Gautam Adani, the Chairman of the Adani Group, addressed the Adani Group’s Annual General Meeting (AGM) today, June 24, 2025. All Adani Group stocks advanced in trade ahead of AGM.
Addressing the shareholders, Gautam Adani praised the armed forces saying, “This year, during Operation Sindoor, our brave men and women in uniform stood tall. Not for fame, not for medals – but for duty.”
He also expressed his grief over the lives lost in the Air India Flight 171 crash. “We also bow our heads in grief for the lives lost in the tragic crash of Air India Flight 171. So many dreams were silenced in an instant. So many families were forever changed. May we therefore carry both our gratitude and our grief as a reminder of what truly matters,” he said.
Praising the performance of Adani Group, Gautam Adani said, “Even in the face of the storms and relentless scrutiny, the Adani Group has never backed down. Instead, we 2 proved that true leadership is not built in sunshine. It is constructed in the fire of crisis.”
Performance In Focus
Gautam Adani said that the Adani Group expects record-breaking revenue in FY25, even in a year of turbulence. He emphasized, “We are proof of a Group that dares to dream beyond constraints and powered by a nation that breathes possibility into every tomorrow ahead of us.”
“Adani Power crossed 100 billion units of generation. A scale never before matched by any private sector company. It is now well on track to reach 31 GW capacity by 2030,” he said, adding that Adani Green is building the world’s largest renewable energy park in India. According to him, this will also be visible from space.
“From Khavda to the world, our target of 50 GW by 2030 is proof that scale and sustainability can coexist,” said Adani. Combining thermal, renewable and pumped hydro generation capacities, Adani Green will have a 100 GW capacity by 2030.
Furthermore, Adani said, “Adani Energy Solutions handled smart metering, high-voltage links and is keeping India’s grids future-ready. It secured close to Rs 44,000 crore in transmission orders and is executing Rs 13,600 crore worth of smart metering projects.”
More Details
Adani New Industries is building electrolysers and solar modules at global scale, aligned with India’s green goals, said Gautam Adani. “It is on track to expand its solar module manufacturing lines and will have a 10 GW integrated solar module manufacturing facility in place by the next financial year,” he added.
“Adani Ports handled a record 450 MMT of cargo and became the beating heart of India’s trade. With marine, trucking, warehousing, and even freight forwarding, we are creating a transport utility for the future. And in line with the Hon’ble Prime Minister’s Gati Shakti Mission, our logistic assets are powering MSME exports and reducing friction to increase India’s global competitiveness,” said Gautam Adani in his speech at the AGM.
“When it comes to Adani Defence – Operation Sindoor called, and we delivered. Our drones became the eyes in the skies as well as the swords of attack, and our anti-drone systems helped protect our forces and citizens. As I have always believed, we don’t operate in safe zones. We operate where it matters – where India needs us the most,” said Gautam Adani.
He said, “Natural Resources produced a record 47 million tonnes of coal and iron ore and is on track to achieve over 30% growth by FY26, according to Adani Group Chairman Gautam Adani. “We also pioneered India’s first hydrogen-powered mining truck.”
What Else Did Gautam Adani Said?
Gautam Adani noted that in terms of consolidated numbers, at the Group level, revenues grew by 7%, EBITDA by 8.2%, and Net debt-to-EBITDA ratio remained healthy at 2.6x. Total revenues were Rs 2,71,664 crore and adjusted EBITDA was Rs 89,806 crore.
“Our capital investment across businesses is set to break all records. We anticipate an annual Capex spend of $15-20 billion for the next five years. These are not just investments in our Group, but investments in the possibilities for doing our part to build India’s infrastructure,” he said.
Talking about Adani Airports, he said that the company also had a massive year of growth, with a record 94 million passengers in FY25. “We also completed the first test flight at the Greenfield Navi Mumbai Airport. This airport will open later this year with an initial passenger capacity of 20 million, of what will then become a 90 million passenger airport, giving us a 35% share of India’s airport passenger traffic,” said Gautam Adani.
Adani Total Gas serves 1 million PNG customers and runs 3,400 EV charging stations across 22 states, said Gautam Adani.
Dharavi, Asia’s largest slum, is now being reimagined as India’s most ambitious urban rehabilitation project, said Gautam Adani. “Our Dharavi Social Mission is uplifting youth through skilling, healthcare and employment programs. And over 1 million people will move from narrow lanes to a township that will feature spacious layouts, dual toilets, open spaces, schools, hospitals, transit hubs and parks,” he said.
“We have committed Rs 2,000 crore to build a world-class skill university and finishing school in Mundra, designed to empower youth from across India. Through Schools of Excellence, global certifications and partnerships with leaders like ITEES Singapore and IGCC, we aim to create an industry-ready workforce,” said Adani at the AGM.
Conclusion
In conclusion, Gautam Adani thanked the shareholders for being part of the Group’s growth journey. “Thank you for being on this journey with us. The greatest chapters of our story are still ahead. I promise you that the legacy of the Adani Group will not be reflected in the height of the towers it builds – but in the height of the beliefs we execute on. That is our truth. That is our promise,” he said.
Watch The Full Speech Of Gautam Adani:
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