Adani Enterprises Limited

rs,

1st May, 2025 BSE Limited P J Towers, Dalal Street, Mumbai – 400001. National Stock Exchange of India Limited Exchange plaza, Bandra-

26%

Media Release Adani Enterprises Ltd announces FY25 results Consolidated EBITDA increased by 26% to Rs. 16,722 cr Consolidated PBT increased by 16% to Rs. 6,533 cr Incubating Businesses EBITDA

Rs. 16,722

ia Release Adani Enterprises Ltd announces FY25 results Consolidated EBITDA increased by 26% to Rs. 16,722 cr Consolidated PBT increased by 16% to Rs. 6,533 cr Incubating Businesses EBITDA up by 68% to R

16%

Y25 results Consolidated EBITDA increased by 26% to Rs. 16,722 cr Consolidated PBT increased by 16% to Rs. 6,533 cr Incubating Businesses EBITDA up by 68% to Rs. 10,025 cr Consolidated financial

Rs. 6,533

ults Consolidated EBITDA increased by 26% to Rs. 16,722 cr Consolidated PBT increased by 16% to Rs. 6,533 cr Incubating Businesses EBITDA up by 68% to Rs. 10,025 cr Consolidated financial highlights FY2

68%

16,722 cr Consolidated PBT increased by 16% to Rs. 6,533 cr Incubating Businesses EBITDA up by 68% to Rs. 10,025 cr Consolidated financial highlights FY25 (YoY) Synopsis • Revenue increased by

Rs. 10,025

cr Consolidated PBT increased by 16% to Rs. 6,533 cr Incubating Businesses EBITDA up by 68% to Rs. 10,025 cr Consolidated financial highlights FY25 (YoY) Synopsis • Revenue increased by 2% to Rs. 1,00

2%

to Rs. 10,025 cr Consolidated financial highlights FY25 (YoY) Synopsis • Revenue increased by 2% to Rs. 1,00,365 cr • EBITDA increased by 26% to Rs. 16,722 cr driven by continued strong operation

Rs. 1,00,365

10,025 cr Consolidated financial highlights FY25 (YoY) Synopsis • Revenue increased by 2% to Rs. 1,00,365 cr • EBITDA increased by 26% to Rs. 16,722 cr driven by continued strong operational performance

Rs. 3,946

nesses • PBT increased by 16% to Rs. 6,533 cr • Additionally, AEL recognised exceptional gain of Rs. 3,946 cr on AWL stake sale • AEL rating upgraded to AA-/Stable by CARE and the same was assigned by ICRA

6 GW

5 • ANIL started further expansion of solar cell and module lines for an additional capacity of 6 GW with financial closure secured • ANIL wind business completed capacity expansion to 2.25 GW with

2.25 GW

acity of 6 GW with financial closure secured • ANIL wind business completed capacity expansion to 2.25 GW with mix of 5.2 MW, 3.3 MW and 3.0 MW WTG models • AdaniConnex completed construction of Noida

“Cash Accruals = Profit Before Tax + Depreciation – Current Taxes Incubating Businesses Financial Highlights Q4 FY24 Q4 FY25 % change Y-o-Y FY24 (Rs.”

“Origination Site Development Construction • Analysis & market • Site acquisition • Engineering & design intelligence • Viability analysis • Concessions & regulatory agreements • Sourcing & quality • Project Management Consultancy (PMC) OPERATIONS 2 Operations (AIMSL) Operation • Life cycle O&M planning CONSUMERS New C.E.O.”

“(additional company is being proposed) | O&M: Operations & Maintenance l HVDC: High voltage direct current l PSU: Public Sector Undertaking (Public Banks in India) l GMTN: Global Medium-Term Notes l SLB: Sustainability Linked Bonds l AEML: Adani Electricity Mumbai 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

4

For more information please contact

1

For Further info please contact

1

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 excellence, innovation and sustainability. As we scale up in energy transition, airports, data centers and mining services, we are creating new market leaders that will drive India's growth story for decades to come. Each success across our incubation spectrum accelerates our mission to create long-term value and catalyses India's emergence as a global economic powerhouse." Consolidated Financial Highlights Particulars Total Income EBITDA Exceptional Gain/(Loss) Profit Before Tax Profit After Tax1 Cash Accruals3 Q4 FY24 29,630 3,646 (627) 694 449 1,662 Q4 FY25 27,602 4,346 3,946 5,259 3,8452 1,190 % change Y-o-Y (7%) 19% - 6.6x 7.5x (28%) FY24 FY25 98,282 13,237 (715) 4,925 3,240 7,076 1,00,365 16,722 3,946 10,479 7,1122 7,968 (Rs. in Crore) % change Y-o-Y 2% 26% - 1.1x 1.2x 13%

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 Business Updates Adani New Industries (ANIL - Green Hydrogen Ecosystem) Solar manufacturing • Module sales increased by 59% y-o-y basis to 4263 MW with higher EBITDA margins on account of improved realization and operational efficiency • Construction started for additional 6 GW cell and module line capacity extension with financial closure secured Wind Turbine manufacturing • Capacity increased to 2.25 GW (450 sets p.a.) with its offerings of four listed WTG models • Won “ICC Green Energy award” in the 5th edition of Green Urja and Energy Efficiency awards AdaniConnex Pvt Ltd (ACX - Data Center) Hyderabad Data Center • Phase II of Hyderabad Data Center of 9.6 MW C&S 100% and MEP ~38% completed Noida Data Center • Construction completed for 50 MW C&S and 10 MW MEP Pune Data Center

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 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, AEL has focused on building emerging infrastructure businesses, contributing to nation-building and divesting them into separate listed entities. Having successfully built sizeable and scalable businesses like Adani Ports & SEZ, Adani Energy Solutions, Adani Power, Adani Green Energy, Adani Total Gas and Adani Wilmar, the Company has contributed to make India self-reliant with its robust businesses. This has also led to significant returns to its shareholders for three decades. The next generation of its strategic business investments are centered around green hydrogen ecosystem, airport management, data center, roads a

For more information please contact

Roy Paul Adani Group, Corporate Communication Tel: +91-79-25556628 roy.paul@adani.com Manan Vakharia Adani Enterprises Ltd Investor Relations Tel: +91-79-25556140 mananj.vakharia@adani.com 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 Adani Enterprises Ltd Earnings Presentation Q4 FY25 AEL : Consolidated Financial Highlights (YoY) Year ended Rs in crores Total Income 2% 98,282 24,398 1,00,365 34,546 42% 73,884 65,819 Results at glance EBITDA 26% 16,722 5,640 68% 10,025 2,668 13,237 5,964 7,273 6,697 2,972 FY-24 FY-25 FY-24 FY-25 FY-24 PBT 16% # 6,533 87% 4,996 1,537 FY-25 Established Businesses Incubating Businesses (core infra) #Excluding exceptional pre-tax gain of Rs. 3,946 cr on AWL stake sale Incubating Business – [Energy & Utility – ANIL Ecosystem, Adani Connex Data Center, Transport & Logistics – Adani Airports Holdings Ltd, Adani Road Transport Ltd] Established Business – [Primary Industries – Mining services, IRM, Mining, Metals and Industrials] 2 AEL : Incubating Business Growth ANIL AAHL Green Hydro