HomeNewsBusinessAdani Group’s holding co’s debt doubles in FY22 despite revenue soaring

Adani Group’s holding co’s debt doubles in FY22 despite revenue soaring

AEL’s biggest revenue vertical doubled its revenue on higher coal prices, according to a Jefferies report

July 22, 2022 / 14:31 IST
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The Adani Group’s gross debt went up by 41% to Rs 2.2 trillion as of March 31, 2022, from Rs 1.55 trillion a year ago. (Photo by Mayur Freelancer/Pexels)
The Adani Group’s gross debt went up by 41% to Rs 2.2 trillion as of March 31, 2022, from Rs 1.55 trillion a year ago. (Photo by Mayur Freelancer/Pexels)
Asha Menon
first published: Jul 22, 2022 02:31 pm

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