Gautama AdaniImage credit source: pti
Adani Group will now increase its focus on airports and energy businesses. The group’s president Gautam Adani gave this information at the Annual General Meeting meeting. Talking about the achievements of the companies, he said that NDTV’s global digital traffic increased by 39% in FY24. Double-digit growth has been seen in passenger traffic at airports. Which has increased to 8.86 crores.
This is the plan for the next decade
He informed that Kutch Copper has started operations at the greenfield refinery. The goal is to make Kutch Copper Refinery the world’s largest smelter in the next decade. Adani Power’s operational capacity increased by 12% to 15,250 MW in fiscal 2024. At the same time, Adani Total Gas has surpassed the 900 station mark by expanding its CNG stations. While Adani Total Gas has launched 606 electric vehicle charging points.
There is a cash reserve of so many billions of rupees
Adani Group Chairman Gautam Adani, while talking about the financial situation of the group companies, said that the Adani Group has a cash reserve of Rs 59,791 crore as on date. He said Ambuja Cements, ACC and Adani Ports are AAA rated. FY24 saw the highest ever EBITDA of Rs 82,917 crore, growing by 45%. While in FY24, the company’s PAT reached a record high of Rs 40,129 crore, showing a growth of 71% compared to the previous year.
