Adani Ports’ Gross Debt Widens On Foreign exchange Loss Due To Weakening Rupee

Adani Ports’ Gross Debt Widens On Foreign exchange Loss Due To Weakening Rupee


Adani Ports and Particular Financial Zone Ltd.’s gross debt elevated by Rs 81 crore within the first 9 months of fiscal 2023 because the ports operator incurred international trade losses because of weakening of the rupee. The gross debt, as of December 2022 stood at Rs 45,534 crore in contrast with Rs 45,453 crore as of March 2022, it stated in an trade submitting on Saturday. The Adani group firm talked about that the long run debt was Rs 43,164 cror…