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Adani Portfolio Delivers Highest Ever EBITDA Growth, Jumps 47% y-o-y in H1FY24; Crosses Rs 43K cr

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Ahmedabad, 11 December 2023: Adani Portfolio today released its half yearly financial performance update. The integrated business portfolio, which focusses on fortifying India’s infrastructure development, has delivered a strong performance across all its businesses. The substantial cash flows from these businesses lay the foundation for sustained future growth.

“The incubation continues to be a success story with Airports, Green Hydrogen and other incubating assets emerging strongly and now contributing near 8% of the portfolio EBITDA,” said Jugeshinder (Robbie) Singh, Group CFO. “The Portfolio has withstood the test of time and has a track record of tremendous growth in spite of macroeconomic and other challenges.”

 H1 FY24 Highlights:

In the first half of fiscal year 2024, the Adani portfolio of companies demonstrated robust financial performance while further enhancing its strong credit profile. 

Financial Highlights:

Major Business-wise Highlights: