adani group – Page 26

Business

APSEZ FY24 net profit jumps 50%, Delivers 3x the India cargo growth rate and a record volume of 420 MMT

May 2, 2024 Vinayak Barot

Ahmedabad, 2 May 2024: Adani Ports and Special Economic Zone Ltd (“APSEZ”) today announced its results for the quarter and twelve months ending 31 March, 2024. Particulars (Rs Cr) Q4 FY24 Q4 FY23 Y-o-Y Change FY24 FY23 Y-o-Y Change Cargo (MMT) 108.7 86.3 26% 419.9 339.2 24% Revenue 6,897 5,797 19% 26,711 20,852 28% EBITDA# […]

Business

Adani Power announces Q4 FY24 results

May 1, 2024 Vinayak Barot

Ahmedabad, May 1st, 2024: Adani Power Ltd. [“APL”], a part of Adani portfolio companies, today announced the financial results for the fourth quarter ended 31st March 2024. Commenting on the quarterly results, Mr. Gautam Adani, Chairman, Adani Group said, “As India transitions to a more sustainable energy future, the Adani Portfolio of companies will continue […]

Business

Adani Wilmar Limited : FY’24 revenue at INR 51,262 Crores

May 1, 2024 Vinayak Barot

The Company’s sales volume continues to grow well, and we have witnessed strong volume growth in both edible oils and foods businesses during the quarter and for the full year, driven by increased retail penetration. The Company recorded revenue of INR 13,238 crores in Q4’24. While edible oils grew by 11% and Food & FMCG […]

Business

APSEZ Secures AAA Rating – India’s First Private Infrastructure Developer With AAA

May 1, 2024 Vinayak Barot

Ahmedabad, 01 May 2024: Adani Ports and Special Economic Zone (APSEZ), proudly announces revision of its credit rating to AAA by CARE Ratings. The top most rating signifies highest level of credit worthiness and the ability to fulfill all its financial guidance. With this development, APSEZ has become the first large sized private infrastructure developer […]

Business

Adani Total Gas FY24 & Q4 Results, Overall Volume up by 15% in FY24 & 20% in Q4 FY24, Y-o-Y

April 30, 2024 Vinayak Barot

Ahmedabad, 30 April 2024: Adani Total Gas Ltd (“ATGL”), India’s leading City Gas Distribution (CGD) company, today announced its operational and financial performance for the full year (FY24) and quarter ended 31st March 2024. “FY24 has been a transformative year for ATGL. We delivered a robust operational and financial performance and achieved a 27% YoY […]

Business

ACC delivers lifetime highest annualised PAT

April 25, 2024 Vinayak Barot

Ahmedabad, April 25, 2024: ACC Limited (ACC), the most trusted legacy brand and one of India’s largest Cement and Building materials company of the diversified Adani Group, today announced robust results for Q4 and full year ended March 31, 2024. The improved performance is attributed to all round improvement in volume, cost and efficiency parameters. […]

Business

Adani Family Completes Ambuja Warrant Subscription Infuses INR 20,000 Cr to increase stake to 70.3%

April 17, 2024 Vinayak Barot

Ahmedabad, 17 April 2024: Ambuja Cements Ltd (Ambuja), the cement and building materials flagship company under Adani portfolio, is pleased to announce a significant development in its growth trajectory. The promoters of the Company – Adani family has fully subscribed to the warrants program in the Company by further infusing INR 8,339 Cr thereby infusing total […]

Business

LIC sees 59 pc jump in value of investments in Adani stocks

April 15, 2024 Vinayak Barot

New Delhi, Apr 14 (PTI) LIC, the state-owned insurance behemoth, has seen a 59 per cent rise in value of its investments in Adani group companies in 2023-24 fiscal year after the conglomerate made a smart recovery since being hammered by a damning short seller report. The value of LIC’s investment in seven Adani group […]

Business

A copper boost for India’s export future

April 6, 2024 Vinayak Barot

From infrastructure development to power transmission, copper plays an important role in shaping growth trajectories of nations around the world, especially developing economies. The unique properties of the metal make it critical for electrical wiring, plumbing, telecommunications, and manufacturing of consumer electronics. As India strives to achieve carbon neutrality goals by 2070, the demand for […]

Business

SVPI Airport introduces Intelligent Cleaning Robots

April 2, 2024 Vinayak Barot

Ahmedabad, April 02, 2024: – Sardar Vallabhbhai Patel International Airport (SVPI) is soaring to new heights in passenger experience with the deployment of a fleet of intelligent cleaning robots – a first for the airport. These robots will ensure sparkling clean terminals, freeing up human staff for other tasks. Gone are the days of tedious […]