The Adani Group reported a 29% increase in tax payments across its portfolio companies and it has almost reached Rs 75,000 crore. This figure has direct and indirect taxes and also contributions made for employee social security, the company announced on Thursday.
“For fiscal year 2025 (April 2024 to March 2025 financial year), the Adani Group’s total contribution to the exchequer increased by 29 per cent to Rs 74,945 crore, from Rs 58,104 crore in FY 2023-24, through its portfolio of listed entities,” it said in a statement. This huge amount can build entire metro network of one city.
The Rs 74,945 crore tax outgo in FY25 is roughly the cost of building the entire Mumbai Metro network – an infrastructure lifeline for millions of people. It’s also nearly enough to host a modern-day Olympics.
Of the total contribution of Rs 74,945 crore, direct contributions stood at Rs 28,720 crore, indirect contributions stood at Rs 45,407 crore, while other contributions added at Rs 818 crore.
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The conglomerate said that among its publicly listed entities, the leading contributors include Adani Enterprises Limited (AEL), Adani Cement Limited (ACL), Adani Ports and Special Economic Zone (APSEZ), and Adani Green Energy Limited (AGEL).
“The details are covered in the independent annual reports published by seven of the group’s listed entities – Adani Enterprises Limited, Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, Adani Energy Solutions Limited, Adani Power Limited, Adani Total Gas Limited, and Ambuja Cements Limited,” the statement said.
The group has also published a document titled ‘Basis of Preparation and Approach to Tax’ on the websites of its seven entities, which provides a complete breakdown of Adani Group’s global tax and other contributions, it said.
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