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Adani Enterprises reports 74% fall in Q3 consolidated net profit

07 Feb 2019 Evaluate

Adani Enterprises has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 45.43% in its net profit at Rs 188.05 crore for the quarter under review as compared to Rs 129.31 crore for the same quarter in the previous year. Total income of the company increased by 78.40% at Rs 4,620.91 crore for Q3FY19 as compared Rs 2,590.14 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 73.68% in its net profit at Rs 92.25 crore for the quarter under review as compared to Rs 350.55 crore for the same quarter in the previous year. However, total income of the company increased by 11.44% at Rs 10,548.14 crore for Q3FY19 as compared Rs 9,465.55 crore for the corresponding quarter previous year.

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