Adani pins hopes on 20 per cent earnings growth every year to repay USD 23 billion debt

Adani pins hopes on 20% earnings growth every year to repay $23 billion debt

Embattled Adani Group is looking at a 20 per cent growth in earnings across businesses spanning from seaports to airports, edible oil and commodities, energy, cement and data centres, to repay about $23 billion of debt over the next 3-4 years in a comeback strategy, sources said.

Adani pins hopes on 20 per cent earnings growth every year to repay USD 23 billion debt

Adani Group has been hoping to claw back the narrative by choosing slow and steady growth over the breakneck, mostly debt-fuelled, expansion spree of recent years.

Adani pins hopes on 20% earnings growth every year to repay $23 bn debt

Embattled Adani Group is looking at a 20 per cent growth in earnings across businesses spanning from sea ports to airports, edible oil and commodities, energy, cement and data centres, to repay about USD 23 billion of debt over the next 3-4 years in a comeback strategy, sources said.

Adani: Adani pins hopes on 20% earnings growth every year to repay $23 billion debt

Embattled Adani Group is looking at a 20 per cent growth in earnings across businesses spanning from sea ports to airports, edible oil and commodities, energy, cement and data centres, to repay about $23 billion of debt over the next 3-4 years in a comeback strategy, sources said. Adani group executives have met bankers, bond holders, analysts and investors from Singapore to the US in the last three weeks to address stakeholders' concerns in the…