| INR billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Cash & cash equivalents | 1.8 | 5.7 | 10.0 | 16.1 | 22.1 | 17.4 | −21.6% | |
| Cash & short-term investments | 6.7 | 14.8 | 26.5 | 41.4 | 45.9 | 40.7 | −11.2% | |
| Receivables | 17.8 | 21.7 | 25.2 | 17.0 | 17.1 | 23.7 | +38.3% | |
| Inventory | 0.3 | 2.9 | 1.2 | 3.8 | 1.0 | 1.4 | +34.7% | |
| Total current assets | 35.5 | 55.7 | 78.1 | 138.6 | 86.2 | 114.6 | +32.9% | |
| Property, plant & equipment | 208.0 | 482.7 | 535.5 | 693.9 | 943.0 | 1,210.7 | +28.4% | |
| Goodwill & intangibles | 0.8 | 0.8 | 0.8 | 0.9 | 0.9 | 1.0 | +13.0% | |
| Long-term investments | (1.8) | 27.2 | 41.5 | 36.8 | 51.4 | 71.4 | +39.0% | |
| Total assets | 287.2 | 591.7 | 673.6 | 885.4 | 1,114.0 | 1,441.0 | +29.4% | |
| Payables | 2.4 | 2.4 | 5.7 | 5.4 | 4.0 | 25.1 | +535.9% | |
| Short-term debt | 41.3 | 94.7 | 42.2 | 225.6 | 107.1 | 104.8 | −2.1% | |
| Total current liabilities | 58.0 | 115.1 | 84.4 | 268.1 | 168.9 | 201.5 | +19.3% | |
| Long-term debt | 197.5 | 427.2 | 486.3 | 405.0 | 673.6 | 879.0 | +30.5% | |
| Total debt | 242.1 | 528.3 | 542.2 | 648.6 | 800.4 | 1,014.4 | +26.7% | |
| Net debt | 240.3 | 522.7 | 532.2 | 632.5 | 778.3 | 997.1 | +28.1% | |
| Deferred revenue | 14.7 | 20.4 | 34.7 | 10.3 | 0.0 | 0.0 | — | |
| Total liabilities | 266.0 | 565.5 | 600.1 | 710.9 | 888.3 | 1,142.2 | +28.6% | |
| Total equity | 22.0 | 26.1 | 73.0 | 98.3 | 121.4 | 199.7 | +64.5% | |
| Retained earnings | (7.1) | (3.1) | 5.8 | 7.8 | 30.3 | 44.7 | +47.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
