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 | 166.3 | 163.8 | 215.4 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 305.8 | 0.0 | — | |
| + Finance Costs | 148.2 | 160.6 | 174.7 | — | |
| + Interest Income | -40.0 | -61.2 | -40.5 | — | |
| + Share-based Payments | 4.6 | 2.5 | 4.8 | — | |
| + Unrealised FX (Gain) / Loss | 0.5 | -0.8 | 0.0 | — | |
| + Other Non-cash Items | 40.7 | -25.8 | 57.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | 0.5 | 2.5 | -9.6 | — | |
| + Trade Receivables — Current | -285.6 | -25.3 | -137.8 | — | |
| + Other Financial Assets — Current | -117.1 | -28.4 | -186.9 | — | |
| + Other Financial Assets — Non-current | 2.5 | -0.1 | -1.0 | — | |
| + Other Current Assets | -36.5 | 3.9 | 2.9 | — | |
| + Trade Payables — Current | 67.1 | 12.0 | 3.0 | — | |
| + Other Financial Liabilities — Current | 147.3 | 83.6 | 264.6 | — | |
| + Other Financial Liabilities — Non-current | -0.7 | -0.8 | -0.9 | — | |
| + Other Current Liabilities | 0.4 | 20.6 | 6.9 | — | |
| + Provisions — Current | 47.3 | 21.0 | 392.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 247.0 | 41.5 | 85.0 | 95.7 | |
| + Total Adjustments (incl. Working Capital) | 170.3 | 659.8 | 744.8 | — | |
| Cash from Operations (pre-tax) | 417.3 | 701.3 | 829.8 | — | |
| + Other Inflows / (Outflows) — Operating | 20.8 | 16.2 | 0.0 | — | |
| + Income Taxes Paid | 43.7 | -24.8 | 59.9 | — | |
| Cash from Operating Activities | 394.4 | 742.3 | 769.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 163.6 | 153.4 | 189.1 | — | |
| + Disp of Fixed Assets | 7.8 | 13.2 | 0.0 | — | |
| + Acq of Investment Property | 3.5 | 0.0 | 0.0 | — | |
| + Disp of Investment Property | 0.0 | 0.0 | 12.3 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 10.9 | 14.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 5.0 | 7.5 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 3.2 | 93.8 | — | |
| + Dividends Received — Investing | 0.4 | 0.3 | 0.3 | — | |
| + Interest Received — Investing | 41.5 | 57.9 | 43.6 | — | |
| + Other Inflows / (Outflows) — Investing | 13.0 | -383.2 | 209.8 | — | |
| Cash from Investing Activities | -104.4 | -474.3 | -23.3 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 0.1 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 0.0 | 0.0 | 0.3 | — | |
| + Buyback / Redemption of Own Shares | 112.1 | 0.0 | 151.7 | — | |
| + Proceeds from Debentures / Notes / Bonds | 0.0 | 250.0 | 0.0 | — | |
| + Proceeds from Borrowings | 102.1 | 80.5 | 93.2 | — | |
| + Repayment of Borrowings | 140.1 | 136.4 | 248.3 | — | |
| + Payment of Lease Liabilities | 49.2 | 61.4 | 81.8 | — | |
| + Interest Paid | 140.5 | 146.9 | 132.2 | — | |
| + Dividends Paid | 0.0 | 0.0 | 98.9 | — | |
| + Other Inflows / (Outflows) — Financing | -0.4 | -0.4 | -0.7 | — | |
| Cash from Financing Activities | -340.2 | -14.5 | -620.0 | — | |
| Net Changes in Cash (pre-FX) | -50.2 | 253.5 | 126.6 | — | |
| + Effect of FX Rate Changes on Cash | -2.3 | -1.6 | 79.3 | — | |
| Net Changes in Cash | -52.5 | 251.9 | 205.9 | — | |
| Closing Cash | -52.3 | — | — | — | |
| Reference Items | |||||
| EBITDA | 518.8 | 297.9 | 716.6 | 771.6 | |
| EBITDA Margin % | 4.23 | 2.26 | 4.48 | 4.53 | |
| Free Cash Flow (CFO − Capex) | 230.8 | 588.9 | 580.8 | 580.8 | |
| Free Cash Flow to Equity | — | 435.0 | 382.3 | — | |
| Free Cash Flow per Basic Share | 16.34 | 41.68 | 41.11 | 41.11 | |
| Price to Free Cash Flow | — | — | — | 10.34 | |
| Cash Flow to Net Income | 2.08 | 62.97 | 5.59 | — | |
| Cash Paid for Taxes | 43.7 | -24.8 | 59.9 | — | |
| Cash Paid for Interest | 140.5 | 146.9 | 132.2 | — | |