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 | 3,786.7 | 4,116.9 | 4,811.1 | — | |
| + Impairment Loss / (Reversal) | 100.9 | 0.0 | 0.0 | — | |
| + Finance Costs | 4,633.2 | 4,702.4 | 5,256.8 | — | |
| + Interest Income | -616.7 | -760.0 | -788.4 | — | |
| + Dividend Income | -764.1 | -321.7 | -455.2 | — | |
| + Fair Value (Gains) / Losses | 0.0 | -103.3 | -125.6 | — | |
| + Share-based Payments | 8.3 | 27.1 | 45.4 | — | |
| + Unrealised FX (Gain) / Loss | 18.2 | 20.1 | -67.6 | — | |
| + Undistributed Profits of Associates | 1,177.6 | 793.3 | 707.9 | — | |
| + Other Non-cash Items | 63.3 | -353.3 | -2,933.0 | — | |
| + Other — Cash Effects are Investing / Financing | -432.7 | -708.4 | -545.1 | — | |
| + Other Reconciling Items | 1,177.6 | -182.8 | 1,959.9 | — | |
| Changes in Working Capital | |||||
| + Inventories | -444.7 | -139.9 | -535.8 | — | |
| + Trade Receivables — Current | -954.8 | 1,040.1 | 1,021.4 | — | |
| + Trade Receivables — Non-current | 0.0 | -949.7 | -376.3 | — | |
| + Other Financial Assets — Current | 144.1 | -82.1 | -34.5 | — | |
| + Other Financial Assets — Non-current | -77.3 | -63.0 | -246.7 | — | |
| + Other Current Assets | -236.5 | -260.8 | 103.1 | — | |
| + Other Non-current Assets | -820.2 | 1,420.0 | -1,377.0 | — | |
| + Trade Payables — Current | 1,896.0 | 60.0 | -1,559.3 | — | |
| + Other Financial Liabilities — Current | 2,580.6 | 513.1 | -839.6 | — | |
| + Other Financial Liabilities — Non-current | 221.2 | 67.2 | 19.2 | — | |
| + Other Current Liabilities | -324.2 | -321.8 | -115.6 | — | |
| + Other Non-current Liabilities | -260.6 | -446.2 | -595.1 | — | |
| + Provisions — Current | -241.2 | -399.6 | -98.3 | — | |
| + Provisions — Non-current | 445.1 | 683.6 | 665.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 4,461.0 | 6,502.5 | 4,676.1 | 4,350.5 | |
| + Total Adjustments (incl. Working Capital) | 8,724.6 | 6,764.6 | 2,481.3 | — | |
| Cash from Operations (pre-tax) | 13,185.6 | 13,267.1 | 7,157.4 | — | |
| + Income Taxes Paid | 589.5 | 586.9 | 1,164.1 | — | |
| Cash from Operating Activities | 12,596.1 | 12,680.2 | 5,993.3 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 13,332.8 | 17,272.8 | 13,694.8 | — | |
| + Disp of Fixed Assets | 146.2 | 235.2 | 24.7 | — | |
| + Disp of Other Long-term Assets | 341.8 | 0.0 | 0.0 | — | |
| + Purchase of Investments (Equity / Debt) | 96.1 | -263.8 | -50.6 | — | |
| + Sale of Investments (Equity / Debt) | 43.8 | 11.0 | 11.5 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 0.0 | 294.0 | — | |
| + Loans & Advances Repaid | 16.2 | 0.0 | 0.0 | — | |
| + Dividends Received — Investing | 2,316.7 | 1,556.3 | 1,538.6 | — | |
| + Interest Received — Investing | 856.4 | 745.5 | 784.8 | — | |
| + Other Inflows / (Outflows) — Investing | 672.9 | -987.8 | -2,614.7 | — | |
| Cash from Investing Activities | -9,034.8 | -15,448.9 | -14,193.4 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 113.9 | 0.0 | 56.4 | — | |
| + Proceeds from Other Equity Instruments | 0.0 | 319.4 | 0.0 | — | |
| + Proceeds from Borrowings | 68,888.6 | 43,157.6 | 55,047.5 | — | |
| + Repayment of Borrowings | 68,376.0 | 34,587.4 | 42,485.0 | — | |
| + Payment of Lease Liabilities | 464.6 | 497.1 | 604.3 | — | |
| + Interest Paid | 4,776.5 | 5,069.1 | 5,627.0 | — | |
| + Dividends Paid | 886.8 | 964.5 | 1,113.5 | — | |
| + Dividends Paid — Minority | 247.7 | 325.4 | 394.9 | — | |
| + Other Inflows / (Outflows) — Financing | 1,003.9 | 1,933.5 | 2,508.6 | — | |
| Cash from Financing Activities | -4,497.4 | 4,292.4 | 7,782.6 | — | |
| Net Changes in Cash (pre-FX) | -936.1 | 1,523.7 | -417.4 | — | |
| + Effect of FX Rate Changes on Cash | 7.7 | 12.6 | 64.7 | — | |
| Net Changes in Cash | -928.4 | 1,536.3 | -352.7 | — | |
| Closing Cash | 3,143.9 | 4,680.1 | 4,327.5 | — | |
| Reference Items | |||||
| EBITDA | 10,783.8 | 13,929.9 | 13,095.1 | 12,969.3 | |
| EBITDA Margin % | 17.55 | 21.27 | 20.98 | 20.44 | |
| Free Cash Flow (CFO − Capex) | -736.6 | -4,592.7 | -7,701.5 | -7,701.5 | |
| Free Cash Flow to Equity | — | -996.0 | -351.7 | — | |
| Free Cash Flow per Basic Share | -2.31 | -14.37 | -24.10 | -24.10 | |
| Cash Flow to Net Income | 2.94 | 2.66 | 1.17 | — | |
| Cash Paid for Taxes | 589.5 | 586.9 | 1,164.1 | — | |
| Cash Paid for Interest | 4,776.5 | 5,069.1 | 5,627.0 | — | |