Adani Airport Holdings-Adani Airports managed 23.4 million pax movements; Adani New Industries received its first external order of 300 MW for the new 3.3 MW WTG model; ANIL supplied 1 GW of India’s largest 5.2 MW wind turbines; and two new MDO service agreements were signed.

AEL's EBITDA from incubating businesses increased by 5% to ₹2,800 cr on a y-o-y basis and contributed 74% to Q1-FY26 results. AEL says it will witness operationalisation of the large infra-assets during this fiscal year, reflecting its project execution capabilities, which should result in EBITDA unlock and long-term value creation.

Gautam Adani, Chairman of the Adani Group, says the substantial rise in EBITDA contribution from its incubating businesses reflects the strength and scalability of the company's operating model. This performance has been led by the airports business, which delivered 61% year-on-year growth in EBITDA.

Adani says with assets like the Navi Mumbai International Airport, the copper plant and the Ganga Expressway set to become operational, the company is accelerating its mission to build next-generation infrastructure platforms.

During Q1 F25, AEL’s subsidiary entity Adani Commodities LLP sold a 10.42% stake in AWL through a block deal and realised ₹3,700 crore (before tax). It also entered into a Share Purchase Agreement with Wilmar Group for transferring the remaining stake of up to 20%.

The company also saw strong participation from retail and non-institutional investors to fully subscribe issue within three hours of the launch day. Completed its second public issue of NCDs, raising ₹1,000 crore in the last 12 months.