Gautam Adani highlights debt reduction and validation of business strategy
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Gautam Adani highlights debt reduction and validation of business strategy
Adani Group Chairman Gautam Adani addresses students at a special Teacher's Day event and says, To demonstrate our resilience, we raised several thousand crores from various sources and proactively reduced our debt-to-EBITDA ratio to less than 2.5 times.
This ratio is unmatched even by the strongest infrastructure companies worldwide.
Our all-time record financial results, delivered amid challenges, showcased our commitment to operational excellence and received tremendous support from global rating agencies, the financial community, and investors like GQG Partners, Total Energies, IHC, QIA, and the US Development Finance Corporation.
The Supreme Court of India's affirmation of our actions was the final validation of our approach.
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