Adani Enterprises Ltd.

Adani Enterprises has reported results for third quarter ended December 31, 2016.  

The company has reported a net loss of Rs 25.14 crore for the quarter ended December 31, 2016 as compared to net profit of Rs 155.89 crore for the same quarter in the previous year. However, total income of the company increased by 4.47% at Rs 2019.08 crore for the quarter under review as compared Rs 1932.63 crore for the corresponding quarter previous year.       

On the consolidated basis, the company has reported 61.72% rise in its net profit after tax, minority interest and share of profit of joint ventures and associates at Rs 339.96 crore for the quarter ended December 31, 2016, as compared to Rs 210.22 crore for the same quarter in the previous year. Total income of the company increased by 8.23% at Rs 8753.40 crore for the quarter under review as compared Rs 8087.53 crore for the corresponding quarter previous year.