AHMEDABAD, India–(BUSINESS WIRE)–#Adani–Adani Portfolio today released its half yearly financial performance update. The integrated business portfolio, which focusses on fortifying India’s infrastructure development, has delivered a strong performance across all its businesses. The substantial cash flows from these businesses lay the foundation for sustained future growth.
“The incubation continues to be a success story with Airports, Green Hydrogen and other incubating assets emerging strongly and now contributing near 8% of the portfolio EBITDA,” said Jugeshinder (Robbie) Singh, Group CFO. “The Portfolio has withstood the test of time and has a track record of tremendous growth in spite of macroeconomic and other challenges.”
H1 FY24 Highlights:
In the first half of fiscal year 2024, the Adani portfolio of companies demonstrated robust financial performance while further enhancing its strong credit profile.
Financial Highlights:
Major Business-wise Highlights:
About The Adani Portfolio
Headquartered in Ahmedabad, the Adani Portfolio is the largest and fastest-growing portfolio of diversified businesses in India with interests in Logistics (seaports, airports, logistics, shipping and rail), Resources, Power Generation and Distribution, Renewable Energy, Gas and Infrastructure, Agro (commodities, edible oil, food products, cold storage and grain silos), Real Estate, Public Transport Infrastructure, Consumer Finance and Defence, and other sectors. Adani owes its success and leadership position to its core philosophy of ‘Nation Building’ and ‘Growth with Goodness’ – a guiding principle for sustainable growth. The Group is committed to protecting the environment and improving communities through its CSR programmes based on the principles of sustainability, diversity and shared values. Further information at www.adani.com.
Contacts
For media queries, please contact: Roy Paul; roy.paul@adani.com
UOT Named First Official Importer in Asia for the Award-Winning Blender of Unique, Aged, Cask…
Government of Canada funding for additional engineering and test work to build on and complement…
DUBLIN--(BUSINESS WIRE)--The "Asia-Pacific Pathogen or Plant Disease Detection and Monitoring Market: Focus on Application, Product,…
DUBLIN--(BUSINESS WIRE)--The "Maldives Insurance Industry Market, Key Trends and Opportunities to 2028" report has been…
DUBLIN--(BUSINESS WIRE)--The "Asia-Pacific Electric Vehicle (EV) Charging Communication Unit Market: Focus on Vehicle Type, Propulsion…
SurveyMonkey and Parity find the fandom gap is closing around the world, but women athletes…