Adani Enterprises Ltd (AEL) has announced strong results for the nine months ended December 31, 2025. Consolidated EBITDA reached Rs. 11,985 cr. Navi Mumbai International Airport commenced operations. Adani Solar (ANIL) is now a Top 10 global solar manufacturer. The company successfully completed a Right Issue raising Rs. 24,930 cr, oversubscribed by 30%. The results reflect AEL’s resilient execution and diversified infrastructure portfolio.
Financial Performance Highlights
Key consolidated financial highlights for the nine months ended December 31, 2025 (9M FY26), year-over-year (YoY):
- Revenue: Rs. 69,756 cr
- EBITDA: Rs. 11,985 cr
- PBT: Rs. 3,581 cr, excluding an exceptional gain of Rs. 9,215 cr from AWL stake sale and Cement units sale
AAHL Airports EBITDA surpasses FY25 full-year EBITDA by 7% in nine months.
Capital Market Achievements
- Successfully completed Right Issue, raising Rs. 24,930 cr, oversubscribed by 30%.
- Raised Rs. 1,000 cr through its 3rd public issue of NCDs in January 2026.
Key Business Updates
Significant business highlights include:
- Commencement of operations at Navi Mumbai International Airport on December 25th.
- Operationalization of two HAM Road projects, bringing the total to nine.
- Adani Solar (ANIL) recognized as a Top 10 global solar manufacturer.
- AEL water business secured LoA for the Mithi river project.
- ACX data center operational capacity exceeds 50 MW with the addition of 14.4 MW.
Adani New Industries (ANIL)
- Module sales tracked over 1 GW per quarter; domestic sales surged 40% to 997 MW on Y-o-Y.
- Wind division commenced 3.3MW WTG model supply.
Adani Airports Holdings Ltd (AAHL)
- Navi Mumbai International Airport operations began on December 25th, 2025.
- New integrated terminal building inaugurated at Guwahati airport.
- Added 7 new routes, 9 new flights, and 1 new airline.
Adani Road Transport Ltd (ARTL)
- Operationalized two HAM road projects, totaling nine operational projects.
ESG Highlights
- AEL achieved the highest leadership rating “A” in CDP for both water security and climate change.
Source: BSE
