Adani Ports gets loan of ?1289 crore: first loan after clean chit in corruption case; was accused of paying bribe of ?2,029 crore

Gautam Adani’s company Adani Ports and Special Economic Zone (APSEZ) has received a loan of $150 million (about Rs 1289 crore) from Singapore’s DBS Group. According to a Bloomberg report, this loan has been received for 4 years. This is the first global loan received by any company of Adani Group after getting a clean chit in the corruption case. The company will use this loan for capital expenditure. The company is negotiating for a loan of 6 thousand crores. Adani Group is also negotiating a loan of $ 750 million (about Rs 6450 crore) from Barclays, First Abu Dhabi Bank and Standard Chartered for its airport business. Last month, the company bought a construction company by issuing a bond of $ 750 million. A giant company like BlackRock also invested in this bond. Adani got a clean chit in the bribery case Earlier, no evidence was found in the US Justice Department’s investigation into corruption allegations against Adani Group chairman Gautam Adani and nephew Sagar Adani. Adani Green Energy said in a statement that no irregularities were found in the independent investigation of the company’s top officials, including the chairman. In fact, in November 2024, 8 people including Adani were accused of giving a bribe of $ 250 million i.e. about Rs 2,029 crore to government officials. Adani Ports’ profit increased 48% to Rs 3014 crore in the fourth quarter Adani Group company Adani Ports and Special Economic Zone (SEZ) has earned a total of Rs 8,770 crore in the fourth quarter (Q4FY25) of the financial year 2024-25. This is 21.81% more than last year. In the same quarter last year, the company had earned Rs 7,200 crore. If we deduct the expenses like salary of employees, tax, cost of raw material from the total earnings, then the company is left with Rs 3,014 crore as net profit (consolidated net profit). On an annual basis (January-March 2024), it was 47.74% more. At the same time, it has increased by 20% as compared to the previous quarter i.e. October-December.

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