Jugeshinder Singh
CFO, Adani Enterprises Limited
Notable Quotes
In just the last two years, incubating business results have shown an income which now equals the AEL total income for financial year 2023.
We expect the ramp-up to over the next, say, 180 days. Somewhere around Q3, we expect it to hit the full run rate.
The catchment area demand is the highest of any city in India.
The post-tax equity proceeds of this transaction will be roughly INR 14,200 crore, which will enable Adani Enterprises to invest up to INR 70,000 crore in its core infra businesses.
We lose a cash-after-tax of roughly INR 250 crore, and our new investments will result in a cash-after-tax of about INR 5,000 crore. So it's a 20-time improvement.
The nine-month EBITDA is roughly the same as last full-year EBITDA of 13,200.