v3.25.2
Consolidated Statement of Cash Flows
₨ in Millions, $ in Millions
 12 Months Ended
Mar. 31, 2025
INR (₨)
Mar. 31, 2025
USD ($)
Mar. 31, 2024
INR (₨)
Mar. 31, 2023
INR (₨)
Cash flows from operating activities        
Profit / (loss) before tax ₨ 10,034 $ 117 ₨ 8,142 ₨ (2,470)
Adjustments to reconcile profit/ (loss) before tax to net cash flows:        
Finance costs 51,368 601 46,762 50,098
Depreciation and amortisation 20,670 242 17,583 15,901
Change in fair value of warrants (595) (7) (551) (1,356)
Gain on disposal of subsidiaries (net) (3,088) (36) (3,659)  
Share based payments 1,277 15 1,653 1,966
Interest income (4,451) (52) (5,121) (2,771)
Others 218 3 2,256 516
Working capital adjustments:        
(Increase) / decrease in trade receivables and contract assets (3,082) (36) 3,867 6,899
Increase in inventories (2,395) (28) (755) (1,040)
Increase in other assets (899) (11) (1,445) (1,491)
Increase in trade payables and other liabilities 730 9 3,493 1,404
Cash generated from operations 69,787 817 72,225 67,656
Income tax refund / (paid) (net) (2,222) (26) (3,294) (2,084)
Net cash generated from operating activities (a) 67,565 791 68,931 65,572
Cash flows from investing activities        
Purchase of property, plant and equipment, intangible assets and right of use assets (93,659) (1,096) (153,839) (86,364)
Sale of property, plant and equipment     1 56
Investment in deposits having residual maturity more than 3 months and mutual funds (363,586) (4,256) (443,704) (254,577)
Redemption of deposits having residual maturity more than 3 months and mutual funds 375,219 4,392 426,706 267,335
Deferred consideration received 642 8 1,120 19
Disposal of subsidiaries, net of cash disposed (refer Note 36) 4,777 56 5,741  
Acquisition of subsidiaries, net of cash acquired       (90)
Purchase consideration paid     (1,638) (30)
Interest received 4,139 48 3,606 2,092
Loans given (292) (3) (228) (55)
Investment in optionally convertible debentures (115) (1) (112)  
Investment in energy funds (100) (1) (178) (449)
Investment in jointly controlled entities (refer Note 50(a)) (1,189) (14) (10) (2,915)
Net cash used in investing activities (b) (74,164) (868) (162,535) (74,978)
Cash flows from financing activities        
Shares issued during the year 20 0 17 14
Shares bought back, held as treasury stock (refer Note 16)     (4,819) (13,276)
Payment for acquisition of interest from non-controlling interest (335) (4) (237) (37)
Payment of lease liabilities (including payment of interest expense) (refer Note 38) (663) (8) (588) (534)
Proceeds from shares and debentures issued by subsidiaries [1] 1,829 21 7,608 17,758
Put options exercised during the year (refer Note 42)     (1,000) (980)
Proceeds from long term interest-bearing loans and borrowings 362,957 4,249 413,976 246,572
Repayment of long term interest-bearing loans and borrowings (285,976) (3,347) (280,350) (187,661)
Interest paid (including settlement gain / loss on derivative instruments) [2] (57,848) (677) (52,190) (42,743)
Net cash generated from financing activities (c) 19,984 234 82,417 19,113
Net increase / (decrease) in cash and cash equivalents (a) + (b) + (c) 13,385 157 (11,187) 9,707
Cash and cash equivalents at the beginning of the year 27,021 316 38,182 28,379
Effects of exchange rate changes on cash and cash equivalents 13 0 26 96
Cash and cash equivalents at the end of the year 40,419 $ 473 27,021 38,182
Components of cash and cash equivalents        
Cash and cheque on hand 1   0 1
Balances with banks:        
- On current accounts 15,083   11,466 14,500
- Deposits with original maturity of less than 3 months 25,335   15,555 23,681
Total cash and cash equivalents (refer Note 15) ₨ 40,419   ₨ 27,021 ₨ 38,182
[1] includes INR Nil (March 31, 2024: INR 4,478; March 31, 2023: INR 15,331) that represents proceeds from debentures issued by subsidiaries during the year ended March 31, 2025.
[2] includes INR 11,251 (March 31, 2024: INR 9,853; March 31, 2023: INR 4,437) that has been capitalised.