| Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, announced its results today for the quarter and half year ended 30 September 2024. |
| AEL’s constant endeavour to achieve operational efficiency across all business verticals along with incubating a new asset base is reflected yet again in these results. AEL has recorded its highest half-yearly EBIDTA of INR 8,654 crore which is consistently supported by strong performance from emerging core infra businesses under its incubation portfolio. The emerging core infra businesses have recorded half-yearly EBIDTA of INR 5,233 crore with an increase of 85% on a year-on-year basis on the back of robust operational performance. |
| “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,” said Mr Gautam Adani, Chairman of the Adani Group. “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 is driving these robust results. Further, AEL is poised to repeat this turbo growth across data centres, roads, metals & materials and specialized manufacturing. AEL continues to invest in innovative technology across its platforms to support this high growth phase.” |
| Consolidated Financial Highlights |
| (INR in crore) |
| Particulars |
Q2
FY24 |
Q2
FY25 |
% change
Y-o-Y |
|
H1
FY24 |
H1
FY25 |
% change
Y-o-Y |
| Total Income |
20,095 |
23,196 |
15% |
|
43,111 |
49,263 |
14% |
| EBIDTA |
2,979 |
4,354 |
46% |
|
5,875 |
8,654 |
47% |
| Profit Before Tax |
879 |
2,409 |
174% |
|
1,959 |
4,644 |
137% |
| Profit After Tax1 |
228 |
1,747 |
6.6x |
|
903 |
3,206 |
2.5x |
| Cash Accruals2 |
1,242 |
2,972 |
139% |
|
2,735 |
5,677 |
107% |
|
| Note: 1. PAT attributable to owners 2. Cash Accruals are equal to Profit Before Tax + Depreciation – Current Taxes |
| Incubating Businesses Financial Highlights |
| Particulars |
Q2
FY24 |
Q2
FY25 |
% change
Y-o-Y |
|
H1
FY24 |
H1
FY25 |
% change
Y-o-Y |
| ANIL Ecosystem |
|
|
|
|
| Total Income |
1,939 |
3,115 |
60% |
|
3,837 |
7,634 |
99% |
| EBIDTA |
628 |
1,121 |
78% |
|
983 |
2,763 |
181% |
| PBT |
526 |
916 |
74% |
|
801 |
2,341 |
192% |
| Airports |
|
|
|
|
| Total Income |
1,946 |
2,276 |
17% |
|
3,657 |
4,453 |
22% |
| EBIDTA |
568 |
744 |
31% |
|
1,080 |
1,426 |
32% |
| PBT |
(65) |
(148) |
- |
|
(163) |
(237) |
- |
|
| Operational Highlights |
| Volume |
Q2
FY24 |
Q2
FY25 |
% change
Y-o-Y |
|
H1
FY24 |
H1
FY25 |
% change
Y-o-Y |
| ANIL Ecosystem |
|
|
|
|
| Module Sales (MW) |
630 |
1001 |
59% |
|
1244 |
2380 |
91% |
| WTG (Sets) |
- |
15 |
#1 |
|
- |
56 |
#1 |
| Airports |
|
|
|
|
| Pax movement (Mn) |
21.3 |
22.3 |
5% |
|
42.6 |
45.1 |
6% |
| ATMs (‘000) |
146.8 |
153.3 |
4% |
|
288.4 |
305.4 |
6% |
| Cargo (Lacs MT) |
1.9 |
2.8 |
47% |
|
4.2 |
5.5 |
31% |
| Roads |
|
|
|
|
| Construction (L-KM) |
12.5 |
180.4 |
13.4x |
|
92.3 |
910.4 |
8.8x |
| Mining Services |
|
|
|
|
| Dispatch (MMT) |
6.2 |
8.2 |
32% |
|
12.6 |
17.5 |
39% |
| IRM |
|
|
|
|
| Volume (MMT) |
18.8 |
13.7 |
(27%) |
|
36.6 |
29.1 |
(21%) |
#1 Commercial production and supply of WTG sets started from Q3 FY24 |
| For the full document click the link below: |
| Adani Enterprises Ltd |
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