Adani Group Ebitda surges record 47% in first half to cross Rs 43,000 cr

Adani Group on Monday said pre-tax profit or Ebitda of its portfolio companies that span from apples to airports jumped 47 per cent in the first half of the current fiscal year to Rs 43,688 crore on growth across businesses.

“Core infrastructure businesses that provide a high degree of predictability, stability and multi-decadal visibility contributed 86 per cent of total Ebitda,” it said in a statement.

Trailing 12-month Ebitda of Rs 71,253 crore ($ 8.6 billion) is around 3x of FY19 (April 2018 to March 2019 fiscal year) Ebitda.