- Q1 total income jumps 50% to Rs. 33,546 crore; quarterly EBITDA scales a record 49%
- Airports EBITDA soars 49% to Rs. 1,633 crore; copper contributes Rs. 749 crore
- Solar module capacity expands to 5.7 GW; 400-MW Vizag hyperscale data-centre order secured
- Navi Mumbai Airport goes international; Ganga Expressway starts toll collection
- 15,000-crore QIP draws 3.8x bids, signalling strong institutional appetite
- New-energy, airports, roads and data centres deepen AEL’s infrastructure growth pipeline
NE BUSINESS BUREAU
AHMEDABAD, JULY 29
Adani Enterprises Ltd has opened FY27 with a financial high-water mark, turning the scale-up of its infrastructure portfolio into a record quarterly operating performance. The Adani Group flagship reported its highest-ever quarterly EBITDA of Rs. 5,642 crore, up 49% year-on-year, as established businesses strengthened while its incubation platforms moved closer to commercial maturity.
Consolidated total income surged 50% to Rs. 33,546 crore in Q1 FY27 from Rs. 22,437 crore a year earlier. Profit before tax stood at Rs. 1,295 crore, excluding the Rs. 2,644-crore exceptional impact related to an OFAC settlement.
PAT attributable to owners stood at a loss of Rs. 1,160 crore, against Rs. 885 crore profit in Q1 FY26, reflecting the exceptional item. The company said capitalisation of Navi Mumbai Airport in Q4 FY26 also resulted in higher depreciation during the quarter.
“Adani Enterprises has begun FY27 with an exceptionally strong performance, delivering its highest-ever quarterly EBITDA of Rs 5,642 crore, driven by the growing scale and maturity of our infrastructure and incubation platforms,” said Gautam Adani, Chairman, Adani Group.
He added: “The commencement of international operations at Navi Mumbai International Airport, toll collections on the Ganga Expressway, the expansion of our solar module capacity and a major new hyperscale data center order mark important milestones in our growth journey.”
Airports, copper emerge as earnings accelerators
Adani Airports delivered a 49% YoY jump in EBITDA to Rs. 1,633 crore, with passenger movement rising 3% to 24.2 million. Navi Mumbai Airport commenced international operations on July 15.
The copper business, meanwhile, generated Rs. 749 crore EBITDA, helped by a dramatic increase in sales to 64.7 KT from 11.5 KT a year earlier.
Green-energy platform scales up
Adani New Industries expanded solar module manufacturing capacity to 5.7 GW by commissioning a new 1.7-GW line in June. The company said domestic demand for its solar modules is fully absorbing export offtake.
The Wind Turbine Generator business also received a Gold Medal for manufacturing competitiveness.
Data-centre pipeline gets 400-MW boost
AdaniConnex secured a new 400-MW hyperscale order in Vizag, taking cumulative tied-up capacity beyond 960 MW. Its operational capacity rose to 65.4 MW after handing over 9.6 MW of Pune Phase II to the customer.
Roads and mining add to monetisation story
Ganga Expressway commenced toll collection on May 15, while Adani Road Transport added a 620.6-lane-km operational BOT project.
Mining services operationalised another contract at Dhirauli Mine, taking peak operating service-contract capacity to 93.1 MMTPA.
Adding financial-market firepower, AEL raised Rs. 15,000 crore through a QIP in July, with bids reaching 3.8 times the base issue size.
“The successful Rs 15,000 crore QIP further reflects strong institutional confidence in our strategy and execution capabilities,” Gautam Adani said.
