Adani Enterprises reports 7-fold jump in Q1 consolidated net profit

08 Aug 2019

Adani Enterprises has reported results for first quarter ended June 30, 2019.

The company has reported net profit of Rs 468.79 crore for the quarter under review against net loss of Rs 7.16 crore for the same quarter in the previous year. Total income of the company increased by 99.48% at Rs 5,513.00 crore for Q1FY20 as compared Rs 2,763.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 7-fold jump in its net profit at Rs 570.14 crore for the quarter under review as compared to Rs 80.14 crore for the same quarter in the previous year. Total income of the company increased by 39.43% at Rs 10,685.86 crore for Q1FY20 as compared Rs 7,664.20 crore for the corresponding quarter previous year.

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