Adani Enterprises Ltd.

Adani Enterprises has reported results for fourth quarter and year ended March 31, 2019.

The company has reported over 5-fold jump in its net profit at Rs 331.19 crore for the quarter under review as compared to Rs 61.16 crore for the same quarter in the previous year. Total income of the company increased by 76.17% at Rs 5,369.18 crore for Q4FY19 as compared Rs 3,047.74 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 30.57% in its net profit at Rs 209.81 crore for the quarter under review as compared to Rs 160.69 crore for the same quarter in the previous year. Total income of the company increased by 33.31% at Rs 13,472.97 crore for Q4FY19 as compared Rs 10,106.14 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported over 2-fold jump in its net profit at Rs 487.24 crore as compared to Rs 197.03 crore for the previous year. Total income of the company increased by 56.81% at Rs 15,923.60 crore for year under review as compared to Rs 10,154.46 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a fall of 31.70% in its net profit at Rs 223.40 crore as compared to Rs 327.11 crore for the previous year. However, total income of the company increased by 12.14% at Rs 40,950.62 crore for year under review as compared to Rs 36,516.16 crore for year ended March 31, 2018.