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News Adani Group records profit rise

Adani Group records profit rise

Written by Global Cement staff 03 June 2024
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India: In the fiscal year April 2023 to March 2024, Adani Group recorded a profit increase of 55% year-on-year to US$3.6bn from US$2.3bn. Earnings before interest, taxation, depreciation, and amortisation (EBITDA) rose by 40% to US$7.9bn, although sales fell by 6%. Adani Group plans to spend US$90bn on capital expenditure over the next 10 years.

Last modified on 05 June 2024
Published in Global Cement News
Tagged under
  • India
  • Adani Group
  • Results
  • GCW662

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