Business news – Page 22

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Business

Sensex surges 743 points from day’s low, Nifty50 ends flat, Adani stocks rally up to 9%

June 18, 2021 sanket

New Delhi: A smart intraday rebound helped equity benchmarks recover their initial losses on Friday. Indian markets witnessed a pause in their bearish tone led by a rally in pharma and IT stocks. The benchmark Sensex and Nifty 50 traded higher led by positive global cues as bond yields dive. During initial trading sessions, Sensex […]

Business

Cyclone Tauktae: Media statement of APSEZ regarding the preparedness to tackle the emerging situation

May 17, 2021 sanket

Ahmedabad: We have initiated all actions in line with our Disaster Management Plan and SOPs thereof at Dighi, Hazira, Dahej, Mundra, and Tuna terminal. The SOPs are all-encompassing covering people safety, vessel safety, equipment safety, backup yard safety, vehicle & Railway safety as well as storm water drainage, etc. We have simultaneously stocked medicines, dry […]

Business

Adani Transmission Limited Consolidated Results for FY21 and Q4FY21

May 7, 2021 sanket

Cash profit of Rs. 2,929 Cr in FY21, up 45% YoY PAT of Rs. 1,290 Cr in FY21, up 82% YoY Cash profit of Rs. 639 Cr in Q4, up 51% YoY PAT of Rs. 257 Cr in Q4, up 333% YoY Operational Highlights FY21: Transmission Robust Transmission system availability at 99.87% Distribution Maintained supply […]

Business

Adani Power announces Q4 FY21 consolidated results

May 6, 2021 sanket

Q4 FY21 EBITDA grows to Rs. 2,143 Crore, up by 496% y-o-y FY21 EBITDA grows to Rs. 10,597 Crore, up by 50% y-o-y Consolidated total revenue for Q4 FY21 at Rs. 6,902 Crore vs Rs. 6,328 Crore in Q4 FY20 Consolidated EBITDA for Q4 FY21 at Rs. 2,143 Crore vs Rs. 360 Crore in Q4 […]

Business

AGEL added 925 MW operational capacity in FY21 despite pandemic

May 6, 2021 sanket

AGEL has been awarded/ declared L1 bidder for 13,550 MW new renewable projects in FY21 taking locked-in growth up to ~ 20,000 MW (1) AGEL’s Total Income for FY21 up by 34% YoY at Rs. 3,520 cr Sale of Energy for FY21 up by 25% YoY at 5,482 mn units Solar portfolio Plant availability up […]

Business

Adani Enterprises Ltd Q4 FY21 Results

May 5, 2021 sanket

Consolidated EBIDTA increased by 65% to Rs. 1068 Cr (YoY) Attributable Profits (Before Exceptional Items) increased to almost 7 times at Rs. 413 crore Acquisition of 23.5% stake in Mumbai International Airport Shareholders value increased at CAGR of 113% in last 4 years* Operational Highlights Q4 FY21 (YoY Basis) : Solar Manufacturing volume increased by […]

Business

Adani Total Gas Ltd Q4 FY21 Results

May 4, 2021 sanket

Highest ever EBITDA of INR 224 Cr; 25% rise over Q4 FY20 Revenue from Operations at INR 614 Cr CNG Stations increased to 217 Operational Highlights Q4 FY21 (Standalone): Combined volume of CNG and PNG achieved @ 166 MMSCM vs 145 MMCM in Q4 FY20 Average Volume in Q4 FY21 increased to 85 MMSCMD as […]

Business

APSEZ announces Q4 and FY21 Results

May 4, 2021 sanket

PBT at Rs.6,292 cr. a growth of 48% and PAT at Rs.5,049 cr. a growth of 33% in FY21 FY21 (Y o Y) Handled a cargo volume of 247 MMT, registering a growth of 11% Container volume at 7.2 million TEUs, market share improves by 5% to 41% Total Revenue at Rs.12,550 cr., a growth […]

Business

Adani Electricity brings Green Energy to Mumbai Customers

April 7, 2021 sanket

Offers Customized Green Energy Solutions to All Customers #GreenEnergyforAdaniCustomers Adani Electricity Mumbai Limited (AEML) to source 30% of total electricity from renewable sources by 2023. Contracts awarded post MERC approvals In addition, another 1000 MW with a large component of Green energy has been proposed for approval of MERC AEML offers Green Energy flexibility to […]

Adani Ports increases its ownership from 75% to 100% in Krishnapatnam Port by acquiring Vishwasamudra Holdings’ 25% stake for Rs. 2,800 Crs.

April 5, 2021 sanket

Adani Ports (APSEZ) acquires 25% from Vishwa Samudra Holdings in Krishnapatnam Port for RS. 2,800 Cr The 100% acquisition of Krishnapatnam Port implies a 10.3x multiple on FY21 EBITDA and further enhances shareholder value Krishnapatnam Port being India’s second largest private sector port has a strong growth potential with a masterplan capacity of 300 MMTPA […]