Adani Enterprises Ltd (AEL) revealed on Thursday that it has made a healthy profit of Rs 1,458 crore for the April–June quarter, a remarkable 116% increase over the same period in the previous fiscal year.
The Adani Group’s flagship company had total income of Rs 26,067 crore, up 13% from Rs 23,016 crore in Q1 FY24. Consolidated EBITDA rose to Rs 4,300 crore, a 48% rise.
Roads, airports, and the developing core infra businesses of Adani New Industries Ltd (ANIL) are continually improving their operational performance.
According to the corporation, the share of these businesses’ overall EBITDA rose to 62% in Q1 FY25 from 45% in Q1 FY24.
Gautam Adani, Chairman of the Adani Group, stated, “AEL is further expanding its position as India’s leading business incubator and a global model in infrastructure development.”
“Our dedication to operational excellence and sustainable value creation is demonstrated by the significant increase in our EBITDA, which is fueled by the outstanding performance of the ANIL ecosystem, our airport operations, and our road construction business,” Gautam Adani continued.
Due to their strong operational performance, the solar manufacturing and wind turbine companies saw their highest ever EBITDA of Rs 1,642 crore, growing 3.6 times YoY. As a result, they currently account for 38% of overall EBITDA.
“AEL is able to consistently set new national and international benchmarks because of its combination of best-in-class management practices, cutting-edge technologies, high ratings, and fully-funded growth strategies,” stated Gautam Adani.
For the first time, the number of passengers carried by air exceeded 90 million in the previous 12 months. Thirteen new flights, six new airlines, and eight new routes were added during the quarter.
This quarter saw the completion of the largest-ever 730 lane-km of work, according to the business.
According to AEL, “the construction of the Ganga Expressway has reached the halfway point, and three of the ten ongoing projects are more than 80% finished.”
In the solar manufacturing industry, module sales climbed by 125% year over year to 1,379 MW, with a 109% increase in exports and a 151% increase in domestic sales.
