The Adani group ended 2023 with a 12-month trailing EBITDA of ₹78,823 crore, up 34.4 per cent, with its core infrastructure businesses contributing ₹66,208 crore, up 35.4 per cent on year. Also read: Adani Group sees defence manufacturing as a sizeable opportunityThe group EBITDA in Q3 of the current fiscal was ₹19,475 crore, up 63.6 per cent on year. The group’s total debt is at around ₹2.3-lakh crore, with Adani Green Energy and Adani Ports and Special Economic Zone carrying the most debt on their books. Of its total long-term debt of $25.5 billion, global banks account for 30 per cent and domestic banks 29 per cent. Adani Energy Solutions runs the power utility business, the biggest component of which is Adani Electricity Mumbai that distributes power in Mumbai.

Source: The Hindu March 01, 2024 01:38 UTC