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AESL deepens its footprint in Khavda with the award of 7 GW Renewable Energy Evacuation Transmission Network

September 2, 2024 Vinayak Barot

Ahmedabad, 02 September 2024: Adani Energy Solutions Ltd (AESL), India’s largest private transmission and distribution company and part of the globally diversified Adani portfolio, today said that it has completed SPV acquisition of Khavda Phase-IV Part-A transmission project after receiving a letter of intent (LOI) from REC Power Development and Consultancy Ltd. The award of […]

Business

Stronger than ever: Adani Portfolio delivers record performance

June 2, 2024 Vinayak Barot

Ahmedabad, 2 June 2024: In line with our commitment to upholding the highest standards of transparency, we are pleased to release the Adani Portfolio’s Credit and Result compendium for financial year 2023-24. These offer deep insights into the financial performance of the portfolio, reinforcing our dedication to providing clear and detailed information to stakeholders and […]

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 Portfolio leading the way in ESG

December 12, 2023 Vinayak Barot

Ahmedabad, 12 December 2023: Adani Group, India’s largest integrated infrastructure developer, today released its half-yearly ESG compendium, showing significant progress in its decarbonization pathway and its ambition to support the global net zero journey. The group, which is at the forefront of India’s green energy transition, has set a target to become net zero by […]

Business

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

December 11, 2023 Vinayak Barot

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 […]

Business

Adani portfolio delivers a Stellar Performance; EBITDA grows 42% Y-o-Y to INR 23,532 crore in Q1 FY24

August 23, 2023 Vinayak Barot

Ahmedabad, 23 August 2023: The Adani Group portfolio delivered yet another outstanding performance with all-time high quarterly profit (EBITDA) of INR 23,532 crore, 42% higher year-on-year. The June quarter FY24 results compendium for its portfolio of listed companies were released today. The core infrastructure and utility platform, which generates stable and assured cashflows, accounted for […]

Business

significant interest in various aspects of the Adani portfolio of companies over the past two weeks

February 15, 2023 Vinayak Barot

We are pleased to share the financial results of Adani Enterprises Ltd. As you all know, there has been significant interest in various aspects of the Adani portfolio of companies over the past two weeks. Jugeshinder [Robbie] Singh, CFO, Adani Enterprise said so. First, let me say that we are laser focused on continuing our business momentum, […]