The apples-to-airport conglomerate made a tremendous comeback, as Adani Group companies reported a record 45 per cent gain in pre-tax profit (EBITDA) to Rs 829.17 billion in FY24, the group announced on Sunday. Adani Group concentrated on debt containment, lowering founder share pledges, and streamlining the firm on core competencies in 2023?2024 as a response to a critical report by a US short seller that negatively impacted the market value of its listed companies. The compound annual growth rate (CAGR) for profit growth over a five-year period was 54%. 'Core infrastructure' industries account for up to 84% of EBITDA and generate extremely predictable cash flows. The Adani Group claimed in a statement that its cash profit, or funds flow from operations (FFO), was at Rs 568.28 billion, representing a growth of 51% year over year thanks to a disciplined investment strategy offering strong conversion. 350 million customers are served by a robust asset base valued at Rs 4.78 trillion, which was developed over the course of three decades to sustain resilient vital infrastructure. The results for FY24 (2023?24 fiscal year) and the previous five years demonstrate the durability of Adani's operations and the strength and stability of its portfolio, which despite all external headwinds and volatility continues to produce strong and steady growth year after year. It also emphasizes its exceptional approach to capital allocation, which minimizes risks and maximizes profits, the statement read.