Adani Enterprises Ltd, the flagship company of diversified Adani Group, on Tuesday reported a healthy 6.6 times net profit growth at Rs 1,741 crore in the second quarter this fiscal (Q2 FY25), from Rs 228 crore in the year-ago period.
The company achieved 2.5 times net profit growth at Rs 3,196 crore compared with last fiscal's Rs 902 crore for the first six months of this fiscal. Its revenues grew by 14% to Rs 49,263 crore in H1 FY25.
For the half-year period comprising April-September, the highest ever EBITDA (earnings before interest, taxes, depreciation, and amortization) of Rs 8,654 crore reported a 47% surge for Adani Enterprises Ltd. Consolidated PBT rose by 137 per cent at Rs 4,644 crore, which rides on continued strong operational performance by the ANIL ecosystem and airports.
The emerging core infra businesses of the company reported half-yearly EBITDA of Rs 5,233 crore, with an increase of 85% on a year-on-year basis due to robust operational performance, the company said in a statement.
Adani Enterprises Ltd (AEL) will continue investing in core sectors such as logistics and energy transition and also into adjacent sectors that fuel economic growth. Half-year records have been led by ANIL and AAHL that have rapidly grown to enhance the capacity addition and assets used, said Gautam Adani, Chairman of Adani Group.
"Outperformance is a result of focused execution of greenfield projects in ANIL across three giga-scale integrated manufacturing plants and fast-tracking Navi Mumbai International Airport. The accelerated results are seen," Gautam Adani said.
AEL through qualified institutional placement (QIP) raised Rs 4,200 crore wherein it was subscribed with international as well as domestic investors participation.
The company and its subsidiaries have also raised Rs 3,874 crore through issuances of NCDs which were subscribed by a diversified set of investors.
"AEL is poised to repeat this turbo growth across data centres, roads, metals and materials and specialized manufacturing. AEL continues to invest in innovative technology across its platforms to support this high growth phase," said Gautam Adani.
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