Adani Group’s Contribution to Exchequer Rises 29% to ₹74,945 Cr in FY25
The Adani Group on Thursday announced a substantial 29% year-on-year increase in its total contribution to the exchequer, reaching ₹74,945 crore in FY25 through its portfolio of listed companies. This is up from ₹58,104 crore in FY24, marking a significant boost to India’s public finances.
Of the total, the group made direct contributions of ₹28,720 crore, indirect contributions of ₹45,407 crore, and other contributions totaling ₹818 crore, according to a company statement.
To put the figure in context, ₹74,945 crore is roughly equivalent to the cost of constructing the entire Mumbai Metro network — a critical urban infrastructure system — or enough to host a modern-day Olympic Games, underscoring the scale of the group’s fiscal impact.
Key Contributors
Among the Group’s publicly listed entities, the leading contributors include:
- Adani Enterprises Ltd (AEL)
- Adani Cement Ltd (ACL)
- Adani Ports and Special Economic Zone (APSEZ)
- Adani Green Energy Ltd (AGEL)
These contributions are detailed in the annual reports of seven listed Adani companies, namely:
- Adani Enterprises Limited
- Adani Ports and SEZ Limited
- Adani Green Energy Limited
- Adani Energy Solutions Limited
- Adani Power Limited
- Adani Total Gas Limited
- Ambuja Cements Limited
Additionally, taxes paid by NDTV, ACC, and Sanghi Industries—subsidiaries held by the seven listed firms—are also included in the total.
Focus on Transparency and ESG
The Group has published a comprehensive document titled “Basis of Preparation and Approach to Tax” on the websites of its listed companies, outlining the methodology behind its global tax reporting. This includes:
- Direct contributions such as taxes, duties, and charges borne by Adani companies.
- Indirect contributions including taxes and duties collected and remitted on behalf of other stakeholders.
- Other contributions such as social security and employee welfare levies.
The Adani Group emphasized that tax transparency is a cornerstone of its ESG (Environmental, Social, and Governance) strategy.
“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,” it said in a statement.
“We strive to harmonise growth with social responsibility — transforming India’s infrastructure while creating long-term value for stakeholders.” To further enhance credibility, the Group engaged an independent professional agency to audit and provide assurance on its reported contributions.