Adani Group's tax payments rises 29% to nearly Rs 75,000 crore in FY25; from Rs 58,104 crore in FY24; includes both direct & indirect taxes
NEW DELHI: Adani Group announced on Thursday that it paid nearly Rs 75,000 crore in taxes in FY2024-25, marking a 29% increase from the previous year.
The Adani Group said its listed companies contributed Rs 74,945 crore to the exchequer in FY2024-25, up 29% from Rs 58,104 crore in the previous year.
This total includes direct and indirect taxes, along with payments made towards employee social security.
"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.
The tax contribution of Rs 74,945 crore in FY25 equals the construction cost of Mumbai's entire Metro network, which serves millions of commuters daily.
This amount would also be sufficient to organise a contemporary Olympics event.
The total contribution comprises Rs 28,720 crore in direct contributions, Rs 45,407 crore in indirect contributions, and Rs 818 crore in other contributions.
Among the publicly listed companies, the primary contributors include Adani Enterprises Limited (AEL), Adani Cement Limited (ACL), Adani Ports and Special Economic Zone (APSEZ), and Adani Green Energy Limited (AGEL).
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"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 figures include taxes from three additional listed companies - NDTV, ACC, and Sanghi Industries - which are owned by the seven primary entities.
The group has published a document titled 'Basis of Preparation and Approach to Tax' on its seven entities' websites, providing detailed information about the group's global tax and other contributions.
The document details direct contributions including global taxes and duties, indirect contributions comprising taxes collected and paid for stakeholders, and additional contributions like employee social security benefits.
"Adani Group considers tax transparency as an integral part of its broader ESG framework. Through this voluntary initiative, the Group aims to demonstrate its commitment to transparency, foster stakeholder trust, and contribute to a more accountable global tax environment. The group strives to harmonise growth with social responsibility, aiming to transform India's infrastructure landscape while promoting innovation and creating long-term value for stakeholders," the statement added.
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