Adani AGM 2025: Middle East Conflict Impacts Logistics & Energy, US Fraud Charges Addressed

Highlights from Adani AGM 2025:

• Consolidated numbers: revenues grew by 7%, EBITDA by 8.2%, and Net Debt-to-EBITDA ratio at 2.6x.
• Total revenues: Rs 2,71,664 crore, adjusted EBITDA: Rs 89,806 crore.
• Annual CAPEX spend of $15–20 billion expected for the next 5 years.
• Adani Power crossed 100 billion units of generation, aiming for 31 GW capacity by 2030.
• Adani Green building world’s largest renewable energy park, targeting 50 GW by 2030.
• Adani New Industries expanding solar module manufacturing, aiming for 10 GW facility by next year.
• Adani Ports handled record 450 MMT of cargo.
• Natural Resources produced record 47 million tonnes of coal and iron ore, targeting over 30% growth by FY26.
• Adani Airports served record 94 million passengers in FY25, with Navi Mumbai Airport set to open.
• Adani Defence’s drones and anti-drone systems played crucial roles during Operation Sindoor.
• Adani Total Gas serves 1 million PNG customers, operates 3,400 EV charging stations.
• Dharavi redevelopment project aims to relocate over 1 million people to a modern township.

In the Middle East, Gautam Adani expressed concerns over ongoing wars affecting energy and logistics. Adani Group's presence in Israel's Haifa Port faces challenges amid regional tensions. Despite recent incidents, Adani Group assured no damage to port operations.

Regarding US Department of State and FCC-related allegations, Adani emphasized no charges against the group for violating FCPA or obstructing justice. Adani reiterated commitment to global governance standards and non-negotiable compliance frameworks.

Source: The Economic Times.