Adani Group’s debt-to-EBITDA down to 2.5x; cash balance at Rs 44,572 crore - The Economic Times
The groups gross assets to net debt stood at 2.5 times as on September 30. The group saw record quarterly operating profit growth of 64% YoY, while the operating profit as of December-end stood at Rs 78,823 crore ($9.5 billion).