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 | 646.3 | 695.1 | 740.2 | — | |
| + Finance Costs | 415.5 | 458.8 | 419.4 | — | |
| + Interest Income | -13.6 | -18.1 | -14.3 | — | |
| + Dividend Income | -0.1 | 0.0 | 0.0 | — | |
| + Fair Value (Gains) / Losses | -0.1 | 0.0 | 0.0 | — | |
| + Other Non-cash Items | 16.2 | 23.0 | 0.3 | — | |
| + Other — Cash Effects are Investing / Financing | -12.9 | -209.6 | -563.8 | — | |
| + Other Reconciling Items | -10.3 | -11.4 | -2.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -99.9 | -32.7 | -13.5 | — | |
| + Trade Receivables — Current | -324.6 | 149.6 | -143.0 | — | |
| + Trade Payables — Current | 790.2 | 45.6 | 382.7 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 541.7 | 319.3 | 871.1 | 796.6 | |
| + Total Adjustments (incl. Working Capital) | 1,406.6 | 1,100.1 | 805.5 | — | |
| Cash from Operations (pre-tax) | 1,948.3 | 1,419.4 | 1,676.6 | — | |
| + Other Inflows / (Outflows) — Operating | 0.0 | 0.0 | -22.7 | — | |
| + Income Taxes Paid | 42.8 | 20.6 | 42.8 | — | |
| Cash from Operating Activities | 1,905.5 | 1,398.8 | 1,611.1 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 1,922.5 | 1,024.0 | 996.7 | — | |
| + Disp of Fixed Assets | 8.3 | 82.8 | 598.7 | — | |
| + Purchase of Investments (Equity / Debt) | 17.5 | 0.0 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 2.6 | 375.8 | 40.5 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 0.0 | 0.3 | — | |
| + Dividends Received — Investing | 1.4 | 1.1 | 0.0 | — | |
| + Interest Received — Investing | 7.7 | 13.2 | 9.9 | — | |
| + Other Inflows / (Outflows) — Investing | 9.1 | 9.6 | 9.8 | — | |
| Cash from Investing Activities | -1,910.9 | -541.6 | -338.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Borrowings | 1,435.4 | 514.6 | 600.0 | — | |
| + Repayment of Borrowings | 1,009.7 | 785.4 | 1,404.6 | — | |
| + Payment of Lease Liabilities | 0.2 | 0.3 | 0.4 | — | |
| + Interest Paid | 406.3 | 451.7 | 404.4 | — | |
| + Dividends Paid | 47.3 | 59.1 | 47.3 | — | |
| Cash from Financing Activities | -28.0 | -781.9 | -1,256.7 | — | |
| Net Changes in Cash (pre-FX) | -33.4 | 75.3 | 16.2 | — | |
| Net Changes in Cash | -33.4 | 75.3 | 16.2 | — | |
| Closing Cash | 136.9 | — | — | — | |
| Reference Items | |||||
| EBITDA | 1,564.6 | 1,232.5 | 1,436.0 | 1,344.9 | |
| EBITDA Margin % | 16.69 | 14.47 | 15.90 | 14.57 | |
| Free Cash Flow (CFO − Capex) | -17.0 | 374.8 | 614.4 | 614.4 | |
| Free Cash Flow to Equity | — | -341.7 | -590.1 | — | |
| Free Cash Flow per Basic Share | -0.72 | 15.86 | 26.00 | 26.00 | |
| Price to Free Cash Flow | — | — | — | 33.29 | |
| Cash Flow to Net Income | 5.35 | 5.19 | 2.31 | — | |
| Cash Paid for Taxes | 42.8 | 20.6 | 42.8 | — | |
| Cash Paid for Interest | 406.3 | 451.7 | 404.4 | — | |