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 | 0.0 | 5.1 | 4.9 | — | |
| + Impairment Loss / (Reversal) | 5.3 | 0.0 | 0.0 | — | |
| + Finance Costs | 44.4 | 44.8 | 40.8 | — | |
| + Interest Income | -2.0 | 2.8 | -1.7 | — | |
| + Fair Value (Gains) / Losses | -26.1 | 0.0 | -0.0 | — | |
| + Other Non-cash Items | 0.0 | 0.0 | -11.9 | — | |
| + Other Reconciling Items | 20.0 | -8.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | 8.0 | -86.9 | -374.5 | — | |
| + Trade Receivables — Non-current | 0.0 | 0.0 | -303.8 | — | |
| + Other Financial Assets — Current | 0.0 | -3.5 | -5.4 | — | |
| + Other Current Assets | 9.1 | -174.6 | 0.8 | — | |
| + Other Non-current Assets | -249.2 | 0.0 | -0.8 | — | |
| + Trade Payables — Current | -60.4 | 140.6 | 331.2 | — | |
| + Trade Payables — Non-current | 0.0 | 0.0 | 7.2 | — | |
| + Other Financial Liabilities — Current | 83.6 | -75.9 | -21.2 | — | |
| + Other Financial Liabilities — Non-current | -0.7 | 0.0 | 0.0 | — | |
| + Other Current Liabilities | 28.9 | 0.8 | 2.3 | — | |
| + Provisions — Current | -4.2 | -8.4 | -0.1 | — | |
| + Provisions — Non-current | 1.2 | 0.0 | 0.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 22.8 | 35.2 | 62.2 | 56.3 | |
| + Total Adjustments (incl. Working Capital) | -142.0 | -163.2 | -332.0 | — | |
| Cash from Operations (pre-tax) | -119.2 | -128.0 | -269.9 | — | |
| + Income Taxes Paid | 1.6 | 4.5 | -6.5 | — | |
| Cash from Operating Activities | -120.8 | -132.5 | -263.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 0.1 | 0.1 | 0.8 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 0.0 | 1.3 | — | |
| + Interest Received — Investing | 1.4 | 3.2 | 1.7 | — | |
| + Other Inflows / (Outflows) — Investing | -25.3 | 0.7 | -6.6 | — | |
| Cash from Investing Activities | -23.9 | 3.7 | -7.0 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 99.8 | 200.0 | 324.9 | — | |
| + Proceeds from Borrowings | 54.1 | 0.0 | 7.4 | — | |
| + Repayment of Borrowings | 4.2 | 61.4 | 24.7 | — | |
| + Interest Paid | 18.6 | 19.8 | 18.5 | — | |
| + Other Inflows / (Outflows) — Financing | -1.0 | -1.0 | 0.0 | — | |
| Cash from Financing Activities | 130.0 | 117.8 | 289.2 | — | |
| Net Changes in Cash (pre-FX) | -14.7 | -11.0 | 18.8 | — | |
| Net Changes in Cash | -14.7 | -11.0 | 18.8 | — | |
| Closing Cash | 18.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 26.3 | 50.6 | 77.6 | 66.6 | |
| EBITDA Margin % | 4.68 | 8.46 | 7.36 | 5.91 | |
| Free Cash Flow (CFO − Capex) | -120.9 | -132.6 | -264.2 | -264.2 | |
| Free Cash Flow to Equity | — | -248.1 | -287.7 | — | |
| Free Cash Flow per Basic Share | -0.62 | -0.68 | -1.36 | -1.36 | |
| Cash Flow to Net Income | -5.30 | -5.33 | -4.92 | — | |
| Cash Paid for Taxes | 1.6 | 4.5 | -6.5 | — | |
| Cash Paid for Interest | 18.6 | 19.8 | 18.5 | — | |