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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…
Read More “Adani Group’s FY24 net jumps 55%; mulls $90-billion capex” »
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…
Read More “Adani Group Posts Record Quarterly Profit In Boost To Liquidity” »