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 | 266.2 | 279.6 | 291.8 | — | |
| + Finance Costs | 918.0 | 811.0 | 736.2 | — | |
| + Interest Income | -8.6 | -9.1 | -4.0 | — | |
| + Unrealised FX (Gain) / Loss | 0.0 | 0.0 | 61.3 | — | |
| + Other Non-cash Items | 57.6 | 4.6 | 105.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -2,121.4 | 1,007.9 | 856.2 | — | |
| + Trade Receivables — Current | -413.6 | 156.6 | 128.2 | — | |
| + Other Current Assets | 24.5 | 129.2 | 156.8 | — | |
| + Trade Payables — Current | 2,659.6 | -1,056.1 | -1,588.5 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | -461.8 | -362.6 | -872.3 | -846.8 | |
| + Total Adjustments (incl. Working Capital) | 1,382.3 | 1,323.7 | 743.4 | — | |
| Cash from Operations (pre-tax) | 920.5 | 961.1 | -128.9 | — | |
| + Income Taxes Paid | 7.1 | 10.7 | -7.1 | — | |
| Cash from Operating Activities | 913.4 | 950.4 | -121.8 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 175.1 | 191.3 | 156.0 | — | |
| + Disp of Fixed Assets | 13.2 | 3.1 | 3.0 | — | |
| + Disp of Intangible Assets | 0.3 | 0.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 235.5 | 0.0 | 0.0 | — | |
| + Interest Received — Investing | 9.3 | 6.3 | 12.6 | — | |
| + Other Inflows / (Outflows) — Investing | 7.6 | -2.8 | 10.2 | — | |
| Cash from Investing Activities | -380.2 | -184.7 | -130.2 | — | |
| Cash from Financing Activities | |||||
| + Buyback / Redemption of Own Shares | 109.5 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 325.3 | 2,732.5 | 1,216.3 | — | |
| + Repayment of Borrowings | 215.6 | 2,732.1 | 206.1 | — | |
| + Payment of Lease Liabilities | 1.7 | 2.0 | 2.2 | — | |
| + Interest Paid | 0.0 | 708.0 | 640.6 | — | |
| + Other Inflows / (Outflows) — Financing | -642.5 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | -644.0 | -709.6 | 367.4 | — | |
| Net Changes in Cash (pre-FX) | -110.8 | 56.1 | 115.4 | — | |
| + Effect of FX Rate Changes on Cash | -18.4 | -31.3 | -132.3 | — | |
| Net Changes in Cash | -129.2 | 24.8 | -16.9 | — | |
| Closing Cash | 37.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 674.0 | 601.4 | 19.3 | 29.1 | |
| EBITDA Margin % | 5.95 | 5.51 | 0.21 | 0.31 | |
| Free Cash Flow (CFO − Capex) | 738.3 | 759.1 | -277.8 | -277.8 | |
| Free Cash Flow to Equity | — | 145.1 | 366.2 | — | |
| Free Cash Flow per Basic Share | 3.47 | 3.57 | -1.31 | -1.31 | |
| Cash Flow to Net Income | -1.46 | -3.17 | 0.15 | — | |
| Cash Paid for Taxes | 7.1 | 10.7 | -7.1 | — | |
| Cash Paid for Interest | 0.0 | 708.0 | 640.6 | — | |