Adani Group’s debt-to-EBITDA down to 2.5x; cash balance at Rs 44,572 crore
The group’s gross assets to net debt stood at 2.5 times as on September 30. The group saw record quarterly operating profit growth of 64% YoY, while the operating profit as of December-end stood at Rs 78,823 crore ($9.5 billion).
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