Ports-to-power conglomerate Adani Group on Sunday said group companies paid Rs 58,104 crore in taxes in 2023-24, up from Rs 46,610 crore in the previous financial year.

The Adani Group's total global tax and other contributions to the exchequer amounted to Rs 58,104.4 crore for the financial year 2023-24, showcasing a significant increase from the previous year's Rs 46,

Transparency is the foundation of trust, and trust is essential for sustainable growth, Gautam Adani, Chairman of the Adani Group, said in the statement.

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.

Karan Adani, Managing Director of Adani Ports & SEZ Ltd., on February 21 announced a Rs 30,000 crore investment in Kerala over the next five years.“Further we will be expanding the Trivandrum International Airport from 4.

Having already invested INR 5,000 crore in Vizhinjam, the company plans an additional infusion of INR 20,000 crore, positioning it as the largest transshipment port in the region.