Adani Portfolio Delivers Highest Ever EBITDA Growth, Jumps 47% y-o-y in H1FY24; Crosses Rs 43K Cr
Retrieved on:
Tuesday, December 12, 2023
Other Transport, Alternative Energy, Energy, Transport, Utilities, Hydrogen, EBITDA, Green hydrogen, Yoy, Airport, Adani Ports & SEZ, ACC, USD, Adani Power, Ambuja Cements, Adani Enterprises, Compound annual growth rate, Growth, AEL, Adani Green Energy, Overalls, INR, SEZ, Renewable energy, Bookkeeping, Adani
The integrated business portfolio, which focusses on fortifying India’s infrastructure development, has delivered a strong performance across all its businesses.
Key Points:
- The integrated business portfolio, which focusses on fortifying India’s infrastructure development, has delivered a strong performance across all its businesses.
- During the period, the portfolio level EBITDA stood at Rs 43,688 Cr (USD 5.3 billion), up 47% YoY.
- These businesses include the utility (Adani Green Energy, Adani Energy Solutions, Adani Power and Adani Total Gas), transport (Adani Ports & SEZ) and other infrastructure businesses (those being incubated by Adani Enterprises – green hydrogen integrated manufacturing, airports and roads).
- The incubation under Adani Enterprises continues to progress well, with the assets contributing 8% of the overall EBITDA.