The Adani Group, one of India’s largest conglomerates, announced on Thursday that its total contribution to the exchequer rose to ₹74,945 crore in the financial year 2024–25, representing a 29% increase from ₹58,104 crore in FY24.
The figures reflect payments made through its portfolio of listed entities, further cementing the group’s role as a key contributor to India’s economy.
According to the group’s official statement, direct tax payments amounted to ₹28,720 crore, while indirect contributions totalled ₹45,407 crore.
An additional ₹818 crore came from other contributions, including social security and employee welfare payments.
For perspective, the amount is nearly equivalent to the estimated cost of constructing the entire Mumbai Metro network or hosting a modern Olympic Games.
Key Contributors Among Listed Entities
Major contributors to this figure include Adani Enterprises Limited (AEL), Adani Ports and Special Economic Zone (APSEZ), Adani Cement Limited (ACL), and Adani Green Energy Limited (AGEL).
The data comes from the independently published annual reports of seven listed firms under the Adani umbrella, namely AEL, APSEZ, AGEL, Adani Power, Adani Total Gas, Adani Energy Solutions, and Ambuja Cements.
Three other publicly traded entities, NDTV, ACC, and Sanghi Industries, also contributed to the overall tax payment, as they are held under the seven primary listed companies.
To enhance transparency, the group has released a document titled ‘Basis of Preparation and Approach to Tax’, available on the websites of all seven core companies, offering detailed insights into the global tax and contribution methodology.
The Adani Group reiterated that tax transparency forms a crucial part of its broader Environmental, Social and Governance (ESG) commitments.
“Through this voluntary initiative, the Group aims to demonstrate its commitment to transparency, foster stakeholder trust and contribute to a more accountable global tax environment,” the statement noted.
To reinforce credibility, the group commissioned a professional agency to prepare an independent assurance report on its tax disclosures and global contributions.
The report covers direct taxes (borne by the group), indirect taxes (collected on behalf of the government), and other statutory contributions.
By aligning financial responsibility with social impact, the Adani Group aims to transform India’s infrastructure landscape while promoting innovation, transparency, and long-term stakeholder value.
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