AHMEDABAD : The Adani Group portfolio companies posted a record first half in the ongoing financial year as well as trailing twelve months performance, led by its incubating businesses with limited net exposure to Indian banks.

According to the company’s statement released on Monday, its net exposure to Indian banking was recorded at $11 billion, or 42% of the company’s current debt mix. However, the net exposure is low after accounting for cash of $6 billion, most of which is parked with Indian banks.

All portfolio companies have sufficient liquidity . . .