Adani Enterprises Ltd has announced the results for the financial year 2014-15 in which the group registered 17 percent growth in the consolidated total Income over previous year.
The consolidated total Income for financial year ending March 31, 2015 stood at Rs 64,582 crore as compared to Rs 55,067 crore in the corresponding period last year.
The consolidated EBIDTA of the group increased by 26 percent to Rs.13,308 crore against Rs 10,540 crore in the corresponding period last year.
The company has attributed improved utilization of operational capacity for the robust overall performance.
Chairman Adani Group, Gautam Adani, said that the company would remain committed to play enhanced role in nation building across various geographies
“As a group celebrating its Silver Jubilee year, we feel privileged to have built global scale integrated infrastructure organization in relatively short time. Going forward, we remain committed to play
enhanced role in Nation Building across various geographies,” he said.
Meanwhile, Chief Financial Officer (CFO) of the Adani Group Ameet Desai said that the company would continue to build businesses to generate higher returns for all the stakeholders.
“Our results reflect growth and all-round performance across various verticals viz Coal business, Ports and Logistics and Power and Transmission businesses. We remain optimistic to build these
businesses to generate higher returns for all our stakeholders,” he said. (ANI)