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AGEL Experienced Excellent Profitability in the First Quarter of the Current Fiscal Year

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The renewable energy wing of the Adani Group, Adani Green Energy Limited, has recently announced its consolidated net profit for FY25. As per reports, its net profit has increased 32% to reach INR 1,390 crore. The company reported a net profit of INR 1,051 crore in the previous fiscal year. The Adani Group's total income from its power business increased 24%. It reached INR 2,528 crore during the quarter as compared to the previous year's income of INR 2,025 crore. This rise in profit was mainly because of some of the incredible ventures taken by the Adani Group in the renewable energy sector like the Adani Srilanka project. The Reason Behind The Growth In Revenue: The robust growth in revenue, the EBITDA, and the cash flow were mainly because of the company's additional renewable energy capacity of 2,618 MW over the last few years. During the first quarter, its operational capacity increased by 31% year-on-year to reach 10,934 MW. This was mainly because of greenfield

Adani's Transformation of Sri Lanka Logistics

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The Adani group's entry into the country, a well-known Indian conglomerate with a large presence in the ports and logistics industry, Sri Lanka has recently been making news in the world of international commerce and investment. People in Sri Lanka and industry professionals are optimistic and excited about the development by the  Adani SriLanka  project. Adani's entry might lead to development through improved ports, more trade, job creation, and the transfer of technology and skills, which would be advantageous for the nation's economy. Adani's arrival in Sri Lanka could result in modifications to the country's ports and l ogistics as well as opportunities for modernisation and growth. The board undoubtedly claims that this project can create 2,000 jobs and 350 megawatts of electricity in just two years. About Adani SriLanka project With investments in the energy and port industries, the Adani Group is a significant investor in Sri Lanka. One of the group&#