Robust capex leads to surge in Adani Group's gross assets
Sat, Nov 23, 2024 8:45 PM

Robust capex leads to surge in Adani Group's gross assets

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Adani Group's gross assets swelled by ₹75,277 cr in the first half of this fiscal year as the diversified conglomerate accelerated capital spending across projects, said people close to the matter. Gross assets are on track to reach a record ₹1.2 lakh cr by March-end, the people said. The surge in assets sparked a 7% or ₹16,882 cr increase in gross debt in the fiscal first half to ₹2,58,276 cr.

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