The Adani Group reported its earnings before interest, taxes, depreciation and amortization (EBITDA) of ₹90,572 crore for the period from July, 2024, to June, 2025, driven mostly by its focused segments of clean energy, airports, core infrastructure, and cement.
The earnings show an increase from ₹85,502 crore pre-tax profit in the trailing twelve months ending June 2024, it said in a statement, the company said in a statement.
"The Adani Portfolio EBITDA has crossed the ₹90,000-crore milestone on a trailing twelve-month basis for the first time, with Q1 EBITDA also reaching a record high," the company statement said.
The group has been embroiled in controversy as Khavda and other renewables facilities of the group are at the centre of the bribery charges filed by US prosecutors. On August 5, 2025, Gautam Adani stepped down as the Executive Chairman of Adani Ports and Special Economic Zone Ltd. (APSEZ), a move that was surprising even if not entirely unexpected.
Also Read: Gautam Adani not served summons, US court told of delays
In the April-June quarter, the ports-to-energy group had posted its highest ever quarterly EBITDA of ₹23,793 crore, with core infrastructure businesses of utility, transport, and incubating infra businesses under Adani Enterprises accounting for about 87 per cent of the profits.
Strong performance across infrastructure and adjacencies offset a dip in the coal trading business of flagship Adani Enterprises Ltd (AEL) even as incubating infra assets such as airports, solar and wind manufacturing, and roads crossed ₹10,000 crore EBITDA for the first time.
This was led by sustained growth in incubating businesses (notably airports under AEL), along with renewable energy firm Adani Green Energy, electricity transmission arm Adani Energy Solutions, Adani Ports and SEZ, and Ambuja Cements.
Adani Group said sustained EBITDA expansion provides strong support for the planned annual capital expenditure of ₹1.5 lakh crore to ₹1.6 lakh crore.
Also Read: Who’s richer: The Ambanis or the Adanis?
"On the credit side, the portfolio-level leverage continues to remain one of the lowest globally at 2.6 times net debt to EBITDA, while high liquidity of ₹53,843 crore is maintained in cash," it said.
As on March 31, 2025, fund flow from operations or cash after tax was at a record ₹66,527 crore while asset base stood at ₹6.1 lakh crore with the addition of ₹1.26 lakh crore in FY25.
The conglomerate said it had "ample liquidity to cover debt servicing for at least the next 21 months," adding that cash balance at ₹53,843 crore was about 19 per cent of gross debt.
Adani Green Energy, Adani Energy Solutions, Adani Ports & SEZ, and Adani Cements (Ambuja) continue to deliver double-digit EBITDA growth.
Adani New Industries Ltd (ANIL) commissioned India's first off-grid 5 MW green hydrogen pilot plant while airport passenger movements were up 3 per cent year-on-year to 23.4 million in Q1 and cargo movements up 4 per cent to 0.28 million tonnes.
Adani Energy Solutions (AESL) also secured one new transmission project – WRNES Talegaon line – taking the under-construction order book to ₹59,304 crore.
Adani Ports & SEZ's (APSEZ) volume has grown 11 per cent to 121 million tonnes in the first quarter, while Adani Cements' (Ambuja) present cement capacity of 105 million tonnes per annum will be raised to 118 million tonnes by March 2026, the company said.
Follow us
