Gautam Adani Says Debt To EBIDTA Ratio Has Halved In Nine Years

In an exclusive conversation with India Today, Gautam Adani, Chairman, Adani Group talks about the debt levels of the group. Adani said the group is financially very strong and secure. “In the past nine years, our profit has been growing at twice the rate of our debt, because of which our debt to EBITDA ratio has come down from 7.6 to 3.2, which is very healthy for a large group where most of the companies are in the infrastructure space with assured and predictable cash flows unlike in manufacturing,” he said.