Adani Enterprises Ltd.
10.60 (0.48%) Adani Enterprises reports 14% fall in Q3 consolidated net profit
Date: 09-02-2012Adani Enterprises has reported results for third quarter ended December 31, 2011.
The company has posted a jump of about five fold in its net profit to Rs 50.24 crore for the quarter ended December 31, 2011 as compared to Rs 10.34 crore for the same quarter in the previous year. The total income has increased by 80.66% to Rs 1,298.00 crore for quarter under review as compared to Rs 718.49 crore for the quarter ended December 31, 2010.
On the consolidated basis, the company has posted a drop of 14.15% in its net profit at Rs 407.28 crore for the quarter ended December 31, 2011 as compared to Rs 474.41 crore for the same quarter in the previous year. However, total income has increased by 61.08% at Rs 9212.35 crore for the quarter under review as compared to Rs 5718.95 crore year ago.