Ahmedabad, 24 September (IANS). The EBITDA of Adani Group (income before interest, tax, deprotiation and amortization) has increased to Rs 89,806 crore in FY25, which was Rs 57,205 crore in FY 23, it shows a compound annual growth rate (CAGR) and 57 percent or 32,601 crore on a annual basis. This information was given by Gautam Adani, Chairman of Adani Group.
At the same time, Gautam Adani said that despite the allegations made by Hindonburg Research, the most true evidence of our strength is not clear from our performance, not in words.
Adaani Group’s gross block has increased to Rs 6,09,133 crore in FY 25, which was Rs 4,12,318 crore in FY 23.
In a letter to the shareholders, the billionaire businessman said, “This is an additional investment of about 2 lakh crore rupees, which has increased by 48 percent in only two years. Also, we have delivered transformational projects, which have new to India’s infrastructure landscape and this has strengthened the country’s global status.”
The Group launched India’s first container transmission port in the Colombo West International Terminal as well as Vizhinjam and is the 6 GW renewable capacity pair, including the world’s largest single location renewable plant being developed at Khawda.
The group has launched the world’s largest copper smelter and metallurgical complex and has expanded its energy network with 7,000 circuit kilometers transmission lines and 4 GW of new thermal capacity in India and abroad.
Gautam Adani said, “The purpose of which we were to harm us, have become a decisive turn by strengthening our foundation, intensifying our ambitions and confirming our responsibility of building the scale, speed and strong for the future of India.”
The chairman of Adani Group further said, “However, when this storm was spreading rapidly, I was still fully aware of the concern arising for our investors, lenders, suppliers and partners. Your trust kept us stable, your patience handled us and your faith gave us courage. For this extraordinary support, I am a heartfelt deception.”
With the new confidence and gratitude, Gautam Adani said, “I am ready to write the next and best chapters of the growth of Adani Group together and create a future in line with India’s aspirations.”
-IANS
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