Source: Bloomberg
New Delhi, The Adani Group has claimed it paid almost ₹75,000 crore in taxes in the financial year 2024–25 (FY25), which is a 29% increase from the year before.
According to a statement issued on Thursday, the ports-to-energy conglomerate’s total tax contribution for FY25 was ₹74,945 crore, compared to ₹58,104 crore in FY24. This amount includes direct and indirect taxes, and employee social security contributions.
“For fiscal year 2025 (April 2024 to March 2025 financial year), the Adani Group’s total contribution to the exchequer increased by 29 per cent to Rs 74,945 crore, from Rs 58,104 crore in FY 2023-24, through its portfolio of listed entities,” it said in a statement.
Tax Breakdown
- Direct taxes: ₹28,720 crore
- Indirect taxes: ₹45,407 crore
- Other contributions (like social security): ₹818 crore
Key Contributors
The tax was paid by the listed companies in the Adani Group. The major contributors of the tax include:
- Adani Enterprises Limited (AEL)
- Adani Cement Limited (ACL)
- Adani Ports and Special Economic Zone Limited (APSEZ)
- Adani Green Energy Limited (AGEL)
(note that the total also included tax paid by NDTV, ACC, and Sanghi Industries- owned by the listed main firm of the group.)
“The details are covered in the independent annual reports published by seven of the group’s listed entities – Adani Enterprises Limited, Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, Adani Energy Solutions Limited, Adani Power Limited, Adani Total Gas Limited, and Ambuja Cements Limited,” the statement said.
Emphasis on Transparency
The Group has divulged full details of its seven Anchor companies’ annual reports. They also develop and publish a document on their websites entitled – ‘Basis of Preparation and Approach to Tax’ on the website of it’s seven entities, fully explaining how the group pays tax on a global basis and in the document includes:
- Direct taxes and duties imposed on the companies
- Indirect taxes that are collected and remitted to the government
- Other contributions such as social security for employees
Commitment to ESG
The Adani group stated tax transparency is another aspect of its overall focus on environmental, social, & governance (ESG) practices.
“Adani Group considers tax transparency as an integral part of its broader ESG framework. Through this voluntary initiative, the Group aims to demonstrate its commitment to transparency, foster stakeholder trust, and contribute to a more accountable global tax environment. The group strives to harmonise growth with social responsibility, aiming to transform India’s infrastructure landscape while promoting innovation and creating long-term value for stakeholders,” the statement added.
