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 | 17.4 | 7.9 | 1.5 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 0.0 | 98.1 | — | |
| + Finance Costs | 15.4 | 16.1 | 6.6 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -0.6 | 0.0 | — | |
| + Share-based Payments | 1.0 | 0.8 | 0.0 | — | |
| + Unrealised FX (Gain) / Loss | -0.1 | 0.0 | 18.2 | — | |
| + Other Reconciling Items | 26.5 | 1.3 | 76.9 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | 33.7 | 13.2 | -4.4 | — | |
| + Other Financial Assets — Current | 1.8 | -6.3 | -0.3 | — | |
| + Other Financial Assets — Non-current | -0.2 | 0.7 | 0.0 | — | |
| + Other Current Assets | -0.5 | 2.4 | 1.2 | — | |
| + Trade Payables — Current | 11.9 | -15.7 | -15.2 | — | |
| + Other Financial Liabilities — Current | -10.3 | 1.7 | 11.4 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | -23.5 | 0.0 | — | |
| + Other Current Liabilities | 0.6 | 0.0 | -2.6 | — | |
| + Provisions — Current | -0.2 | -0.0 | 0.0 | — | |
| + Provisions — Non-current | 0.3 | -0.2 | 0.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -95.1 | -45.4 | -140.0 | -25.5 | |
| + Total Adjustments (incl. Working Capital) | 97.2 | -2.1 | 191.3 | — | |
| Cash from Operations (pre-tax) | 2.1 | -47.6 | 51.2 | — | |
| + Income Taxes Paid | -2.4 | 1.2 | 0.1 | — | |
| Cash from Operating Activities | 4.5 | -48.7 | 51.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 0.2 | 0.0 | 0.1 | — | |
| + Other Inflows / (Outflows) — Investing | 0.0 | -0.5 | 0.0 | — | |
| Cash from Investing Activities | -0.2 | -0.5 | -0.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 4.1 | 115.6 | 0.0 | — | |
| + Proceeds from Borrowings | 46.3 | 103.9 | 0.0 | — | |
| + Repayment of Borrowings | 46.4 | 108.4 | 42.5 | — | |
| + Interest Paid | 12.8 | 10.8 | 0.0 | — | |
| + Income Taxes (Paid) / Refund — Financing | 0.0 | 0.0 | 6.6 | — | |
| Cash from Financing Activities | -8.8 | 100.4 | -49.0 | — | |
| Net Changes in Cash (pre-FX) | -4.6 | 51.2 | 2.0 | — | |
| + Effect of FX Rate Changes on Cash | 3.2 | 5.1 | 0.0 | — | |
| Net Changes in Cash | -1.4 | 56.2 | 2.0 | — | |
| Closing Cash | 3.6 | — | — | — | |
| Reference Items | |||||
| EBITDA | -63.9 | -24.3 | -5.0 | -23.2 | |
| EBITDA Margin % | -18.79 | -14.52 | -13.35 | -35.42 | |
| Free Cash Flow (CFO − Capex) | 4.3 | -48.7 | 51.0 | 51.0 | |
| Free Cash Flow to Equity | — | -72.9 | 2.0 | — | |
| Free Cash Flow per Basic Share | 1.28 | -14.58 | 15.28 | 15.28 | |
| Price to Free Cash Flow | — | — | — | 1.10 | |
| Cash Flow to Net Income | -0.05 | 1.06 | -0.36 | — | |
| Cash Paid for Taxes | -2.4 | 1.2 | 0.1 | — | |
| Cash Paid for Interest | 12.8 | 10.8 | 0.0 | — | |