Adani Enterprises Limited

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2nd November 2023 BSE Limited P J Towers, Dalal Street, Mumbai – 400001. National Stock Exchange of India Limited Exchange plaza, Bandra-

43%

xure “A”. Media Release – Adani Enterprises Ltd H1 FY24 Results Consolidated EBIDTA increased by 43% to Rs. 5,874 cr Emerging core infra incubating businesses contributed 48% of Total EBIDTA Incub

Rs. 5,874

”. Media Release – Adani Enterprises Ltd H1 FY24 Results Consolidated EBIDTA increased by 43% to Rs. 5,874 cr Emerging core infra incubating businesses contributed 48% of Total EBIDTA Incubating assets b

48%

ted EBIDTA increased by 43% to Rs. 5,874 cr Emerging core infra incubating businesses contributed 48% of Total EBIDTA Incubating assets backed EBIDTA increased by 111% to Rs. 2,825 cr EDITOR’S SYNO

111%

ncubating businesses contributed 48% of Total EBIDTA Incubating assets backed EBIDTA increased by 111% to Rs. 2,825 cr EDITOR’S SYNOPSIS Financial Highlights H1 FY24 (Consolidated) (YoY Basis): •

Rs. 2,825

g businesses contributed 48% of Total EBIDTA Incubating assets backed EBIDTA increased by 111% to Rs. 2,825 cr EDITOR’S SYNOPSIS Financial Highlights H1 FY24 (Consolidated) (YoY Basis): • EBIDTA increas

Rs. 2,733

ted) (YoY Basis): • EBIDTA increased by 43% to Rs. 5,874 cr • Cash Accruals1 increased by 48% to Rs. 2,733 cr • Incubating assets backed EBIDTA increased by 111% to Rs. 2,825 cr • Incubating assets backed

22x

ed EBIDTA increased by 111% to Rs. 2,825 cr • Incubating assets backed businesses PBT increased by 22x to Rs. 1,210 cr Business Highlights: Business Highlights ANIL Solar Manufacturing Ecosys

Rs. 1,210

TA increased by 111% to Rs. 2,825 cr • Incubating assets backed businesses PBT increased by 22x to Rs. 1,210 cr Business Highlights: Business Highlights ANIL Solar Manufacturing Ecosystem • Ingot

132%

Operational Highlights (YoY Basis): Business H1 FY24 ANIL Ecosystem - Modules volume up by 132% to 1244 MW AAHL - Airports - Pax movements up by 29% to 42.7 Mn from seven operational airpor

1244 MW

onal Highlights (YoY Basis): Business H1 FY24 ANIL Ecosystem - Modules volume up by 132% to 1244 MW AAHL - Airports - Pax movements up by 29% to 42.7 Mn from seven operational airports - Air

29%

ANIL Ecosystem - Modules volume up by 132% to 1244 MW AAHL - Airports - Pax movements up by 29% to 42.7 Mn from seven operational airports - Air Traffic movements up by 15% to 289.8K Primar

“(additional company is being proposed) O&M: Operations & Maintenance, HVDC: High voltage, direct current, PSU: Public Sector Undertaking (Public Banks in India), GM TN: Global Medium-Term Notes SLB: Sustainability Linked Bonds, AEML: Adani Electricity Mumbai Ltd., AIMSL : Adani Infra Mgt Services Pvt Ltd, IG: Investment Grade, LC: Letter of Credit, DII: Domestic Institutional Investors, COP26: 2021 United Nations Climate Change Conference; AGEL: Adani Green Energy Ltd .”

“• Project Suposhan undertaken by Adani Wilmar is successfully continuing its operation.”

“✓ Development of ESG related policies, and procedures ✓ Support AEL BUs for developing transition plan to become operational net zero ✓ Capacity Building on ESG for businesses including training ✓ Submit response to key ESG rating agencies such as DJSI and CDP and develop ESG & BRSR Report.”

“✓ ESG target setting and monitoring performance Roles & Responsibilities of BU ESG Team ✓ Create business-level ESG strategy, implementation and monitoring plan.”

Registered Office

3

Business Highlights

1

Notes

1

Business Highlights

Business Highlights ANIL Solar Manufacturing Ecosystem • Ingot pilot plant completed • ANIL produces India’s first wafer Wind Manufacturing • Successfully enlistment in the Revised List of Models & Manufacturers and commercial production started • Received Wind Guard certification affirming international recognition AWL - Water • Achieved Commercial Operation Date certificate for Prayagraj Water project AAHL - Airports • Mumbai Airport became the 1st in India & 3rd in the world to receive the Level 4 customer experience accreditation • Ahmedabad Airport has inaugurated New Arrival & Departure Immigration block in T2 • Domestic Cargo Terminal operationalized at Jaipur Airport Adani Enterprises Ltd (CIN No : L51100GJ1993PLC019067)

Registered Office

“Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S.G. Highway, Khodiyar, Ahmedabad 382 421, Phone : 079-26565555 ; Fax : 079-26565500 ; Email : info@adani.com ; Website : www.adanienterprises.com Operational Highlights (YoY Basis): Business H1 FY24 ANIL Ecosystem - Modules volume up by 132% to 1244 MW AAHL - Airports - Pax movements up by 29% to 42.7 Mn from seven operational airports - Air Traffic movements up by 15% to 289.8K Primary Industries - Mining Services - Production maintained at 13.5 MMT - Dispatch maintained at 12.6 MMT Primary Industries - IRM - Volume stood at 36.6 MMT Ahmedabad, November 2, 2023: Adani Enterprises Ltd (AEL), part of the Adani Group, today announced its results for the quarter and half year ended September 30, 2023 AEL, has made significant progress in its strong incubation pipeline during the first half of the fiscal year 2023-24. The company's latest results showcase the emergence of key incubating businesses, including green hydrogen int

Registered Office

“Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S.G. Highway, Khodiyar, Ahmedabad 382 421, Phone : 079-26565555 ; Fax : 079-26565500 ; Email : info@adani.com ; Website : www.adanienterprises.com ➢ AdaniConnex Pvt Ltd (ACX - Data Center) • Update on overall project completion at Data Centers Data Center Chennai Phase-I 17 MW Noida – 50 MW Hyderabad – 48 MW Status Operational 63% 65% • Orderbook of 111+ MW from Hyperscale & Enterprise customers ➢ Adani Water Ltd (AWL - Water) • Achieved Commercial Operation Date certificate for Prayagraj water project ➢ Adani Airports Holdings Ltd (AAHL - Airports) Adani Airports handled at seven operation airports; • Pax movements up by 31% to 21.4 Mn passengers • Air Traffic Movements up by 17% to 148.2 K • Cargo stood at 1.9 Lacs MT

Notes

1. Cash Accruals is equal to Profit Before Tax + Depreciation – Current Taxes About Adani Enterprises Ltd Adani Enterprises Limited (AEL) is the flagship company of Adani Group, one of India’s largest business organisations. Over the years, Adani Enterprises has focused on building emerging infrastructure businesses, contributing to nation-building and divesting them into separate listed entities. Having successfully built unicorns like Adani Ports & SEZ, Adani Energy Solutions, Adani Power, Adani Green Energy, Adani Total Gas and Adani Wilmar, the company has contributed significantly to make the country self-reliant with our portfolio of robust businesses. This has also led to significant returns to our shareholders over 3 decades. The next generation of its strategic business investments are centered around green hydrogen ecosystem, airport management, data center, roads and primary industry like copper and petrochem all of which have significant scope for value unlocking. For more

Registered Office

“Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S.G. Highway, Khodiyar, Ahmedabad 382 421, Phone : 079-26565555 ; Fax : 079-26565500 ; Email : info@adani.com ; Website : www.adanienterprises.com Annexure “B”. Adani Enterprises Ltd H1 & Q2 FY24 Earnings Presentation AEL : Consolidated Financial Highlights (YoY) Total Income Total Income Results at glance EBIDTA 43% Half Year Ended ` In Crores PBT 50% 79508 4,856 74,652 48876 10,608 118% 38,268 4100 1,339 5874 2,825 111% 10% 2,761 3,049 H1-23 H1-24 H1-23 H1-24 1958 1,210 748 H1-24 1303 1,360 (57) H1-23 Established Businesses Incubating Businesses Incubating Business – [Energy & Utility – ANIL Ecosystem, Adani Connex Data Center, Transport & Logistics – Adani Airports Holdings Ltd, Adani Road Transport Ltd] Established Business – [Primary Industries – IRM, Commercial Mining, Mining services] 2 AEL : Incubating Business Growth Half Year Ended ` In Crores ANIL Ecosystem Airports Roads Total Income Total Income Total Income 38