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 | 182.9 | 222.6 | 245.7 | — | |
| + Impairment Loss / (Reversal) | 298.4 | 251.9 | 553.3 | — | |
| + Finance Costs | 3,417.9 | 4,226.0 | 4,745.3 | — | |
| + Interest Income | -193.5 | -263.5 | -372.8 | — | |
| + Dividend Income | -17.7 | -42.9 | -40.4 | — | |
| + Fair Value (Gains) / Losses | -195.1 | -123.8 | -143.6 | — | |
| + Share-based Payments | 5.6 | 6.5 | 5.3 | — | |
| + Other Non-cash Items | 0.0 | 0.0 | -161.4 | — | |
| + Other — Cash Effects are Investing / Financing | -51.3 | -633.1 | 0.0 | — | |
| + Other Reconciling Items | 2.2 | -34.4 | 2.5 | — | |
| Changes in Working Capital | |||||
| + Trade Receivables — Current | -31.3 | -23.2 | 24.0 | — | |
| + Other Financial Assets — Current | -8,724.9 | -10,363.6 | -62.6 | — | |
| + Other Financial Assets — Non-current | 0.0 | -32.3 | -9,155.7 | — | |
| + Other Current Assets | -36.9 | -179.8 | -599.0 | — | |
| + Other Non-current Assets | -70.3 | 0.0 | -192.4 | — | |
| + Other Bank Balances | -1,906.7 | -772.9 | 828.0 | — | |
| + Trade Payables — Current | 35.0 | 62.7 | -30.9 | — | |
| + Other Financial Liabilities — Current | 0.0 | 0.0 | 79.4 | — | |
| + Other Current Liabilities | 108.9 | 82.3 | 0.0 | — | |
| + Provisions — Current | 0.0 | 24.4 | 61.1 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 1,961.1 | 2,447.4 | 2,680.6 | 2,872.4 | |
| + Total Adjustments (incl. Working Capital) | -7,177.1 | -7,593.3 | -4,214.4 | — | |
| Cash from Operations (pre-tax) | -5,215.9 | -5,145.9 | -1,533.8 | — | |
| + Interest Paid — Operating | 2,884.2 | 3,672.7 | 4,053.9 | — | |
| + Income Taxes Paid | 385.7 | 166.7 | 304.5 | — | |
| Cash from Operating Activities | -8,485.9 | -8,985.2 | -5,892.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 83.4 | 46.1 | 54.9 | — | |
| + Acq of Intangible Assets | 0.0 | 11.3 | 7.5 | — | |
| + Disp of Fixed Assets | 12.5 | 43.7 | 33.3 | — | |
| + Acq of Other Long-term Assets | 34,063.6 | 0.0 | 0.0 | — | |
| + Disp of Other Long-term Assets | 33,903.3 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 0.0 | 31,559.5 | 48,697.5 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.0 | 46,971.1 | — | |
| + Disp of Interests in Joint Ventures | 0.0 | 32,230.0 | 0.0 | — | |
| + Acq of Subsidiaries / Businesses (net) | 2.3 | 0.0 | 0.0 | — | |
| + Disp of Subsidiaries / Businesses (net) | 151.3 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 15.7 | 72.1 | 59.5 | — | |
| + Interest Received — Investing | 155.3 | 202.2 | 324.8 | — | |
| Cash from Investing Activities | 88.9 | 931.1 | -1,371.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 40,107.9 | 41,190.0 | 46,404.5 | — | |
| + Repayment of Borrowings | 30,987.3 | 32,989.4 | 38,470.9 | — | |
| + Payment of Lease Liabilities | 47.3 | 49.0 | 47.4 | — | |
| + Dividends Paid | 319.0 | 330.7 | 407.8 | — | |
| Cash from Financing Activities | 8,754.3 | 7,820.9 | 7,478.5 | — | |
| Net Changes in Cash (pre-FX) | 357.4 | -233.2 | 214.9 | — | |
| Net Changes in Cash | 357.4 | -233.2 | 214.9 | — | |
| Closing Cash | 545.7 | — | 525.6 | — | |
| Reference Items | |||||
| EBITDA | 5,635.2 | 6,818.6 | 7,683.0 | 7,956.9 | |
| EBITDA Margin % | 77.54 | 80.35 | 78.33 | 78.75 | |
| Free Cash Flow (CFO − Capex) | -8,569.2 | -9,042.6 | -5,954.7 | -5,954.7 | |
| Free Cash Flow per Basic Share | -777.54 | -820.49 | -540.30 | -540.30 | |
| Cash Flow to Net Income | -4.61 | -4.78 | -2.86 | — | |
| Cash Paid for Taxes | 385.7 | 166.7 | 304.5 | — | |