Quarterly Updates24 Sept 2025, 11:33 am
Adani Group Emerges Stronger After SEBI Clears Hindenburg Allegations: EBITDA Grows by 57%, Gross Block Expands by 48%
AI Summary
In a letter to shareholders, Adani Group Chairman Gautam Adani discussed the company's resilience in the face of Hindenburg's allegations, which SEBI has now dismissed. The Group's EBITDA grew by 57% from FY23 to FY25, and the gross block expanded by 48% in the same period. The company also completed several transformative projects during this time.
Key Highlights
- SEBI dismisses Hindenburg's allegations against Adani Group
- EBITDA grows by 57% from FY23 to FY25
- Gross block expands by 48% in two years
- Completion of several transformative projects
- Adani Group reaffirms commitment to innovation, sustainability, and nation building