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 | 182.5 | 353.2 | 402.7 | — | |
| + Finance Costs | 47.9 | 251.8 | 302.8 | — | |
| + Interest Income | -41.3 | -3.5 | -2.0 | — | |
| + Fair Value (Gains) / Losses | -22.6 | -40.4 | -26.2 | — | |
| + Share-based Payments | 74.3 | 59.6 | 10.9 | — | |
| + Unrealised FX (Gain) / Loss | 8.3 | -4.1 | 9.1 | — | |
| + Other Non-cash Items | 26.4 | 67.6 | 73.9 | — | |
| + Other — Cash Effects are Investing / Financing | 0.0 | 0.0 | 0.1 | — | |
| Changes in Working Capital | |||||
| + Inventories | -3,090.9 | 1,370.6 | -71.0 | — | |
| + Trade Receivables — Current | -968.8 | -3,471.1 | 1,555.6 | — | |
| + Other Financial Assets — Current | -187.4 | -132.1 | 249.3 | — | |
| + Other Current Assets | -679.1 | 408.5 | -137.4 | — | |
| + Trade Payables — Current | 1,536.1 | -651.4 | -710.4 | — | |
| + Other Financial Liabilities — Current | 19.8 | 46.1 | -41.3 | — | |
| + Other Current Liabilities | 965.9 | 541.1 | -125.3 | — | |
| + Provisions — Current | 15.3 | 120.8 | 22.2 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 100.2 | 698.2 | -1,354.0 | -1,327.5 | |
| + Total Adjustments (incl. Working Capital) | -2,113.6 | -1,083.3 | 1,513.0 | — | |
| Cash from Operations (pre-tax) | -2,013.4 | -385.1 | 159.0 | — | |
| + Income Taxes Paid | 23.1 | 106.4 | 23.8 | — | |
| Cash from Operating Activities | -2,036.5 | -491.5 | 135.2 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 151.0 | 323.5 | 174.6 | — | |
| + Acq of Intangible Assets | 257.4 | 218.0 | 709.3 | — | |
| + Disp of Fixed Assets | 0.0 | 0.1 | 0.0 | — | |
| + Acq of Intangibles under Development | 0.0 | 109.8 | 0.0 | — | |
| + Interest Received — Investing | 44.1 | 3.9 | 1.5 | — | |
| + Other Inflows / (Outflows) — Investing | 794.9 | -7.7 | 118.6 | — | |
| Cash from Investing Activities | 430.5 | -655.0 | -763.7 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Exercise of Stock Options | 10.4 | 4.4 | 2.8 | — | |
| + Proceeds from Borrowings | 1,917.5 | 7,220.8 | 9,894.5 | — | |
| + Repayment of Borrowings | 190.6 | 5,703.7 | 9,119.0 | — | |
| + Payment of Lease Liabilities | 14.4 | 21.4 | 24.7 | — | |
| + Interest Paid | 9.5 | 213.1 | 311.1 | — | |
| + Dividends Paid | 0.0 | 0.0 | 44.2 | — | |
| + Other Inflows / (Outflows) — Financing | 0.0 | -0.8 | -1.4 | — | |
| Cash from Financing Activities | 1,713.4 | 1,286.0 | 397.0 | — | |
| Net Changes in Cash (pre-FX) | 107.5 | 139.6 | -231.5 | — | |
| + Effect of FX Rate Changes on Cash | -0.3 | -0.2 | 2.3 | — | |
| Net Changes in Cash | 107.2 | 139.3 | -229.2 | — | |
| Closing Cash | 192.6 | 331.9 | — | — | |
| Reference Items | |||||
| EBITDA | 265.9 | 1,257.8 | -681.8 | -646.5 | |
| EBITDA Margin % | 10.76 | 14.10 | -61.80 | -49.60 | |
| Free Cash Flow (CFO − Capex) | -2,444.9 | -1,033.0 | -748.7 | -748.7 | |
| Free Cash Flow to Equity | — | 278.9 | -293.3 | — | |
| Free Cash Flow per Basic Share | -135.07 | -57.07 | -41.36 | -41.36 | |
| Cash Flow to Net Income | -32.34 | -1.10 | -0.15 | — | |
| Cash Paid for Taxes | 23.1 | 106.4 | 23.8 | — | |
| Cash Paid for Interest | 9.5 | 213.1 | 311.1 | — | |