Adani says will complete infra projects on time, focused on financials

Adani Enterprises, the flagship of Adani Group, said on Wednesday new businesses of renewables, data centres, airports and roads account for more than 33 per cent of earnings and it will complete all infrastructure projects on time.

“We are laser focused on continuing our business momentum, in this market volatility. We are confident in our internal controls, compliance and corporate governance. We will focus on AEL’s financials, operating performance, and incubation pipeline,” said Jugeshinder Singh, chief financial officer of Adani Enterprises (AEL).

The group, owned by Gautam Adani, has been trying to win back investor confidence after a report from US short-seller Hindenburg Research last month wiped out more than $120 billion of his empire’s market value.