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Flipkart enters into Strategic Partnership with Adani Group to Strengthen Logistics and Data Centre Capabilities

October 30, 2021 sanket

New fulfilment centre spread across 5.34 lakh sq. ft. to be opened in Mumbai Data Centre to be established at AdaniConneX’s Chennai facility Partnership to create ~2,500 direct jobs and thousands of indirect jobs Bengaluru & Ahmedabad; 12th April 2021: Flipkart, India’s leading homegrown e-commerce marketplace, today announced a strategic and commercial partnership with the […]

Business

Adani Total Gas Q2 FY22 Results

October 29, 2021 sanket

Revenue from Operations – INR 687 Cr increase of 56% EBITDA – INR 246 Cr increase of 13% CNG Stations increased to 244 Exit volume during Q2 increased to 2.09 MMSCMD from 1.79 MMSCMD in Q1 Operational Highlights Q2 FY22 (Standalone) Y-o-Y: Commissioned 20 New Stations, the total CNG Stations now increased to 244 Added […]

Adani Green Energy Ltd Q2 & H1 FY22 RESULTS

October 28, 2021 sanket

Operational Capacity increased by 93% to 5,410 MW on YoY basis Revenue from Power Supply increased by 48% YoY to Rs. 1,682 cr in H1 FY22 Cash Profit increased by 45% to Rs. 859 cr in H1 FY22 Joined CDP’s The Science Based Targets Initiative Incubator Project (SBTiIP) Revised Board Charter implemented AGEL’s overall renewable […]

Adani Transmission raises USD 700 Mn in one of Asia’s largest revolving project financing deals

October 28, 2021 sanket

Facility to fund ATL’s green infrastructure thrust With this senior debt facility, contracted with eight international banks, ATL will finance its under-construction transmission network portfolio Manifests ATL’s overall Capital Management Plan and brings it closer to its goal of 20,000 ckt km of transmission lines by 2022 The unique capex revolving structure of the facility […]

Business

Adani Group to acquire MBCPNL portfolio from Sadbhav Infrastructure at an Enterprise Value of Rs.1,680 crore

August 17, 2021 sanket

Gateway connects Maharashtra with 6 neighbouring states, will cover over 20% of the commercial road traffic in India Adani Road Transport Ltd (ARTL) will acquire Maharashtra Border Check Post Network Ltd (MBCPNL). ARTL will acquire 49% at first, with the option to acquire additional stake, subject to approvals MBCPNL has 24 integrated checkposts with exclusive […]

Business

Adani Power Q1 FY22 results

August 6, 2021 sanket

Q1 FY22 Revenues 35% higher y-o-y at Rs. 7,213 Crore Q1 FY22 EBITDA 49% higher y-o-y at Rs. 2,292 Crore Q1 FY22 PAT registered at Rs. 278 Crore as compared to loss of Rs. (-) 682 Crore in Q1 FY21 Strong recovery in India’s electricity demand in Q1 FY22 at 341 Billion Units [‘BU’], a […]

Adani Transmission Limited Consolidated Results for Q1FY22

August 5, 2021 sanket

Double-digit revenue growth in both Transmission and Distribution Cash profit of Rs. 870 Cr PAT of Rs. 433 Cr, up 22% YoY Operational Highlights Q1FY22: Transmission Robust Transmission system availability at 99.85% Distribution Maintained supply reliability at 99.99% (ASAI) despite disruption in Mumbai in Q1 Total units sold grew by 17.8% YoY to 2,036 million […]

Business

Adani Enterprises Ltd Q1 FY22 Results

August 5, 2021 sanket

Completed acquisition of Mumbai International Airport Consolidated EBIDTA increased by 215% to Rs. 948 crore (YoY) Attributable Profits increased by 8 times to Rs. 271 crore (YoY) Operational Highlights Q1 FY22 (YoY Basis): a) Developing Business:- Completed acquisition of Mumbai International Airport Handled 3.5 Mn Passengers in four operation Airports Signed […]

Business

“Airport Garba” & Tragedy of a Derailed Engine

July 22, 2021 sanket

Dr. Shirish kashikar Ahmedabad, July 22, 2021: After a long time once again MNS i.e. Maharashtra Navniraman Sena chief is back in limelight, for obvious reasons of community bashing. This time he has targeted “Adani group”. He is indirectly targeting Gujarati community by creating an unnecessary ruckus on a cultural event happened on Adani owned Mumbai […]

Business

Adani Group strongly believes in compliance of applicable laws: Adani Group Spokesperson

July 19, 2021 sanket

Adani clarifies about SEBI & DRI investigation by issuing a media statement Ahmedabad, July 19, 2021: With reference to the news item about the investigation by SEBI in Adani Group companies with respect to the compliance of SEBI Regulations. Further, the reports also refers to the DRI investigation. In this respect, we would like to […]