Adani Enterprises Ltd.

BSE: 512599 | NSE: ADANIENT
Large Cap | Trading
2153.20
-61.80 (-2.79%)
< Home < Back

Adani Enterprises slips on reporting 79% fall in Q2 consolidated net profit

Date: 25-10-2016

Adani Enterprises is currently trading at Rs. 69.60, down by 1.75 points or 2.45% from its previous closing of Rs. 71.35 on the BSE.

The scrip opened at Rs. 70.70 and has touched a high and low of Rs. 70.70 and Rs. 69.35 respectively. So far 52,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 94.80 on 26-Oct-2015 and a 52 week low of Rs. 58.45 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 72.70 and Rs. 68.45 respectively. The current market cap of the company is Rs. 7,654.68 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 20.34% and 4.66% respectively.

The company has reported 62.78% fall in its net profit at Rs 80.69 crore for second quarter ended September 30, 2016 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.