Robbie Singh

If you were to report a run rate number on asset, we would have reported instead of 16, we would have reported a number close to 19.

The thing it does is compresses the margin, but we'll That gain we will make from productivity as we go through this. Short term is slight margin compression, which you notice in the numbers.

Adani Solar, which is part of Adani New Industries, was recognized as world's top 10 solar manufacturers. It's the only Indian company in the top 10 in the world.

Post stabilization, these three assets (Navi Mumbai, Kutch Copper, Ganga Expressway) are expected to add well over INR 3,000 crore to EBITDA.

On the defense side, we will update fully, as a segment, in detail from the first half of next year, so post the September results.

We will see EBITDA unlocking from assets like Navi Mumbai Airport, Kutch Copper, and Ganga Expressway as we move forward in FY2025-FY2026.

Our business plan is not significantly dependent upon, in any significant way, on the EBITDA of the manufacturing component of Adani New Industries. It is finally a green hydrogen business, and consequently, that is the bigger aim for us.

We expect that the rate of return on assets will be tracking above 15% on these assets.

This half year, AEL has recorded its highest ever EBITDA of INR 8,654 crore.

The emerging core infra businesses recorded half year EBITDA of INR 5,233 crore, which is an increase of 85% on year-on-year basis.

AEL is not doing that at all. It's the wrong media article, because that is... Adani Infra (India) Limited... is the entity that is buying this construction.

We are now ready to commission India's first ingot and wafer line of 2 GW, which will go into the solar manufacturing businesses of AEL.