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 | 3,145.3 | 4,015.0 | 4,644.5 | — | |
| + Finance Costs | 968.0 | 1,650.5 | 1,871.7 | — | |
| + Interest Income | -240.9 | -293.2 | -261.4 | — | |
| + Fair Value (Gains) / Losses | -219.5 | -160.4 | -107.9 | — | |
| + Share-based Payments | 43.1 | 51.6 | 52.0 | — | |
| + Unrealised FX (Gain) / Loss | 15.1 | 58.3 | -50.4 | — | |
| + Other Non-cash Items | 16.4 | 75.0 | -117.3 | — | |
| + Other — Cash Effects are Investing / Financing | -98.6 | -290.4 | -124.4 | — | |
| Changes in Working Capital | |||||
| + Inventories | -1,711.5 | -316.9 | -67.9 | — | |
| + Trade Receivables — Current | -421.0 | -607.5 | -27.6 | — | |
| + Other Current Assets | -278.2 | 762.7 | -840.3 | — | |
| + Trade Payables — Current | 1,959.0 | -475.6 | 590.3 | — | |
| + Provisions — Current | -29.4 | -33.8 | 112.4 | — | |
| Cash from Operating Activities | |||||
| Profit Before Tax (per I/S) | 9,400.2 | 7,538.7 | 10,943.0 | 11,409.9 | |
| + Total Adjustments (incl. Working Capital) | 3,147.9 | 4,435.4 | 5,673.5 | — | |
| Cash from Operations (pre-tax) | 12,548.1 | 11,974.1 | 16,616.6 | — | |
| + Income Taxes Paid | 1,650.5 | 1,300.6 | 1,300.7 | — | |
| Cash from Operating Activities | 10,897.5 | 10,673.4 | 15,315.9 | — | |
| Cash from Investing Activities | |||||
| + Acq of Fixed Assets (Capex) | 9,005.6 | 9,129.3 | 9,677.8 | — | |
| + Disp of Fixed Assets | 121.5 | 178.7 | 167.2 | — | |
| + Acq of Other Long-term Assets | 0.0 | 879.4 | 0.0 | — | |
| + Disp of Other Long-term Assets | 0.0 | -900.9 | 262.0 | — | |
| + Purchase of Investments (Equity / Debt) | 120.8 | 15,005.7 | 5,002.9 | — | |
| + Sale of Investments (Equity / Debt) | 0.0 | 19,115.3 | 3,822.0 | — | |
| + Acq of Interests in Joint Ventures | 0.0 | 149.4 | 74.9 | — | |
| + Acq of Subsidiaries / Businesses (net) | 0.0 | 10,112.9 | 52.7 | — | |
| + Disp of Subsidiaries / Businesses (net) | -60.4 | 36.3 | 788.5 | — | |
| + Dividends Received — Investing | 0.2 | 0.8 | 0.0 | — | |
| + Interest Received — Investing | 161.2 | 342.0 | 207.3 | — | |
| + Other Inflows / (Outflows) — Investing | 115.7 | 0.0 | 81.3 | — | |
| Cash from Investing Activities | -8,788.1 | -16,504.5 | -9,480.1 | — | |
| Cash from Financing Activities | |||||
| + Proceeds from Issue of Shares | 0.0 | 2.0 | 0.0 | — | |
| + Proceeds from Exercise of Stock Options | 1.9 | 31.3 | 50.0 | — | |
| + Buyback / Redemption of Own Shares | 100.4 | 100.3 | 119.4 | — | |
| + Proceeds from Borrowings | 1,398.6 | 9,409.6 | -40.2 | — | |
| + Repayment of Borrowings | 1,068.7 | 550.3 | 1,425.7 | — | |
| + Payment of Lease Liabilities | 162.0 | 225.9 | 276.3 | — | |
| + Interest Paid | 916.7 | 1,479.0 | 1,868.7 | — | |
| + Dividends Paid | 1,094.4 | 2,011.7 | 2,273.4 | — | |
| + Other Inflows / (Outflows) — Financing | 16.1 | 0.0 | 0.0 | — | |
| Cash from Financing Activities | -1,925.7 | 5,075.8 | -5,953.6 | — | |
| Net Changes in Cash (pre-FX) | 183.8 | -755.3 | -117.8 | — | |
| + Effect of FX Rate Changes on Cash | -0.6 | 3.8 | 5.1 | — | |
| Net Changes in Cash | 183.2 | -751.5 | -112.7 | — | |
| Closing Cash | 553.6 | 467.2 | 354.5 | — | |
| Reference Items | |||||
| EBITDA | 12,968.6 | 12,557.5 | 17,020.2 | 17,625.3 | |
| EBITDA Margin % | 18.29 | 16.53 | 19.23 | 19.18 | |
| Free Cash Flow (CFO − Capex) | 1,892.0 | 1,544.1 | 5,638.1 | 5,638.1 | |
| Free Cash Flow to Equity | — | 12,797.7 | 3,519.1 | — | |
| Free Cash Flow per Basic Share | 64.20 | 52.40 | 191.33 | 191.33 | |
| Price to Free Cash Flow | — | — | — | 57.24 | |
| Cash Flow to Net Income | 1.56 | 1.77 | 1.87 | — | |
| Cash Paid for Taxes | 1,650.5 | 1,300.6 | 1,300.7 | — | |
| Cash Paid for Interest | 916.7 | 1,479.0 | 1,868.7 | — | |