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 | 148.1 | 158.5 | 207.6 | — | |
| + Impairment Loss / (Reversal) | 59.1 | 80.5 | 66.6 | — | |
| + Finance Costs | 95.9 | 154.0 | 139.0 | — | |
| + Interest Income | -87.2 | -67.6 | -141.8 | — | |
| + Fair Value (Gains) / Losses | -83.1 | -117.9 | -80.5 | — | |
| + Share-based Payments | 4.9 | 5.8 | 4.9 | — | |
| + Unrealised FX (Gain) / Loss | -5.6 | 4.1 | -1.0 | — | |
| + Undistributed Profits of Associates | 0.0 | 0.0 | 0.9 | — | |
| + Other Non-cash Items | 33.8 | 0.0 | -82.8 | — | |
| + Other Reconciling Items | -126.1 | -14.5 | 0.0 | — | |
| Changes in Working Capital | |||||
| + Inventories | -9.3 | 77.6 | -173.5 | — | |
| + Trade Receivables — Current | -444.0 | -329.4 | -193.7 | — | |
| + Other Financial Assets — Current | -49.4 | -360.3 | 0.0 | — | |
| + Other Financial Assets — Non-current | 0.0 | 0.0 | -189.2 | — | |
| + Other Current Assets | -181.3 | 19.5 | -112.2 | — | |
| + Trade Payables — Current | 69.0 | 154.8 | 303.8 | — | |
| + Other Financial Liabilities — Current | 44.1 | 3.6 | 130.9 | — | |
| + Other Financial Liabilities — Non-current | 0.0 | 12.3 | 0.0 | — | |
| + Other Current Liabilities | 60.9 | 520.1 | 12.9 | — | |
| + Provisions — Current | 34.0 | 43.0 | -7.3 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 869.8 | 884.7 | 1,008.3 | 838.8 | |
| + Total Adjustments (incl. Working Capital) | -436.2 | 344.2 | -117.3 | — | |
| Cash from Operations (pre-tax) | 433.6 | 1,228.9 | 891.0 | — | |
| + Income Taxes Paid | 186.3 | 186.1 | 349.5 | — | |
| Cash from Operating Activities | 247.3 | 1,042.8 | 541.5 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 843.9 | 902.7 | 952.4 | — | |
| + Disp of Fixed Assets | 0.0 | 0.0 | 10.0 | — | |
| + Disp of Investment Property | 125.4 | 2.5 | 0.0 | — | |
| + Acq of Other Long-term Assets | 0.0 | 0.0 | 5,844.6 | — | |
| + Disp of Other Long-term Assets | 0.0 | 0.0 | 6,016.7 | — | |
| + Purchase of Investments (Equity / Debt) | 3.5 | 138.1 | 0.0 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 0.0 | 10.0 | — | |
| + Interest Received — Investing | 87.2 | 63.8 | 136.1 | — | |
| + Other Inflows / (Outflows) — Investing | 125.7 | -266.1 | 37.2 | — | |
| Cash from Investing Activities | -509.2 | -1,240.6 | -587.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Other Equity Instruments | 0.0 | 0.0 | 0.0 | — | |
| + Proceeds from Borrowings | 968.6 | 1,294.8 | 1,469.2 | — | |
| + Repayment of Borrowings | 537.9 | 861.2 | 910.7 | — | |
| + Payment of Lease Liabilities | 10.2 | 6.1 | 0.0 | — | |
| + Interest Paid | 82.1 | 175.8 | 161.9 | — | |
| + Dividends Paid | 112.8 | 135.2 | 157.7 | — | |
| + Other Inflows / (Outflows) — Financing | 59.8 | 7.0 | 8.8 | — | |
| Cash from Financing Activities | 285.4 | 123.6 | 247.6 | — | |
| Net Changes in Cash (pre-FX) | 23.5 | -74.2 | 202.1 | — | |
| + Effect of FX Rate Changes on Cash | -4.5 | 0.0 | 22.2 | — | |
| Net Changes in Cash | 19.0 | -74.2 | 224.4 | — | |
| Closing Cash | 466.8 | — | 636.2 | — | |
| Reference Items | |||||
| EBITDA | 797.4 | 907.8 | 1,026.3 | 869.8 | |
| EBITDA Margin % | 8.55 | 8.74 | 9.60 | 8.02 | |
| Free Cash Flow (CFO − Capex) | -596.6 | 140.1 | -410.9 | -410.9 | |
| Free Cash Flow to Equity | — | 401.8 | 21.9 | — | |
| Free Cash Flow per Basic Share | -52.96 | 12.44 | -36.47 | -36.47 | |
| Cash Flow to Net Income | 0.38 | 1.66 | 0.75 | — | |
| Cash Paid for Taxes | 186.3 | 186.1 | 349.5 | — | |
| Cash Paid for Interest | 82.1 | 175.8 | 161.9 | — | |