Adani Group reports strong financial results amid US bribery allegations, with shares rising.

The Adani Group reported strong financial results for the first half of 2025, with a combined EBITDA of $5.5 billion, up 1.20% from the previous year. Despite facing US bribery allegations, the group emphasized robust cash reserves, covering long-term debt repayments for 28 months. Shares of nine out of ten Adani companies rose on Monday, aligning with a broader market rally, with Adani Energy Solutions leading the gains at nearly 7%. The group also clarified that it had not entered any binding agreements for Kenya's main airport.

November 25, 2024
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