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 | 3,810.5 | 4,493.4 | 5,133.9 | — | |
| + Finance Costs | 1,811.2 | 1,882.4 | 1,624.4 | — | |
| + Interest Income | -148.3 | -230.5 | -166.7 | — | |
| + Dividend Income | -1.3 | -1.6 | -1.7 | — | |
| + Fair Value (Gains) / Losses | -0.7 | -178.3 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -160.8 | -467.4 | 346.0 | — | |
| + Other Non-cash Items | 11.5 | 94.2 | 68.3 | — | |
| + Other — Cash Effects are Investing / Financing | 1.0 | -141.8 | -12.9 | — | |
| Changes in Working Capital | |||||
| + Inventories | 172.9 | -163.9 | -1,695.3 | — | |
| + Trade Receivables — Current | 0.0 | -1,623.9 | -1,224.7 | — | |
| + Trade Receivables — Non-current | -452.1 | 0.0 | 0.0 | — | |
| + Other Financial Assets — Current | -1,540.8 | -35.3 | -1,991.9 | — | |
| + Other Financial Assets — Non-current | 814.2 | 0.0 | 0.0 | — | |
| + Other Current Assets | 0.0 | -679.5 | -1,610.1 | — | |
| + Trade Payables — Current | 938.4 | 202.5 | 6,074.9 | — | |
| + Other Financial Liabilities — Current | 0.0 | 221.7 | 1,389.1 | — | |
| + Provisions — Current | 145.9 | 0.0 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 3,602.6 | 4,733.8 | 5,041.7 | 5,654.7 | |
| + Total Adjustments (incl. Working Capital) | 5,401.6 | 3,372.2 | 7,933.1 | — | |
| Cash from Operations (pre-tax) | 9,004.3 | 8,106.0 | 12,974.7 | — | |
| + Income Taxes Paid | 1,435.3 | 1,819.8 | 1,690.7 | — | |
| Cash from Operating Activities | 7,568.9 | 6,286.2 | 11,284.0 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 4,125.4 | 4,561.0 | 6,053.6 | — | |
| + Disp of Fixed Assets | 115.4 | 128.1 | 143.0 | — | |
| + Acq of Investment Property | 0.0 | 186.9 | 0.0 | — | |
| + Disp of Investment Property | -195.8 | 0.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | -85.7 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 243.1 | — | |
| + Acq of Subsidiaries / Businesses (net) | 2,723.2 | 551.6 | 275.0 | — | |
| + Loans & Advances Made | 0.0 | 10.9 | 0.0 | — | |
| + Loans & Advances Repaid | 12.1 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 171.6 | 171.1 | 204.6 | — | |
| + Interest Received — Investing | 169.3 | 231.9 | 164.7 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -82.2 | -64.2 | — | |
| Cash from Investing Activities | -6,661.8 | -4,861.6 | -6,123.5 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 6,376.2 | 0.0 | — | |
| + Buyback / Redemption of Own Shares | 0.0 | 0.0 | 278.9 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 9.9 | 109.1 | — | |
| + Payments — Change in Ownership of Subsidiaries | -23.6 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 11,711.9 | 5,900.8 | 7,425.7 | — | |
| + Repayment of Borrowings | 7,674.2 | 11,557.6 | 7,300.0 | — | |
| + Payment of Lease Liabilities | 595.8 | 702.6 | 985.5 | — | |
| + Interest Paid | 1,509.6 | 1,831.1 | 1,538.9 | — | |
| + Dividends Paid | 675.1 | 746.3 | 706.4 | — | |
| Cash from Financing Activities | 1,280.7 | -2,550.7 | -3,274.8 | — | |
| Net Changes in Cash (pre-FX) | 2,187.9 | -1,126.1 | 1,885.6 | — | |
| + Effect of FX Rate Changes on Cash | 17.3 | 25.5 | -12.4 | — | |
| Net Changes in Cash | 2,205.2 | -1,100.6 | 1,873.2 | — | |
| Closing Cash | 6,743.2 | — | — | — | |
| Reference Items | |||||
| EBITDA | 9,286.6 | 10,551.9 | 11,902.9 | 12,540.8 | |
| EBITDA Margin % | 9.41 | 9.28 | 9.44 | 9.56 | |
| Free Cash Flow (CFO − Capex) | 3,443.5 | 1,725.2 | 5,230.4 | 5,230.4 | |
| Free Cash Flow to Equity | — | -235.5 | 2,364.7 | — | |
| Free Cash Flow per Basic Share | 3.26 | 1.63 | 4.96 | 4.96 | |
| Price to Free Cash Flow | — | — | — | 32.76 | |
| Cash Flow to Net Income | 2.51 | 1.52 | 2.76 | — | |
| Cash Paid for Taxes | 1,435.3 | 1,819.8 | 1,690.7 | — | |
| Cash Paid for Interest | 1,509.6 | 1,831.1 | 1,538.9 | — | |