The adani Group, led by gautam adani, has witnessed a notable reduction in its debt, marking a significant improvement in its financial health. The group's debt levels have now reached the lowest point in the last five years, attributed to increased loan repayments. The improved credit profile has positioned the adani Group favourably, with no imminent refinancing risks.

According to an investor presentation, the group's EBITDA surged by 60%, reaching Rs 19,475 crore in the third quarter of the current fiscal year ending on december 31. The net debt of the adani Group has seen a 3.5% reduction over the last six months, currently standing at Rs 1,78,350 crore, the lowest in the past five years. Concurrently, the cash balance has witnessed a 9% improvement, reaching Rs 43,952 crore during the initial nine months of the present fiscal year.


In a significant development, the adani Group has unveiled plans to invest up to Rs 75,000 crore in Madhya Pradesh. The announcement was made during the Regional industry Conclave in Ujjain, where the group expressed its intention to invest across various sectors, potentially generating more than 15,000 direct and indirect employment opportunities in the state.


Pranab adani, director of adani Enterprises, the flagship company of the group, highlighted the growth potential in Madhya Pradesh, emphasizing the substantial investments to harness this potential. The adani Group has already invested Rs 18,000 crore in the state, resulting in the creation of over 11,000 employment opportunities.

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