The Adani Group announced a notable surge in the first-quarter adjusted net profit, which increased by 50.1% to ₹10,279 crore compared to the previous year. Additionally, the EBITDA for the quarter ended June 30 also saw significant growth of 32.9%, reaching ₹22,570 crore year on year. The group attributed this growth to Adani Enterprises’ emerging businesses in solar, wind manufacturing, airports, and roads, which are integral parts of the green hydrogen production chain. The trailing-twelve-month EBITDA for the group stood at ₹79,180 crore, marking a 44.9% increase year on year. The core infrastructure businesses under Adani Enterprises, including utility, transport, and infra businesses, experienced a 41.6% growth in EBITDA, accounting for 86% of the total EBITDA. The emerging infra businesses, such as ANIL, airports, and roads, under Adani Enterprises Ltd., contributed significantly to the overall growth, with a 70% increase in EBITDA. The group also highlighted that the leverage (net debt to EBITDA) was at a multi-year low of 2.2x as of March 31, 2024, indicating a strong financial position.