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Tag: Adani group profit

Adani Group’s FY24 net jumps 55%; mulls $90-billion capex

Posted on May 31, 2024 By admin
Adani Group’s FY24 net jumps 55%; mulls $90-billion capex

The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad. File | Photo Credit: Reuters Adani group saw a 55% profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a $90 billion capex…

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Adani Group Posts Record Quarterly Profit In Boost To Liquidity

Posted on August 23, 2023 By admin
Adani Group Posts Record Quarterly Profit In Boost To Liquidity

The profitability also buoyed the company’s liquidity. Adani Group posted record profit in the quarter that ended June on the back of its infrastructure and renewable energy businesses. The ports-to-power conglomerate said June quarterly earnings before interest, tax, depreciation and amortization jumped 42% from the same period a year ago to Rs 235 billion ($2.8…

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