Adani group
There has been a strong increase in the income of Adani Group from port to energy sector. According to the information given by the group on Tuesday, the companies of Adani Group recorded the highest tax of the highest tax in FY 2024-25 to around Rs 90,000 crore and had cash for payment of 21 months. The income of these companies of the group to 3 times the income before the interest, tax, depreciation and refinement (Ebitda) was 3 times in six years. It increased from Rs 24,870 crore for the financial year 2018-19 to Rs 89,806 crore in 2024-25. These companies increased by 8.2 percent in the previous financial year as against the tax-pre-income financial year 2023-24. The annual growth rate from his six financial years (from 2018-19 to 2024-25) was 24 percent.
Net profit stood at Rs 40,565 crore
The net profit of Adani Group in FY 2024-25 was ₹ 40,565 crore, which reflects the annual growth rate (CAGR) of 48.5% in the last six years. According to the statement, gross assets of the group increased to ₹ 6,09,133 crore in six years with an annual increase of more than 25%. By the end of the financial year, the total loan of the group reached ₹ 2.9 lakh crore, which was ₹ 2.41 lakh crore in 2023-24. However, after adjusting the cash of ₹ 53,843 crore, the net loan of the group was ₹ 2.36 lakh crore. The group stated that the current cash reserves are sufficient to meet the next 21 months of loan payment obligations, which is a sign of financial stability.
Better performance than top companies in the world
According to Adani Group, the return of the group on assets (ROA) reached 16.5% in FY 2024-25, one of the highest levels among infrastructural companies globally. The group’s Chief Finance Officer Jugeshinder ‘Robbie’ Singh, describing it as a major attraction of this financial year, said that the performance reflects the Group’s strong assets and the best quality assets to constantly prepare the ability to prepare the best quality assets. He reported that 82% of the group’s tax-pre-income contribution comes from the highly stable major infrastructure platform, which reflects the company’s financial strength and long-term approach.
Latest business news