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Adani Power’s Q4 Profit Rises 12.9 %, 118.4 Pc In Entire Fiscal

Adani Power has posted a consolidated net profit (profit after tax) of Rs 5,242 crore for the January-March 2023 quarter, an increase of 12.9 per cent, the company statement said. In the same quarter of 2022, the company’s net profits were Rs 4,645 crore. For the entire financial year 2022-23, consolidated Profit After Tax was […]

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Adani Group Commencing Debt Buyback Brings Company Shares In Focus

Following the start of the Adani group company’s planned USD 130 million bond buyback, shares of Adani Ports and Special Economic Zone (Adani Ports) dominated trading on Monday. The company, which is led by Gautam Adani, intends to partially prepay near-term debt maturities in order to ease market concerns regarding the company’s cash condition. Adani Ports […]

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Committed To Investment Plans Submitted To Government: Adani Airports CEO

Amid challenges faced by the Adani Group and political heat over “regulatory failure” in dealing with the alleged contravention of laws pertaining to securities market, Adani Airports Chief Executive Officer Arun Bansal has said that the company is committed to its investments and plans submitted to the government. “We are committed and we have submitted […]

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