- Operational revenue reaches ₹22,608 crore, marking a 16 per cent increase
- AEL achieves a record half-yearly EBITDA of ₹8,654 crore, driven by strong performance across its emerging core infrastructure businesses within its incubation portfolio
NE BUSINESS BUREAU
AHMEDABAD, OCT 30
Adani Enterprises Ltd (AEL), the flagship company of the Adani Group on Tuesday announced a 664 per cent year-on-year (YoY) increase in its consolidated net profit for the September quarter, reaching ₹1,742 crore compared to ₹228 crore in the same period last year.
The company’s operational revenue for the reported quarter grew ₹22,608 crore, marking a 16 per cent increase compared to ₹19,546 crore in the same quarter of the previous financial year.
EBITDA rose by 47 per cent to ₹8,654 crore, fueled by the sustained strong operational performance of the Adani New Industries Ltd (ANIL) ecosystem and Airports.
AEL has achieved a record half-yearly EBITDA of ₹8,654 crore, driven by strong performance across its emerging core infrastructure businesses within its incubation portfolio. These emerging core infrastructure businesses posted a half-yearly EBITDA of ₹5,233 crore, marking an 85 per cent year-on-year increase, supported by 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 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 are 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,” Gautam Adani added.
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 is 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