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 | 22.7 | 27.3 | 30.3 | — | |
| + Impairment Loss / (Reversal) | 150.8 | 520.4 | 494.9 | — | |
| + Finance Costs | 45.1 | 59.5 | 81.7 | — | |
| + Dividend Income | 0.0 | -0.1 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -7.8 | -18.9 | -280.6 | — | |
| + Share-based Payments | 0.0 | 0.4 | 2.5 | — | |
| + Unrealised FX (Gain) / Loss | 9.2 | 16.8 | 213.1 | — | |
| + Other Non-cash Items | -271.9 | 0.3 | 0.0 | — | |
| + Other Reconciling Items | 0.0 | 0.0 | 1.3 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -3.1 | 6.5 | -6.2 | — | |
| + Other Financial Assets — Non-current | -13.6 | -4.2 | -24.4 | — | |
| + Other Non-current Assets | 0.0 | -15.7 | 0.7 | — | |
| + Other Bank Balances | 9.6 | 201.4 | -99.7 | — | |
| + Trade Payables — Current | 0.0 | 13.7 | 0.0 | — | |
| + Trade Payables — Non-current | 1.2 | 0.0 | 3.6 | — | |
| + Other Financial Liabilities — Non-current | -144.4 | 59.1 | 203.5 | — | |
| + Other Non-current Liabilities | 0.0 | 2.4 | 4.3 | — | |
| + Provisions — Non-current | 0.8 | 0.0 | 2.9 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 582.9 | 235.8 | 432.1 | 535.2 | |
| + Total Adjustments (incl. Working Capital) | -201.5 | 869.0 | 627.8 | — | |
| Cash from Operations (pre-tax) | 381.4 | 1,104.8 | 1,059.8 | — | |
| + Other Inflows / (Outflows) — Operating | -2,414.9 | -1,588.2 | -2,009.5 | — | |
| + Income Taxes Paid | 35.4 | 80.0 | 24.1 | — | |
| Cash from Operating Activities | -2,068.9 | -563.4 | -973.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 12.8 | 19.5 | 24.7 | — | |
| + Acq of Intangible Assets | 0.3 | 0.3 | 4.0 | — | |
| + Disp of Fixed Assets | 0.7 | 0.9 | 0.6 | — | |
| + Dividends Received — Investing | 0.0 | 0.1 | 0.0 | — | |
| + Other Inflows / (Outflows) — Investing | -15.9 | -26.6 | -94.9 | — | |
| Cash from Investing Activities | -28.2 | -45.4 | -122.9 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 330.8 | 0.0 | 0.0 | — | |
| + Proceeds — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 0.4 | — | |
| + Proceeds from Debentures / Notes / Bonds | 507.3 | 770.1 | -115.9 | — | |
| + Proceeds from Borrowings | 6,564.1 | 4,491.5 | 7,458.8 | — | |
| + Repayment of Borrowings | 5,127.3 | 4,334.0 | 5,325.0 | — | |
| + Payment of Lease Liabilities | 11.5 | 13.8 | 16.3 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | 0.0 | -128.5 | — | |
| Cash from Financing Activities | 2,263.5 | 913.8 | 1,873.5 | — | |
| Net Changes in Cash (pre-FX) | 166.3 | 305.0 | 776.8 | — | |
| Net Changes in Cash | 166.3 | 305.0 | 776.8 | — | |
| Closing Cash | 424.0 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,498.8 | 1,304.4 | 1,755.9 | 1,816.6 | |
| EBITDA Margin % | 67.13 | 50.27 | 55.87 | 56.47 | |
| Free Cash Flow (CFO − Capex) | -2,082.0 | -583.2 | -1,002.5 | -1,002.5 | |
| Free Cash Flow per Basic Share | -189.19 | -53.00 | -91.10 | -91.10 | |
| Cash Flow to Net Income | -4.75 | -3.03 | -2.93 | — | |
| Cash Paid for Taxes | 35.4 | 80.0 | 24.1 | — | |