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How the Arm IPO is lining up for its owner—SoftBank

Adani Group Moves Ahead With 10-Year Capital Plan, Leverage Down On Record Ebitda

Adani Group's net leverage ratio has declined to 10-year low as its operating income rises to a record high. The group's leverage has fallen to 2.81-times on a net debt-to-run rate Ebitda basis from 3.2-times in FY22, led by record run-rate Ebitda of Rs 66,566 crore at the end of June. Run-rate Ebitda considers annualised Ebitda for assets commissioned after the start of the year and includes other income.

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