Business

Adani Enterprises Reports 6.6x Surge In Q2 FY25 Net Profit; Reaching Rs 1,741 Crore

On Tuesday, Adani Enterprises Ltd (AEL), the flagship firm of the Adani Group, announced a staggering net profit increase of 6.6 times, reaching Rs 1,741 crore for the second quarter of the current fiscal year (Q2 FY25).

This figure marks a substantial rise from Rs 228 crore reported during the same period last year.

Over the first half of FY25 (H1 FY25), AEL showcased a robust 2.5 times growth in net profit, totaling Rs 3,196 crore, compared to Rs 902 crore in the corresponding period of the previous fiscal year.

Additionally, the company’s revenue surged by 14%, amounting to Rs 49,263 crore in H1 FY25.

The company reported its highest-ever half-yearly EBITDA of Rs 8,654 crore for the April-September period, a remarkable 47% increase.

The consolidated profit before tax (PBT) also saw an impressive rise, climbing 137% to reach Rs 4,644 crore, largely attributed to the strong performance of its Adani New Industries Ltd (ANIL) and the airport sector.

In a statement, AEL highlighted the robust performance of its emerging core infrastructure businesses, which generated an EBITDA of Rs 5,233 crore, marking an 85% year-on-year increase driven by exceptional operational efficiencies.

Gautam Adani, Chairman of the Adani Group stated, “Adani Enterprises Ltd (AEL) continues to focus on investing in logistics, energy transition and adjacent sectors that are core to the economic growth of the country. This record-breaking half-year performance has been led by Adani New Industries Ltd (ANIL) and Adani Airport Holdings Ltd (AAHL) with their rapid growth in capacity additions and asset utilisation.”

“Our focus on execution of greenfield projects in ANIL across three giga-scale integrated manufacturing plants and the accelerated development of Navi Mumbai International Airport are driving these robust results,” he asserted.

AEL Raises Rs 4,200 Crore Via QIP & Rs 3,874 Crore Through NCDs For Expansion

To fuel its expansion plans, AEL successfully raised Rs 4,200 crore through a qualified institutional placement (QIP), attracting interest from both domestic and international investors.

Furthermore, the company and its subsidiaries have garnered Rs 3,874 crore through non-convertible debentures (NCDs), further diversifying its investor base.

Gautam Adani concluded, “AEL is poised to repeat this turbo growth across data centres, roads, metals and materials and specialised manufacturing. AEL continues to invest in innovative technology across its platforms to support this high growth phase.”

Also Read: Adani Ports Reports Significant Growth In H1 FY25 With 42% Net Profit Increase

Mankrit Kaur

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