Commodity Trading & Distribution company Adani Enterprises announced Q2FY24 & H1FY24 results: Q2FY24: EBIDTA increased by 39% to Rs 2,979 crore on account of strong incubating businesses Cash Accruals increased by 26% to Rs 1,242 crore H1FY24: EBIDTA increased by 43% to Rs 5,874 crore Cash Accruals increased by 48% to Rs 2,733 crore Incubating assets backed by EBIDTA increased by 111% to Rs 2,825 crore Incubating assets-backed businesses PBT increased by 22x to Rs 1,210 crore “We are fundamentally reshaping the essence of incubation scale and velocity,” said Gautam Adani, Chairman of the Adani Group. He added, “Adani Enterprises covers sectors that span energy, utility, transport, D2C, and primary industries. With many ventures now market-ready and thriving, our H1 FY23-24 results have been boosted by the core infra incubating businesses, thereby being a strong testament to our incubating ventures.” Result PDF