Adani Portfolio achieves record 47% EBITDA growth in H1FY24, surpassing Rs 43,000cr

Adani Portfolio achieves record 47% EBITDA growth in H1FY24, surpassing Rs 43,000cr

Adani Portfolio, a leader in infrastructure development in India, has announced a record-breaking EBITDA growth of 47% in the first half of fiscal year 2024 (H1FY24), crossing Rs 43,000 Crore (USD 5.3 billion). This represents the highest ever half-year growth for the company. In an impressive financial milestone, Adani Portfolio’s core infrastructure businesses, known for […]

GQG Partners injects $1.9bn in Adani Portfolio companies

GQG Partners injects $1.9bn in Adani Portfolio companies

American equity investment boutique GQG Partners has completed a secondary equity transaction worth INR 15,446 crores ($1.87 billion) with the Adani Portfolio companies. The companies that secured the investment include Adani Ports and Special Economic Zone, Adani Green Energy, Adani Transmission, and Adani Enterprises. According to Adani Enterprises, the investment makes GQG Partners an important […]