Adani Enterprises Ltd, the flagship firm of the Adani group, reported a 50.57% year-on-year decline in its consolidated net profit, reaching Rs 227.82 crore compared to Rs 460.94 crore in the corresponding quarter last year. The consolidated revenue from operations dropped 41% year-on-year to Rs 22,517.33 crore from Rs 38,175.23 crore in the same quarter last year.
The firm noted a 39% rise in consolidated EBITDA for the quarter, amounting to Rs 2,979 crore due to strong incubating businesses, as stated in a BSE filing. Cash accruals increased by 26% to Rs 1,242 crore, the company said.
Adani Adani Enterprises traded flat on November 2 at 3:13 p.m. IST at ₹2,205
| Amount (in crore) | Year-on-Year Change | |
|---|---|---|
| Consolidated Net Profit | Rs 227.82 | -50.57% |
| Revenue from Operations | Rs 22,517.33 | -41% |
| Consolidated EBITDA | Rs 2,979 | +39% |
| Cash Accruals | Rs 1,242 | +26% |
