Adani Group Chairman Gautam Adani on Wednesday congratulated Donald Trump on winning the US Presidential polls for a second term and said the US leader embodies tenacity, grit, determination and courage.
Adani Enterprises, the flagship entity of Adani Group, on Tuesday reported that its net profits during the July-September quarter rose 664 per cent to Rs 1,741 crore. In the year 2023, it was at Rs 228 crore.
Earnings momentum continues for Adani Ports and SEZ, with the Adani Group company registering Profit After Tax or net profit at Rs 5,520 crore in the first half of 2024-25. The net profits were up 42 per cent year-on-year.
"Met with a delegation from the Adani Group led by the MD of Adani Exports Ltd., Rajesh Adani, and the MD of Adani Ports and SEZ Ltd, Karan Adani to discuss a range of investment opportunities in Andhra Pradesh," CM Naidu said.
Adani Group company Ambuja Cements delivered a steady performance in the July-September quarter of 2024-25 with a volume growth of 9 per cent, at 14.2 million tonne. It was the highest in terms of volume in Q2 series in the past five years.
After Adani Total Gas Ltd (ATGL) delivered robust operational performance in the second quarter of financial year 2025, Suresh P Manglani, CEO and Executive Director of ATGL, highlighted the company's progress during the quarter.
ACC's trade sales were up 2 per cent in the quarter and the share of premium products in the total trade sales increased to 36 per cent, indicating that a larger portion of these sales were from higher-margin premium products.
Adani Green Energy Ltd (AGEL) has reported a 20 per cent year-on-year (YoY) growth in EBITDA for the second quarter of financial year (FY) 2025, reaching Rs 4,518 crores, driven by significant capacity additions and robust operational performance.
Adani Energy Solutions won three new transmission projects at a cumulative project cost of Rs 10,300 crore, adding 2,059 circuit kilometres to its under construction network, said Kandarp Patel, CEO, Adani Energy Solutions.
Adani Group company Adani Green Energy on Tuesday reported that its cash profit during the July-September quarter rose 21 per cent to Rs 1,249 crore. In the same quarter last year, it was Rs 1,030 crore.