Adani Enterprises Ltd.

Adani Enterprises has reported results for fourth quarter and year ended March 31, 2021.

The company has reported net profit at Rs 126.84 crore for the quarter under review as compared to net loss of Rs 80.60 crore for the same quarter in the previous year. Total income of the company increased by 14.63% at Rs 4752.71 crore for Q4FY21 as compared Rs 4146.30 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported above 3- fold jump in its net profit attributable to owners at Rs 233.95 crore for the quarter under review as compared to Rs 61.21 crore for the same quarter in the previous year. However, total income of the company decreased by 0.06% at Rs 13688.95 crore for Q4FY21 as compared Rs 13698.09 crore for the corresponding quarter previous year.

For the year ended March 31, 2021, the company has reported a fall of 47.23% in its net profit at Rs 368.81 crore as compared to Rs 698.89 crore for the previous year. Total income of the company decreased by 17.26% at Rs 13750.65 crore for year under review as compared to Rs 16619.02 crore for year ended March 31, 2020.

For the year ended March 31, 2021, on the consolidated basis, the company has reported a fall of 18.94% in its net profit attributable to owners at Rs 922.64 crore as compared to Rs 1138.17 crore for the previous year. Total income of the company decreased by 8.61% at Rs 40290.93 crore for year under review as compared to Rs 44086.21 crore for year ended March 31, 2020.