The Adani Group has released its Tax Transparency Reports for the financial year 2023-24, disclosing a total global tax contribution of $7 billion. This represents a 25% increase from the $5.6 billion contributed in the previous year, reinforcing the Group’s commitment to transparency and responsible governance.

The voluntary reports, published by seven of Adani’s listed entities—Adani Enterprises, Adani Ports & SEZ, Adani Green Energy, Adani Energy Solutions, Adani Power, Adani Total Gas, and Ambuja Cements—detail the Group’s contributions to the exchequer. The figure also includes taxes paid by NDTV, ACC, and Sanghi Industries, which are held by these companies.

“Transparency is the foundation of trust, and trust is essential for sustainable growth,” said Gautam Adani, Chairman of the Adani Group. “As one of India’s largest contributors to the exchequer, we recognise that our responsibility goes beyond compliance. It is also about operating with integrity and accountability. Every rupee we contribute to our nation’s finances reflects our commitment to transparency and good governance. By voluntarily sharing these reports with the public, we aim to foster greater stakeholder confidence and set new benchmarks for responsible corporate conduct.”

Breakdown of Tax Contributions The Tax Transparency Reports provide a detailed account of Adani’s contributions under three categories:

Direct Contributions – Taxes, duties, and charges borne directly by Adani’s portfolio of companies. Indirect Contributions – Taxes and duties collected and paid on behalf of other stakeholders. Other Contributions – Social security and employee-related payments. To ensure accuracy, the Group has engaged an independent agency to verify its tax contributions, further strengthening transparency and accountability.

Aligning Tax Transparency with ESG Commitments The Adani Group views tax transparency as an integral part of its broader Environmental, Social, and Governance (ESG) framework. By voluntarily disclosing its tax contributions, the Group aims to:

Strengthen stakeholder trust Foster greater corporate accountability Support India’s economic development With the global tax environment evolving, leading corporations worldwide are adopting voluntary tax disclosures to enhance credibility and governance. The Adani Group joins this movement, setting new benchmarks in corporate responsibility.

A Leader in Nation-Building Headquartered in Ahmedabad, the Adani Group is India’s largest and fastest-growing diversified business conglomerate. With operations spanning energy and utilities, transport and logistics (including seaports, airports, and rail), metals and materials, and consumer sectors, the Group is at the forefront of India’s infrastructure transformation.

Guided by its core philosophy of "Nation Building" and "Growth with Goodness," the Adani Group remains committed to sustainable development, environmental stewardship, and community welfare. Through its CSR initiatives, the Group actively promotes education, healthcare, and rural development.

Access to Reports The detailed Tax Transparency Reports for each of the seven companies are available on their respective company websites, offering stakeholders full access to the Group’s tax disclosures and governance commitments.