- Flagship incubator reports consolidated EBITDA of ₹7,688 crore and PBT of ₹2,281 crore; Airports EBITDA jumps 51% YoY to ₹2,157 crore
- Navi Mumbai International Airport inaugurated; AdaniConnex partners with Google to build India’s largest AI Data Center Campus
NE BUSINESS BUREAU
AHMEDABAD, NOV 5
Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, today announced its consolidated financial results for the quarter and half year ended September 30, 2025, alongside the Board’s approval of a ₹25,000 crore partly paid-up Rights Issue aimed at fortifying its balance sheet and powering the next phase of growth across its incubation businesses.
Reinforcing its position as India’s foremost infrastructure incubator, AEL showcased strong operational momentum across its diversified portfolio, highlighted by the inauguration of the Greenfield Navi Mumbai International Airport—a milestone project set to commence operations in Q3 FY26—and the completion of its seventh operational road asset.
“With disciplined execution and strategic diversification, Adani Enterprises Ltd continues to strengthen its position as India’s leading incubator of transformative infrastructure and energy businesses,” said Gautam Adani, Chairman, Adani Group.
“The inauguration of the Navi Mumbai International Airport marks a defining moment in India’s infrastructure story and reinforces AEL’s role as a national growth catalyst. Our strong performance across airports, data centers and roads underscores the momentum of our core infrastructure portfolio. With partnerships such as the one with Google for India’s largest AI data center and rapid progress in our green energy ecosystem, AEL is accelerating India’s transition toward a sustainable, technology-driven future.”
Financial Performance Highlights (H1 FY26 YoY)
- Revenue: ₹44,281 crore vs ₹49,263 crore (↓10%)
- EBITDA: ₹7,688 crore vs ₹8,654 crore (↓11%)
- PBT: ₹2,281 crore (excluding exceptional gain of ₹3,583 crore)
- PAT (attributable to owners): ₹3,933 crore vs ₹3,196 crore (↑23%)
- Airports EBITDA: ₹2,157 crore, up 51% YoY, signaling robust passenger recovery and operational excellence
AEL’s emerging core infrastructure businesses—airports, roads, data centers, mining, and green energy—contributed 71% of total EBITDA, reflecting the group’s focus on long-term, high-value creation sectors.
Investment & Operational Milestones
- Navi Mumbai International Airport inaugurated on October 8, 2025, symbolizing AEL’s execution strength in large-scale national infrastructure.
- Nanasa-Pidgaon Road Project in Madhya Pradesh achieved Provisional COD, expanding AEL’s operational road portfolio to seven assets.
- AdaniConnex Pvt Ltd partnered with Google to develop India’s largest AI Data Center Campus in Visakhapatnam, with ongoing expansion of its Hyderabad and Pune facilities nearing completion.
- Adani Water Ltd secured projects for Brahmani Barrage and Mor Sagar Reservoir, enhancing India’s water infrastructure.
- Adani Road Transport Ltd won new mandates including a 12.9 km ropeway between Sonprayag and Kedarnath and two HAM road projects connecting Munger-Sultanganj and Sultanganj-Sabour.
Sustainability and Recognition
AEL’s unwavering commitment to sustainability continues to receive wide recognition:
- Named “Great Indian ESG Organization of the Year 2025” at the Transformance ESG Awards.
- Adani New Industries Ltd (ANIL) received the “Outstanding Contribution to Circular Economy” Award by the Indian Chamber of Commerce for its pioneering off-grid Green Hydrogen pilot.
- Adani Natural Resources bagged the “Leadership in Climate Action” Award for its hydrogen truck initiative advancing green logistics.
Capital Management Update
The Board of Directors has approved a ₹25,000 crore Rights Issue, aimed at further strengthening AEL’s balance sheet, supporting expansion in next-generation infrastructure, digital, and energy transition platforms.








