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Adani Group Chairman Gautam Adani on Wednesday said the dismissal of the US criminal case has left him with humility rather than triumph, saying the experience reinforced his faith in the rule of law and the importance of honouring commitments through periods of adversity. Speaking to employees and partners in the second edition of Apni Baat, Apno Ke Saath, Adani reflected on the Hindenburg Research allegations of 2023 and the subsequent US Justice Department case, days after a federal judge in New York dismissed the criminal charges against him and his nephew Sagar Adani. The judge's ruling ended the criminal case, but also raised concerns about the Justice Department's decision-making process. Adani said the episode had strengthened his conviction that "enduring confidence is earned by honouring commitments, standing by one's values and doing the right thing, especially in difficult times", according to a statement issued by the conglomerate. Recalling the Group's decision to ...
Adani Infra (India) Ltd, a promoter group entity of Adani Green Energy Ltd, has bought 1.03 per cent stake in the company for Rs 2,380 crore, according to block deal data on the NSE. Adani Infra (India) Ltd purchased 1.7 crore shares, representing a 1.03 per cent stake in Adani Green Energy Ltd (AGEL). The transactions were executed on Monday at an average price of Rs 1,400 apiece, taking the aggregate deal size to Rs 2,380 crore. The seller was Ardour Investment Holding Ltd, a promoter entity of AGEL, which offloaded an equal number of shares at the same price, as per the data. Following the deal, Adani Infra's stake in the renewable energy company increased to 2.34 per cent from 1.31 per cent, while Ardour Investment Holding's stake declined to 4.01 per cent from 5.04 per cent. After the transaction, shares of Adani Green Energy Ltd (AGEL) rose 1.48 per cent to trade at Rs 1,415.60 apiece on the National Stock Exchange (NSE). Market participants said the transaction did not res
Adani Energy Solutions on Tuesday posted a more than twofold rise in consolidated net profit to Rs 1,236.56 crore in the April-June quarter compared to the year-ago period on higher revenues. The consolidated net profit stood at Rs 538.94 crore in the quarter ended on June 30, 2025, an exchange filing showed. Total income rose to Rs 9,852.20 crore in the quarter from Rs 7,025.49 crore in the same period a year ago. Revenue from the transmission business rose to Rs 3,335.26 crore from Rs 2,188.19 crore a year ago. The revenue from the distribution business increased to Rs 3,520.43 crore from Rs 3,359.84 crore a year ago. The Energy Solutions Platform segment grew to Rs 1,906.83 crore in the quarter from Rs 209.71 crore a year ago. Smart meter business also expanded to Rs 346.99 crore in the quarter from Rs 112 crore a year ago. "AESL has delivered a robust start to FY27, driven by strong financial performance and continued operational excellence across our core businesses. During
Adani Energy Solutions on Tuesday posted a more than twofold rise in consolidated net profit to Rs 1,236.56 crore in the April-June quarter compared to the year-ago period on higher revenues. The consolidated net profit stood at Rs 538.94 crore in the quarter ended on June 30, 2025, an exchange filing showed. Total income rose to Rs 9,852.20 crore in the quarter from Rs 7,025.49 crore in the same period a year ago. Revenue from the transmission business rose to Rs 3,335.26 crore from Rs 2,188.19 crore a year ago. The revenue from the distribution business increased to Rs 3,520.43 crore from Rs 3,359.84 crore a year ago. The Energy Solutions Platform segment grew to Rs 1,906.83 crore in the quarter from Rs 209.71 crore a year ago. Smart meter business also expanded to Rs 346.99 crore in the quarter from Rs 112 crore a year ago.