Twitter
Advertisement

Adani Group registers 17 percent growth for fiscal year 2015

The consolidated total Income for financial year ending March 31, 2015 stood at Rs 64,582 crore.

Latest News
article-main
FacebookTwitterWhatsappLinkedin

Adani Enterprises Ltd has announced the results for the financial year 2014-15 in which the group registered 17 percent growth in the consolidated total Income over previous year.

The consolidated total Income for financial year ending March 31, 2015 stood at Rs 64,582 crore as compared to Rs 55,067 crore in the corresponding period last year.

The consolidated EBIDTA of the group increased by 26 percent to Rs.13,308 crore against Rs 10,540 crore in the corresponding period last year.

The company has attributed improved utilisation of operational capacity for the robust overall performance.

Chairman Adani Group, Gautam Adani, said that the company would remain committed to play enhanced role in nation building across various geographies.

"As a group celebrating its Silver Jubilee year, we feel privileged to have built global scale integrated infrastructure organisation in relatively short time. Going forward, we remain committed to play
enhanced role in Nation Building across various geographies." he said.

Meanwhile, Chief Financial Officer (CFO) of the Adani Group Ameet Desai said that the company would continue to build businesses to generate higher returns for all the stakeholders.

"Our results reflect growth & all-round performance across various verticals viz Coal business, Ports & Logistics and Power and Transmission businesses. We remain optimistic to build these businesses to generate higher returns for all our stakeholders," he said.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement