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Adani Enterprises reports consolidated net loss of Rs 416.95 crore in Q2

31 Oct 2013 Evaluate

Adani Enterprises has reported results for the second quarter ended September 30, 2013.

The company has reported a net loss of Rs 102.25 crore for the quarter as compared to a net profit of Rs 141.95 crore for the same quarter in the previous year. However, total income of the company has increased by 40.41% at Rs 3564.49 crore for quarter under review as compared to Rs 2538.65 crore for the quarter ended September 30, 2012.

The Group has reported a net loss of Rs 416.95 crore for the quarter as compared to a net profit of Rs 320.21 crore for the same quarter in the previous year. However, total income of the Group has increased by 33.72% at Rs 14009.63 crore for quarter under review as compared to Rs 10477.03 crore for the quarter ended September 30, 2012.

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