Adani Group’s Credit Outlook Improves As Fitch Raises Rating On Ports & Energy Arms
Fitch revises outlook on Adani Ports and Adani Energy to ‘Stable’, citing strong funding access and lower contagion risk.
Adani Energy Solutions Reports 80% Surge In Q3 PAT To Rs 625 Crore
Adani Energy Solutions Ltd (AESL) reported an 80% increase in its Q3 FY25 PAT, reaching Rs 625 crore, up from Rs 348 crore last year.
AESL Raises USD 1 Billion Via QIP Route, Largest In India’s Power Sector
The transaction was launched post-market hours on 30 July 2024 with a base deal size of INR 5,861 crore (USD 700 million) and included a green shoe option to size up to INR 8,373 crore (USD 1 billion).
AESL Fiscal Year 2023-24: Revenue Growth Amidst Profit Downturn
Adani Energy Solutions Limited has announced its financial and operational results for the fiscal year ending 31 March 2024.
