Adani Group Emerges Stronger After SEBI Clears All Allegations: EBITDA Grew by 57%, Gross Block Expanded by 48% in Two Years

In a letter to shareholders, Adani Group Chairman Gautam Adani discussed the company's resilience in the face of Hindenburg's report and SEBI's subsequent clearance. The Group's EBITDA rose from 57,205 Cr in FY23 to 89,806 Cr in FY25, representing a 57% absolute growth and a two-year CAGR of 25%. The Gross Block expanded from 24,12,318 Cr in FY23 to 6,09,133 Cr in FY25, a 48% rise in just two years. The company also delivered transformative projects and expanded its energy network with 7,000 circuit kms of transmission lines and 4 GW of new thermal capacity across India and overseas.