Adani Group Is Borrowing 3.5 Billion Dollar Loan

Adani Group Is Borrowing 3.5 Billion Dollar Loan

To pay off debts it racked up when it bought Ambuja Cements Ltd. and ACC Ltd.

To pay off debts it racked up when it bought Ambuja Cements Ltd. and ACC Ltd.

The Adani Group Allready has a $ 28 billion Debt

The Adani Group Allready has a $ 28 billion Debt

But its combined net debt/EBITDA ratio went down from 3.81X to 3.27X in FY23

But its combined net debt/EBITDA ratio went down from 3.81X to 3.27X in FY23

Also, the debt service cover went up from 1.98X in FY22 to 2.02X in FY23.

Also, the debt service cover went up from 1.98X in FY22 to 2.02X in FY23.