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Adani flags improving debt metrics to bolster confidence

Adani Group’s net debt to earnings before interest, tax, depreciation and amortization improved to 3.27 times at the end of March compared with 3.81 times a year ago, while cash balance rose to 403.5 billion rupees ($4.9 billion), the company said in a report on Monday.

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​ Adani Group’s net debt to earnings before interest, tax, depreciation and amortization improved to 3.27 times at the end of March compared with 3.81 times a year ago, while cash balance rose to 403.5 billion rupees ($4.9 billion), the company said in a report on Monday. Adani Group’s net debt to earnings before interest, tax, depreciation and amortization improved to 3.27 times at the end of March compared with 3.81 times a year ago, while cash balance rose to 403.5 billion rupees ($4.9 billion), the company said in a report on Monday.  Moneycontrol Latest News Read More  

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