Adani Enterprises Ltd.

Adani Enterprises has reported results for second quarter ended September 30, 2016.   

The company has reported 62.78% fall in its net profit at Rs 80.69 crore for the quarter under review as compared to Rs 216.79 crore for the same quarter in the previous year. Total income of the company decreased by 14.65% at Rs 2006.89 crore for the quarter under review as compared Rs 2351.32 crore for the corresponding quarter previous year.        

On the consolidated basis, the company has reported 78.88% fall in its net profit after taxes, minority interest and share of profit /(Loss) of associates at Rs 63.09 crore for the quarter ended September 30, 2016 as compared to Rs 298.72 crore for the same quarter in the previous year. Total Income of the company has decreased by 18.49% to Rs 7770.59 crore for quarter under review from Rs 9533.75 crore for the quarter ended September 30, 2015.