Business news – Page 20

Adani Transmission Limited : Consolidated Results for Q2 FY22 and 1H FY22

October 30, 2021 sanket

PAT of Rs. 289 Cr in Q2FY22, up 35% YoY PAT of Rs. 722 Cr in 1HFY22, up 27% YoY Cash profit of Rs. 1,562 Cr in 1HFY22 Revised Board Charter approved; Establishment of Corporate Responsibility Committee of the Board to provide assurance for all ESG commitments Operational Highlights Q2FY22: Transmission Operationalized 486 ckm in […]

Business

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 Enterprises Ltd Q2 FY22 Results

October 27, 2021 sanket

Took over Jaipur, Guwahati and Thiruvananthapuram Airports in Oct 21 Consolidated EBIDTA for H1 FY22 increased by 77% to Rs. 2,210 crore (YoY) Revised Board Charter implemented; Establishment of Corporate Responsibility Committee of the Board to provide assurance for all ESG commitments Note – AEL being an incubator, has businesses which are established as well […]

Business

APSEZ – H1 / FY22 – Cargo Volume up 47% & Total Revenue up 56%

October 27, 2021 sanket

Consolidated Revenue of Rs.8,089 Cr – a growth of 56% Consolidated EBITDA of Rs.4,826 Cr – a growth of 47% Port EBIDTA of Rs.4,458 Cr – a growth of 47% Achieved total cargo volume of 144 MMT – a growth of 47% Market share in All India cargo increased by 310 bps to reach 28.6% […]

Adani Green Energy closes India’s largest renewables M&A deal for USD 3.5 Billion; a 46% increase in operational capacity

October 4, 2021 sanket

SB Energy India is now 100% subsidiary of AGEL The transaction is for a fully completed enterprise valuation of USD 3.5 Bn (~Rs. 26,000 Cr) The acquired portfolio comprises ~100% sovereign rated counterparties. Average tariff for the portfolio is Rs. 2.75 per unit Transaction completed in less than four months with thorough due diligence, statutory […]

Business

Adani Green Energy to acquire 40 MW operational Solar Asset in Odisha

September 30, 2021 sanket

AREMHL, a subsidiary of AGEL, has signed definitive agreements for 100% acquisition of a special purpose vehicle (SPV) operated by Essel Green The SPV comprises of 40 MW operating solar project in Odisha The project has a 25-year PPA with SECI The acquisition is at an enterprise valuation of Rs 219 Cr With this acquisition, […]

Business

QX Global Group wins the GUJARAT STATE BEST EMPLOYER BRAND AWARDS 2021

September 29, 2021 sanket

Ahmedabad, September 24, 2021 – QX Global Group, one of India’s leading knowledge process outsourcing company, was today conferred with the coveted Gujarat State Best Employer Brand Award for 2021. The recognition is endorsed by CHRO Asia, a non-profit and certified by the World Federation of HR Professionals. The award recognizes QX’s Global Blue-Chip professionalism with […]