Adani Ports is aiming for an Ebitda of Rs 15,000 crore in the fiscal year of 2023 and plans to prepay Rs 5,000 crore of debt

Adani Ports is aiming for an Ebitda of Rs 15,000 crore in the fiscal year of 2023 and plans to prepay Rs 5,000 crore of debt.

Adani Ports is aiming for an Ebitda of Rs 15,000 crore in the fiscal year of 2023 and plans to prepay Rs 5,000 crore of debt

The CEO and Whole-Time Director of Adani Ports and Special Economic Zone, Karan Adani, has stated that the company is aiming to achieve an EBITDA. between Rs 14,500 to 15,000 crore for the financial year that is due to end this March.

Adani Ports is aiming for an Ebitda of Rs 15,000 crore in the fiscal year of 2023 and plans to prepay Rs 5,000 crore of debt

Karan Adani added that in addition to an estimated capital expenditure of between Rs 4,000 to 4,500 crore.

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Adani Ports is aiming for an Ebitda of Rs 15,000 crore in the fiscal year of 2023 and plans to prepay Rs 5,000 crore of debt

This move is expected to significantly improve their net debt-to-EBITDA ratio, bringing it closer to 2.5x by the end of the financial year in March.

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Adani Ports is aiming for an Ebitda of Rs 15,000 crore in the fiscal year of 2023 and plans to prepay Rs 5,000 crore of debt

This move is expected to significantly improve their net debt-to-EBITDA ratio, bringing it closer to 2.5x by the end of the financial year in March.

Read more

Adani Ports is aiming for an Ebitda of Rs 15,000 crore in the fiscal year of 2023 and plans to prepay Rs 5,000 crore of debt

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