Gautam Adani Net Worth / On his birthday, Adani revealed his plan, this is how his dominance will increase from power to airport

Vikrant Shekhawat : Jun 24, 2024, 02:13 PM
Gautam Adani Net Worth: Adani Group is now going to increase its focus on airports and power business. Group chairman Gautam Adani gave this information in the AGM meeting. Talking about the achievements of the companies, he said that NDTV's global digital traffic has increased by 39% in FY24. Double digit growth has been seen in passenger traffic at airports. Which has increased to 8.86 crores.

This is the plan for the next decade

He told that Kutch Copper has started operations in Greenfield Refinery. The target is to make Kutch Copper Refinery the world's largest single location smelter in the next decade. In FY 2024, the operation capacity of Adani Power has increased by 12% to 15,250 MW. At the same time, Adani Total Gas has crossed the figure of 900 stations by expanding CNG stations. While Adani Total Gas has started 606 EV charging points.

There is a cash reserve of so many thousand crores

Talking about the financial condition of the group companies, Adani Group Chairman Gautam Adani said that Adani Group has a cash reserve of Rs 59,791 crore as of today. He informed that Ambuja Cements, ACC, Adani Ports have got AAA rating. The highest ever EBITDA of Rs 82,917 crore has been recorded in FY24 with a growth of 45%.

At the same time, the company's PAT in FY24 has been at a record high of Rs 40,129 crore, showing a growth of 71% compared to last year. Gautam Adani said that the cement capacity of Adani Group has increased from 67.5 MTPA to 79 MTPA in FY24, which can be increased to 140 MTPA by 2028. The group is moving with such a target.

Company's focus on infra project too

Let us tell you that the group's focus on infra development will also increase in the coming times. The chairman of Adani Group said that the focus of the Government of India has increased the expenditure on infra three times in 5 years. In FY25, expenditure on infra is expected to increase by 16% to Rs 11 lakh crore. The company says that the Khavda Green Energy Project will generate 3,000 MW of renewable energy in the coming times.