Ahmedabad, May 1 -- Adani Enterprises Ltd (AEL), the company of the Adani Group, reported a consolidated EBITDA rising by 26 per cent year-on-year to Rs 16,722 crore, driven by continued strong operational performance from incubating businesses.

According to the financial report filed by the company with the exchanges, the EBITDA of incubating businesses was up by 68 per cent which stood at Rs. 10,025 crore.

EBITDA, or earnings before interest, taxes, depreciation, and amortisation, is an alternative measure of a company's overall financial performance.

The consolidated profit before tax (PBT) increased 16 per cent to Rs 6,533 crore, while revenue grew by a modest 2 per cent to Rs 1,00,365 crore.

The company also recorded an significa...