Ahmedabad : Adani Group, India’s leading industrial conglomerate, released its financial results for the first half of fiscal year 2025 (H1FY25) and trailing 12 months (TTM). Adani Portfolio has been performing brilliantly and has taken its total assets to ₹5.53 lakh crore.
Continuous EBITDA growth has reached its highest level ever, with EBITDA in H1FY25 of Rs 44,212 crore (a growth of 1.2 percent year-on-year), leading to TTM EBITDA 83,440 crore (year-on-year growth of 1.2 percent, up 17.1 percent). base).
After adjusting for non-recurring revenue from the previous period at Adani Power, EBITDA growth was 25.5 per cent for H1FY25 and 34.3 per cent for TTM, respectively.
The group said run-rate EBITDA, which includes annualization of profits from newly decommissioned assets, now stands at Rs 88,192 crore.
“This broad but resilient growth can be attributed to Adani’s strategic focus on its infrastructure platform, which provides high stability and predictability,” Adani Group said in a statement.
“All portfolio companies have sufficient liquidity to meet all debt service requirements for at least the next 12 months,” it said. “The debt maturity for each year through FY34 is less than the TTM ending September 2024.”
Funds from operations (FFO) rose to Rs 58,908 crore during the 12 months ending September 2024, up 28.4 per cent year-on-year.
The strong performance in the first half was led by Adani Enterprises Limited’s (AEL) emerging infrastructure businesses, including solar and wind manufacturing, part of a fully integrated green hydrogen chain, airports and highways, as EBITDA of these incubation businesses grew. increase of 70.14 percent in the first half of FY25.
Adani Enterprises’ core infrastructure businesses (utilities, transportation and infrastructure) accounted for 86.8 per cent of total EBITDA in H1FY25.
“Net debt to EBITDA was 2.46 times, well below guidance of 3.5 to 4.5 times,” the group reported.
AEL’s infrastructure businesses led the overall growth with 70.1 percent year-on-year growth in H1FY25. These businesses include solar and wind energy manufacturing (part of the green hydrogen production chain) , airports and highway businesses.
