Business Blog: Adani group posts record quarterly profit in boost to liquidity

Wednesday, August 23, 2023

Adani group posts record quarterly profit in boost to liquidity

Adani Group, led by Gautam Adani, has reported record profits in Q2, driven by its infrastructure and renewable energy businesses. The conglomerate's earnings before interest, tax, depreciation, and amortization rose 42% compared to the same period last year, reaching INR 235 billion ($2.8 billion), the highest for a single quarter.

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