Adani Group Plans Massive Capex Increase to Rs 1.3 Tn in FY25

26 Jun 2024 CW Team

The Adani Group, led by billionaire Gautam Adani, is set to nearly double its capital expenditure (capex) in the fiscal year 2025. The group plans to increase its capex from Rs 700 billion in FY24 to a staggering Rs 1.3 trillion. This substantial boost aims to support the conglomerate's ambitious growth plans across various sectors including energy, infrastructure, and logistics.

This decision comes amidst a period of robust performance for the Adani Group, with its EBITDA for 2023 rising by 34% to Rs 790 billion. The group's portfolio spans a diverse range of industries from renewable energy to transportation infrastructure, reflecting its strategy to expand its footprint both domestically and internationally.

The significant increase in capex is expected to enhance the group?s capabilities in key areas such as green hydrogen production, solar module manufacturing, and the expansion of its logistics and transportation infrastructure. Additionally, Adani Ports & SEZ aims to handle more cargo, boosting operational capacity and efficiency.

Overall, the Adani Group?s aggressive investment strategy underscores its commitment to driving growth and maintaining its position as a leading player in India?s economic landscape.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..