Adani Enterprises Ltd (AEL), a key company of the Adani Group, has shown remarkable growth with a 90-fold surge in net profit to Rs 5,627 crore in the October-December quarter compared to the previous year. The company disclosed that for the first nine months of the fiscal year, its consolidated EBITDA reached Rs 11,985 crore, with revenue hitting Rs 69,756 crore. AEL has demonstrated consistent operational excellence by initiating operations at the Navi Mumbai airport within five years of acquisition.
Adani Enterprises Ltd has further solidified its performance by completing two HAM road projects and unveiling a new terminal building at Guwahati airport within the set timelines. Gautam Adani, the Chairman of the Adani Group, praised the company’s strategic focus and resilient execution, highlighting the successful operational performance in the initial nine months of the fiscal year. He emphasized the significance of the commencement of operations at the Navi Mumbai International Airport as a major milestone in their commitment to developing critical national assets efficiently.
The company’s achievements also include a successful rights issue that raised Rs 24,930 crore, witnessing a 30% oversubscription from the market. Additionally, Adani New Industries (ANIL-Green Hydrogen Ecosystem) reported strong module sales exceeding 1 GW per quarter, with domestic solar module sales surging by 40% to 997 MW. Adani Solar (ANIL) has now secured a position among the top 10 global solar manufacturers.
Adani Enterprises Ltd’s water business received a letter of intent (LoA) for the Mithi river project, while the ACX data center expanded its operational capacity to 50+MW after operationalizing 14.4 MW. Gautam Adani reiterated the company’s commitment to fostering globally competitive businesses that integrate economic value creation with sustainability, technological leadership, and long-term national impact as India progresses towards a $5 trillion economy.
