अदाणी एंटरप्राइजेज लिमिटेड 30 जून, 2024 को समाप्त तिमाही के लिए समेकित परिणामों की घोषणा की|

Consolidated EBIDTA increased by 48% to Rs. 4,300 cr
Consolidated PBT increased by 107% to Rs. 2,236 cr
Incubating Businesses contributed 62% to Total EBIDTA

Editor’s synopsis

Consolidated financial highlights Q1 FY25 (YoY)

Revenue increased by 13% to Rs. 26,067 cr primarily driven by strong operational performance by ANIL Ecosystem and Airports
EBIDTA increased by 48% to Rs. 4,300 cr
PBT increased by 107% to Rs. 2,236 cr

Business highlights

Solar module exports up by 109% to 808 MW
ANIL WTG crosses 200th blade production milestone during this quarter
ANIL WTG received final type certificate for 3 MW wind turbine
In Airports, pax movement crossed 90 mn for the first time on TTM basis

TTM: Trailing Twelve Months

Ahmedabad, August 1, 2024: Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, announced its results today for the quarter ended June 30, 2024.

The emerging core infra businesses comprising of ANIL Ecosystem, Airports and Roads are consistently making significant strides in their operational performance. The contribution of these businesses to the overall EBIDTA has now increased to 62% in Q1 FY25 compared to 45% in Q1 FY24. ANIL Ecosystem solar manufacturing and wind turbine businesses has recorded highest ever EBIDTA of Rs. 1,642 cr with an increase of 3.6x on Y-o-Y basis and now contributes 38% to total EBIDTA on back of its robust operational performance.

"Adani Enterprises Ltd (AEL) is further expanding its position as India's leading business incubator and a global model in infrastructure development," said Mr Gautam Adani, Chairman of the Adani Group. "The substantial growth in our EBIDTA, driven by the exceptional performance of the ANIL ecosystem, our airport operations and our road construction business, underscores our commitment to operational excellence and sustainable value creation. The combination of best-in-class management practices, state-of-the-art technologies, high ratings and fully-funded growth strategies, ensures that AEL continues to set new national and international benchmarks."

Consolidated Financial Highlights

Particulars	Q1 FY24	Q1 FY25	% change Y-o-Y	FY24
Total Income	23,016	26,067	13%	98,282
EBIDTA	2,897	4,300	48%	13,237
Profit Before Tax	1,080	2,236	107%	5,640
Profit After Tax¹	675	1,458	116%	3,240
Cash Accruals²	1,493	2,704	81%	7,076

Note: 1. PAT attributable to owners 2. Cash Accruals is equal to Profit Before Tax + Depreciation – Current Taxes

Incubating Businesses Financial Highlights

Particulars	Q1 FY24	Q1 FY25	% change YoY Change	FY24
ANIL Ecosystem
Total Income	1,898	4,519	1.4x	8,741
EBIDTA	355	1,642	3.6x	2,296
PBT	276	1,425	4.1x	1,884
Airports
Total Income	1,711	2,177	27%	8,062
EBIDTA	511	682	33%	2,437
PBT	(98)	(89)		(68)

Operational Highlights

Volume	Q1 FY24	Q1 FY25	% change YoY Change	FY24
ANIL Ecosystem
Module Sales (MW)	614	1379	125%	2679
WTG (Sets)		41	#1	54
Airports
Pax movement (Mn)	21.3	22.8	7%	88.6
ATMs (‘000)	141.6	152.1	7%	593.8
Cargo (Lacs MT)	2.3	2.7	17%	8.1
Roads
Construction (L-KM)	79.8	730.0	8.1x	514.8
Mining Services
Dispatch (MMT)	6.4	9.3	47%	30.9
IRM
Volume (MMT)	17.8	15.4	(13%)	82.1

#¹Commercial production and supply of WTG sets started from Q3 FY24

Business Updates:

Adani New Industries Ecosystem

Solar manufacturing

Module sales increased by 125% on year-on-year basis at 1379 MW; export increased by 109% and domestic sale increased by 151%
EBITDA margins improved on account of lower cost from TopCon cell line which became operational on 31st March 2024, and lower raw material costs.
Successfully operated at full capacity of 4 GW for both cell and module line

Wind Turbine manufacturing

Application to RLMM listing made for 5.2 MW prototype 2using ANIL blades
Final type certificate received for 3 MW WTG and applied for RLMM listing
200th Blade production milestone crossed during this quarter

RLMM: Revised List of Models & Manufacturers

AdaniConnex Pvt Ltd (ACX - Data Center)

Noida Data Center

Construction Completion ~89% of 50MW core & shell + 10 MW MEP

Hyderabad Data Center

Construction Completion ~94% for Phase I - 9.6 MW

Pune Data Center

Pune I ~20% and Pune II ~38% for Phase I - 9.6 MW

MEP: Mechanical, Electrical & Plumbing

Adani Airports Holdings Ltd (AAHL - Airports)

Air passenger movement crossed 90mn for the first time on TTM basis
25 new brandsadded at Lucknow airport in the first quarter after terminal 3 inauguration
During the quarter 8 new routes, 6 new airlines and 13 new flights added

Adani Road Transport Ltd (ARTL - Roads)

Highest ever 730 lane-kmconstruction done during this quarter
Ganga Expressway construction crosses half-way mark
Three out of ten under construction projects are more than 80% complete

Scheme of Arrangement for Food FMCG business

Adani Enterprises as an incubator continues to incubate new businesses and create sustainable and long-term value for its stakeholders. Over the years, we have a track record of successfully incubating businesses across various sectors which are currently leading players in their respective sectors and delivering substantial returns to their shareholders.

In line with above, the Board of Director of AEL have approved demerger of the food FMCG business of AEL to Adani Wilmar Limited along with AEL’s strategic investment in Adani Commodities LLP. The food FMCG business has become self-sustained, performing well and poised for further growth under AWL. For AEL, this arrangement will not only unlock the value for shareholders but also allow focused strategy for sustainable growth in its incubating businesses.