Business news – Page 4

Business

Adani Green Energy Wins 1,250 MW Energy Storage Capacity from UPPCL

February 25, 2025 revoi editor

Ahmedabad, 25 February 2025: Adani Green Energy Limited (AGEL) India’s largest renewable energy company, today announced receiving the Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW energy storage capacity from Pumped Hydro Storage Projects (PSP). The project, Panaura PSP, has a minimum commitment for 40 years. It will be […]

Business

Adani to Invest Rs 1,10,00 Crore in Madhya Pradesh

February 24, 2025 revoi editor

To Generate 1.2 Lakh Jobs Across Energy, Infrastructure and Manufacturing Discussing an Additional Rs 1 Lakh Crore in Smart City, Airport and Coal Gasification Projects Bhopal, 24 Feb 2025 : The Adani Group will invest a massive Rs 1,10,000 crore in Madhya Pradesh across pumped storage, cement, mining, smart meters and thermal energy, creating more […]

Business

Adani Portfolio Companies Announce Tax Transparency Reports, Tax Contribution Reach INR 58,104 Cr for 2023-24

February 23, 2025 revoi editor

Ahmedabad, 23 February 2025: In line with its commitment to practising the highest standard of governance and commitment towards all its stakeholders, the Adani Group, a global leader in infrastructure development, has announced the release of its Tax Transparency Reports for the financial year 2023-24. For the financial year 2023-24, the Adani Group’s total global […]

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Adani Portfolio delivers Highest Ever TTM EBITDA of INR 86,789 crore

February 20, 2025 revoi editor

Ahmedabad, 20 February 2025: In line with its commitment to transparency, the Adani Group, India’s largest infrastructure player, today announced the release of Adani Portfolio’s Q3FY25 financial results along with Trailing-Twelve-Month (TTM) details and Credit Compendium. Adani Portfolio companies are now on a high capex path, with a strong base of increasing cashflow generation and […]

Business

Adani Enterprises Ltd announces 9M FY25 results

January 30, 2025 revoi editor

Ahmedabad, January 30, 2025: Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, announced its results today for the quarter and nine months ended December 31, 2024. AEL’s nine-month results represent strength and consistency of its incubating businesses, which have delivered robust operational and financial performance quarter after quarter. Strong growth in the […]

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APSEZ PAT grows 32%, crosses Rs 8,000 crores

January 30, 2025 revoi editor

Ahmedabad, 30 January 2025: Adani Ports and Special Economic Zone Limited (APSEZ) today announced its results for the quarter and nine months ending 31st December 2024. Particulars (Rs Cr) Q3 FY25 Q3 FY24 YoY 9M FY25 9M FY24 YoY Cargo (MMT) 113 109 4% 332 311 7% Revenue 7,964 6,920 15% 22,590 19,814 14% EBITDA1 […]

Business

Adani Power announces 9M & Q3 FY25 results

January 29, 2025 revoi editor

Ahmedabad, 29 January 2025: Adani Power Ltd. [“APL”], a part of Adani portfolio of companies, today announced the financial results for the third quarter ended 31st December 2024. Mr. S B Khyalia, CEO, Adani Power Limited, said, “Adani Power is well on its way to achieve its generation capacity target of 30+ GW by 2030, […]

Business

Ambuja Cements’ PAT grows more than double YoY in Q3 FY’25

January 29, 2025 revoi editor

Ahmedabad, 29 January 2025: Ambuja Cements Limited, the cement and building materials company of the diversified Adani Portfolio, today announced sustainable financial results for Q3 ended December 31, 2024, and nine months (9M) of FY’25. The significant boost in efficiencies, enhanced market presence and cost leadership aligned with Group synergies have been the growth drivers […]

Business

Adani Group Commits Rs 2.3 Lakh Crore Investment In Odisha

January 29, 2025 revoi editor

New Delhi: Adani Group on Tuesday committed to investing Rs 2.3 lakh crore over the next five years across power, cement, industrial parks, aluminium and city gas expansion in Odisha. According to a statement by the group, the investment commitment was made during Utkarsh Odisha 2025 – the state’s investor meeting. Karan Adani, Managing Director […]

Business

Adani Power Retains ‘Buy’ From Ventura On Strategic Positioning, Capacity Expansion

January 24, 2025 revoi editor

Ventura maintained its ‘buy’ rating on Adani Power Ltd. and raised its target price to Rs 806, implying an upside potential of 55%. Enhanced coal availability and business expansion are fueling growth, it said. The company is positioned for future growth through consistent investments in thermal power capacity. Adani Power is strategically positioned with robust […]