Economic Growth Driver
Gautam Adani, Chairman of the Adani Group, emphasized the importance of AEL’s achievements, stating that the company’s focus on logistics, energy transition, and other sectors is pivotal for the nation’s economic growth. This remarkable half-year performance has been led by Adani New Industries Limited (ANIL) and Adani Airport Holdings Limited (AAHL), which have been at the forefront of the company’s strategic initiatives.
Focus on Major Projects
AEL is strategically channeling efforts into the development of three gigascale manufacturing plants under ANIL and advancing the Navi Mumbai International Airport project. These initiatives are expected to propel the company’s growth further. Additionally, AEL is set to replicate this growth across its various platforms, including data centers, roads, metals, materials, and specialized manufacturing, while investing in new technologies.
Impressive Financial Metrics
The financial highlights for AEL reflect significant growth:
- Revenue surged by 14% to reach ₹49,263 crore.
- EBITDA saw a remarkable 47% increase, standing at ₹8,654 crore.
- Profit Before Tax (PBT) skyrocketed by 137% to ₹4,644 crore.
- AEL successfully raised ₹4,200 crore through Qualified Institutional Placement (QIP), which received substantial subscription from both international and domestic investors.
- The company and its subsidiaries also secured ₹3,874 crore through the issuance of Non-Convertible Debentures (NCDs).
