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Business

Adani Portfolio delivers robust results, asset base exceeds record Rs 5 lakh crore

November 25, 2024 08:36 AM

Ahmedabad, Nov 25 || The Adani Portfolio of companies on Monday reported record results for the first half of this fiscal (H1 FY25) as well as the trailing-twelve-month (TTM) period. In H1 FY25, the portfolio companies invested Rs 75,277 crore, increasing the total gross assets to a record Rs 5.53 lakh crore.

Consistently advancing EBITDA reached its highest ever, For H1 FY25, EBITDA stood at Rs 44,212 crore (up 1.2 per cent YoY), taking TTM EBITDA at Rs 83,440 crore (up 17.1 per cent YoY).

After adjusting for the non-recurring previous period’s income in Adani Power, the EBITDA growth was at 25.5 per cent for H1 FY25 and 34.3 per cent for TTM, respectively.

Run-rate EBITDA, which includes annualisation of profits from recently operationalised assets, is now at Rs 88,192 crore, said the Group.

“This expansive yet resilient growth is attributed to Adani’s strategic focus on its infrastructure platform, which provides high stability and predictability,” the Adani Group said in a statement.

“All portfolio companies have sufficient liquidity to cover all debt servicing requirements for at least the next 12 months. Debt maturities for each year until FY34 are less than TTM ended September 2024,” it added.

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