Adani’s listed companies profit before tax up by 36 percent in 2022-23

Adani’s listed companies profit before tax up by 36 percent in 2022-23

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ANI

The Adani Group is engaged in sectors ranging from ports to airports, power generation to transmission and distribution, edible oils to FMCG products, logistics and cement.

New Delhi. The profit before tax (EBITDA) of the listed companies of Adani Group has increased by 36 percent to Rs 57,219 crore for the last financial year 2022-23. The group gave this information on Tuesday. Adani Group said in the statement that there is no risk of refinancing in the near future and there is no need for cash. The Adani Group is engaged in sectors ranging from ports to airports, power generation to transmission and distribution, edible oils to FMCG products, logistics and cement.

The group had a net debt of Rs 1.86 lakh crore as on March 31, 2023, the statement said. Adani Enterprises, the flagship company of the group, earned a net profit of Rs 2,422 crore in the last financial year. The company’s income during this period was Rs 1.38 lakh crore.

Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.



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