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flag Adani Group's CFO attributes success to loyal retail investors, citing strong fundamentals and infrastructure growth despite negative narratives.

flag Adani Group CFO Jugeshinder Singh credited retail investors for their loyalty amid persistent negative narratives, calling them "noise" and "ghosts" fueled by external forces. flag He highlighted strong fundamentals, including a 15.1% return on assets, a gross asset base growth from ₹1.58 lakh crore to ₹6.77 lakh crore since 2019, and record ₹92,943 crore in trailing twelve-month EBITDA, with 83% from core infrastructure. flag Singh noted a 20% six-year CAGR in EBITDA, over 100 rating upgrades, and continued expansion in ports, power, and renewables—such as a 49% capacity increase at Adani Green Energy—emphasizing long-term infrastructure development over speculation.

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