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 | 2,556.6 | 2,575.4 | 2,937.9 | — | |
| + Impairment Loss / (Reversal) | 0.0 | 295.3 | 0.0 | — | |
| + Finance Costs | 238.5 | 231.4 | 338.9 | — | |
| + Interest Income | -1,022.9 | -1,230.1 | -915.0 | — | |
| + Dividend Income | -103.3 | -66.9 | -59.4 | — | |
| + Fair Value (Gains) / Losses | 227.7 | -133.8 | -876.1 | — | |
| + Unrealised FX (Gain) / Loss | -249.9 | -336.7 | -797.1 | — | |
| + Other Non-cash Items | 227.6 | 198.7 | 252.9 | — | |
| + Other — Cash Effects are Investing / Financing | -319.9 | -413.0 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | 598.8 | -184.0 | -52.3 | — | |
| + Trade Receivables — Current | 352.9 | -1,602.1 | -2,008.8 | — | |
| + Other Current Assets | -383.9 | -59.3 | -209.6 | — | |
| + Trade Payables — Current | 249.7 | 528.0 | 1,057.4 | — | |
| + Other Current Liabilities | 240.9 | 182.0 | 175.4 | — | |
| + Provisions — Current | 3.7 | 811.8 | -230.0 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 11,087.9 | 13,752.1 | 15,118.9 | 16,044.9 | |
| + Total Adjustments (incl. Working Capital) | 2,616.5 | 796.8 | -385.8 | — | |
| Cash from Operations (pre-tax) | 13,704.4 | 14,548.9 | 14,733.1 | — | |
| + Income Taxes Paid | 1,569.4 | 476.8 | 2,313.9 | — | |
| Cash from Operating Activities | 12,135.0 | 14,072.1 | 12,419.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 2,201.8 | 2,128.6 | 3,609.4 | — | |
| + Disp of Fixed Assets | 30.8 | 61.0 | 96.1 | — | |
| + Purchase of Investments (Equity / Debt) | 29,091.0 | 32,308.7 | 30,804.1 | — | |
| + Sale of Investments (Equity / Debt) | 30,094.5 | 29,417.5 | 26,167.4 | — | |
| + Acq of Subsidiaries / Businesses (net) | 143.3 | 272.8 | 3,405.1 | — | |
| + Loans & Advances Made | 20.7 | 3.4 | 0.0 | — | |
| + Loans & Advances Repaid | 0.0 | 32.0 | 0.0 | — | |
| + Dividends Received — Investing | 99.1 | 66.0 | 59.4 | — | |
| + Interest Received — Investing | 613.2 | 803.8 | 704.7 | — | |
| + Other Inflows / (Outflows) — Investing | -71.0 | -973.0 | -553.1 | — | |
| Cash from Investing Activities | -690.2 | -5,306.2 | -11,344.1 | — | |
| Cash from Financing Activities | |||||
| + Payments — Change in Ownership of Subsidiaries | 0.0 | 0.0 | 3.8 | — | |
| + Proceeds from Borrowings | 4,715.7 | 3,361.7 | 5,322.1 | — | |
| + Repayment of Borrowings | 8,105.6 | 4,392.0 | 3,410.2 | — | |
| + Payment of Lease Liabilities | 123.1 | 134.5 | 151.4 | — | |
| + Interest Paid | 219.0 | 223.8 | 331.5 | — | |
| + Dividends Paid | 2,900.7 | 3,617.3 | 3,937.8 | — | |
| + Other Inflows / (Outflows) — Financing | -77.4 | -2,899.9 | 0.0 | — | |
| Cash from Financing Activities | -6,710.2 | -7,905.8 | -2,512.6 | — | |
| Net Changes in Cash (pre-FX) | 4,734.6 | 860.1 | -1,437.4 | — | |
| + Effect of FX Rate Changes on Cash | -72.7 | 123.0 | 939.2 | — | |
| Net Changes in Cash | 4,661.9 | 983.1 | -498.3 | — | |
| Closing Cash | 9,285.7 | 10,268.8 | 9,770.5 | — | |
| Reference Items | |||||
| EBITDA | 13,023.1 | 15,271.7 | 17,731.4 | 17,847.4 | |
| EBITDA Margin % | 26.85 | 29.05 | 30.33 | 29.79 | |
| Free Cash Flow (CFO − Capex) | 9,933.2 | 11,943.5 | 8,809.8 | 8,809.8 | |
| Free Cash Flow to Equity | — | 10,743.6 | 10,690.3 | — | |
| Free Cash Flow per Basic Share | 41.40 | 49.78 | 36.72 | 36.72 | |
| Price to Free Cash Flow | — | — | — | 50.38 | |
| Cash Flow to Net Income | 1.26 | 1.28 | 1.08 | — | |
| Cash Paid for Taxes | 1,569.4 | 476.8 | 2,313.9 | — | |
| Cash Paid for Interest | 219.0 | 223.8 | 331.5 | — | |