'Adani Group's listed entities crossed $100-bn m-cap in first week of FY22'

All Adani stocks generated returns over 100 percent in FY21- and the businesses ensured that the Group returned close to Rs 9,500 crore rupees to equity shareholders.

Notwithstanding the impact of ongoing pandemic, Adani Group companies saw market capitalisation of its six listed entities (put together) cross $100 billion in the first week of FY22.

Speaking at the annual general meeting via a virtual platform, Gautam Adani today informed shareholders that for FY21 the consolidated earnings before interest, taxes, depreciation and ammortisation (EBITDA) for its listed companies was over Rs 32,000 crore, up 22 percent from last year.  

All Adani stocks generated returns over 100 percent in FY21– and the businesses ensured that the Group returned close to Rs 9,500 crore to equity shareholders. This is a