The Adani Group has released its Tax Transparency Reports for the financial year 2023-24, highlighting a substantial increase in its contributions to the exchequer. The group’s total global tax and other financial contributions amounted to Rs 58,104.4 crore, marking a sharp rise from Rs 46,610.2 crore in the previous fiscal year.
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This financial impact is detailed in independent reports published by seven of the group’s listed entities, including Adani Enterprises Limited, Adani Ports and Special Economic Zone Limited, Adani Green Energy Limited, Adani Energy Solutions Limited, Adani Power Limited, Adani Total Gas Limited, and Ambuja Cements Limited. The figures also account for contributions from NDTV, ACC, and Sanghi Industries.
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Gautam Adani, Chairman of the Adani Group, emphasised the significance of transparency in corporate operations. “Transparency is the foundation of trust, and trust is essential for sustainable growth. Every rupee we contribute to our nation’s finances reflects our commitment to transparency and good governance,” he stated.
The group views tax transparency as an integral part of its Environmental, Social, and Governance (ESG) framework, aligning corporate growth with social responsibility.
(With ANI inputs)
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