Adani Enterprises Q2 profit drops 55% even as operating earnings surge 62%
Business Standard · Press Trust of India ·
Adani Enterprises' Q2 net profit fell 55% to ₹1,492 crore due to a high year-ago base, while total income surged 74% to ₹38,023 crore and EBITDA rose 62% to ₹6,316 crore.
Adani Enterprises' Q2 net profit fell 55% to ₹1,492 crore due to a high year-ago base, while total income surged 74% to ₹38,023 crore and EBITDA rose 62% to ₹6,316 crore.
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Adani Enterprises Ltd, the flagship firm of the conglomerate helmed by billionaire Gautam Adani, on Wednesday reported a 55 per cent fall in September quarter net profit to Rs 1,492 crore, from Rs 3,304 crore a year earlier, when it booked Rs 3,583 crore exceptional gain, mainly from selling its remaining stake in AWL Agri Business.
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