.0 | 0.0 | — | |
| + Other Current Assets | -115.3 | 37.9 | 66.9 | — | |
| + Trade Payables — Current | -57.9 | -53.5 | -10.4 | — | |
| + Other Financial Liabilities — Current | 77.8 | -529.6 | 0.0 | — | |
| + Other Current Liabilities | 41.5 | -641.5 | -204.3 | — | |
| + Provisions — Current | 3,633.0 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -2,028.2 | 3,047.3 | -144.9 | -101.3 | |
| + Total Adjustments (incl. Working Capital) | 5,271.1 | -946.4 | 3,025.8 | — | |
| Cash from Operations (pre-tax) | 3,242.9 | 2,100.9 | 2,880.9 | — | |
| + Interest Received — Operating | -53.8 | -122.2 | 0.0 | — | |
| + Other Inflows / (Outflows) — Operating | 18.8 | -8.0 | 0.0 | — | |
| + Income Taxes Paid | 34.0 | 32.8 | 56.6 | — | |
| Cash from Operating Activities | 3,173.9 | 1,937.9 | 2,824.4 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 0.0 | 0.0 | 115.9 | — | |
| + Disp of Fixed Assets | 51.5 | 153.1 | 0.0 | — | |
| + Disp of Investment Property | -32.2 | 0.0 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 263.6 | 199.8 | — | |
| + Disp of Other Long-term Assets | 0.0 | 39.2 | 20.4 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 2.8 | 0.0 | — | |
| + Loans & Advances Made | 425.7 | 0.0 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 300.0 | 0.6 | — | |
| + Interest Received — Investing | 45.1 | 92.2 | 82.8 | — | |
| + Other Inflows / (Outflows) — Investing | 169.3 | 132.4 | 0.0 | — | |
| Cash from Investing Activities | -192.2 | 450.7 | -211.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 240.0 | 0.0 | 0.0 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 494.1 | 49.5 | — | |
| + Proceeds from Borrowings | 0.0 | 2,632.4 | 5,201.9 | — | |
| + Repayment of Borrowings | 1,370.3 | 4,123.6 | 5,888.0 | — | |
| + Interest Paid | 1,449.9 | 1,437.9 | 1,191.2 | — | |
| + Other Inflows / (Outflows) — Financing | -154.0 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | -2,734.2 | -2,435.0 | -1,827.8 | — | |
| Net Changes in Cash (pre-FX) | 247.5 | -46.4 | 784.7 | — | |
| Net Changes in Cash | 247.5 | -46.4 | 784.7 | — | |
| Closing Cash | 486.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,157.3 | 2,108.3 | 2,363.3 | 2,360.7 | |
| EBITDA Margin % | 14.66 | 27.80 | 31.02 | 30.70 | |
| Free Cash Flow (CFO − Capex) | 3,173.9 | 1,937.9 | 2,708.4 | 2,708.4 | |
| Free Cash Flow to Equity | — | -3,112.7 | 1,176.2 | — | |
| Free Cash Flow per Basic Share | 7.67 | 4.69 | 6.55 | 6.55 | |
| Price to Free Cash Flow | — | — | — | 3.33 | |
| Cash Flow to Net Income | -1.53 | 0.66 | -8.38 | — | |
| Cash Paid for Taxes | 34.0 | 32.8 | 56.6 | — | |
| Cash Paid for Interest | 1,449.9 | 1,437.9 | 1,191.2 | — | |