August, 20, 2024
Growth powered by Adani Enterprises’ emerging Businesses—Solar & Wind manufacturing (part of Green Hydrogen Production Chain), Airports & Roads
In line with its commitment to transparency, Adani Group, one of South Asia’s leading infrastructure conglomerate, today announced the release of the Adani Portfolio’s latest Results and Credit Compendium. The Results Compendium provides a comprehensive overview of the financial performance of Adani Portfolio and the Credit Compendium offers in-depth insights into the portfolio’s robust credit strength.
The strong performance for the quarter was led by Adani Enterprises' emerging businesses, including solar and wind manufacturing—India’s largest and part of a fully integrated green hydrogen chain—as well as its airports and roads sectors. These fast-growing businesses now contribute 13.3% to the portfolio-level Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) up from 7.2% a year ago.
This expansive yet resilient growth is attributed to Adani's strategic focus on its infrastructure platform, which provides high stability and predictability.
Adani Enterprises
Adani Green Energy
Adani Energy Solutions
Adani Cements
Photo Caption- Khavda: Total operationalized capacity now at 2250 MW with 250 MW Wind Capacity addition in July
Video Story