Ahmedabad
The Adani Group on Monday has reported record-breaking results for the first half of FY25, with its asset base surpassing Rs 5.53 lakh crore. The portfolio companies invested Rs 75,277 crore in H1 FY25, marking a strong performance across infrastructure, energy, and emerging sectors.
EBITDA for H1 FY25 stood at Rs 44,212 crore, a modest 1.2% year-on-year (YoY) rise. However, after adjusting for one-time income in Adani Power last year, EBITDA growth surged by 25.5% in H1 FY25 and 34.3% in the trailing 12-month (TTM) period, reaching Rs 83,440 crore.
The group’s run-rate EBITDA, which includes profits from new operational assets, now stands at Rs 88,192 crore. Adani attributes this steady growth to its robust infrastructure platform, providing predictable revenue streams.
Adani Enterprises Ltd (AEL) led the growth, with its emerging businesses in solar, wind, green hydrogen, airports, and roads posting a remarkable 70.1% YoY EBITDA increase in H1 FY25. These ventures now account for 86.8% of the group’s total EBITDA.
The group’s debt position remains stable, with sufficient liquidity to meet all obligations for the next 12 months. Net Debt to EBITDA stands at 2.46x, significantly below the guidance range of 3.5x to 4.5x.
Funds flow from operations (FFO) rose 28.4% YoY to Rs 58,908 crore for the 12 months ending September 2024, further supporting growth.
With consistent performance across its core and emerging sectors, Adani Group continues to strengthen its position as a leader in India’s infrastructure and green energy transformation.
