Adani Portfolio Achieves Record 63.6% Profit Growth, Paving the Way for Unprecedented Green Investments
In a groundbreaking development, the Adani Portfolio of companies recorded a remarkable quarterly profit growth of 63.6 per cent, with trailing 12-month EBITDA standing at Rs 78,823 crore ($9.5 billion), marking a significant increase over the previous fiscal years.
The core infrastructure platform generated Rs 66,208 crore ($8 billion) EBITDA over the last 12 months, showcasing a steady growth trajectory, and domestic and international rating agencies have upgraded or positively revised the outlook for all key Adani portfolio companies, signaling a positive market sentiment.
Adani Group Founder and Chairman Gautam Adani has pledged to invest $100 billion in India’s green energy transition over the next decade, with plans to expand solar manufacturing capacity to 10 GW by 2027. The company remains conservatively leveraged with strong financial indicators and has maintained high liquidity with a healthy cash balance.
Various portfolio companies have secured substantial investments through market access, drawing funds worth Rs 91,290 crore from different sources. Emerging businesses such as the ANIL ecosystem, airports, roads, and green energy-powered data centers have shown promising growth, contributing significantly to the overall EBITDA of Adani Enterprises Limited.
Several operational achievements have been reported across different portfolio companies, including the completion of the Kharghar Vikhroli Transmission Line and the milestone of Adani Electricity Mumbai supplying 35% renewable power in the city’s electricity mix. Adani Ports & SEZ, Adani Total Gas Limited, and Adani Green Energy have also made significant strides in expanding their operational capacity and networks.
On the ESG front, Adani Green Energy Limited was ranked first in the ESG assessment, underscoring the company’s commitment to environmental, social, and governance practices. With a clear focus on sustainability and growth, the Adani Portfolio continues to set new benchmarks and drive innovation in the infrastructure and energy sectors.
