anil agarwal net worth, ₹ 10,62,69,34,50,000 debt on his forehead, still Anil Agarwal is smiling, this is the reason – how vedanta chief anil agarwal relax and smile after 13 billion dollar debt

It is a mistake to question the ability to repay the loan.

Anil Agarwal recently said in an interview that questioning his ability to repay the loan is irrelevant. He said that the loan has been taken to expand the business and increase investment in it. The company has a debt of $ 13 billion i.e. about ₹ 10,62,69,34,50,000. Talking about the company’s balance sheet, he said that we have made a profit of more than $ 7 billion this year. Next year, Vedanta’s income will be around $30 billion and profit will be around $9 billion. They have more cash flow than debt. He said that we have never made any delay in the payment of any loan. Our record is absolutely clean. He repaid all the loans and bonds on time.

Creating a Net Zero Debt Company

He said that our target is to become a net zero debt company within the next 2 to 3 years. He said that the question arising on his loan is completely unnecessary. He said that compared to our size, our debt is very less. We are in a very comfortable position to service the loan. We have a plan for paying off the debt. Significantly, when the American short selling company Hindenburg raised questions in its report about the huge debt of the Adani group, monitoring has increased on those groups that have debt. Since then, questions have also started to arise on Vedanta’s debt.

After the Hindenburg attack, Gautam Adani made a smart plan, there will be a direct impact on the shares