Adani Enterprises Ltd.

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Adani Enterprises reports 99% fall in Q3 consolidated net profit

Date: 15-02-2022

Adani Enterprises has reported results for third quarter ended December 31, 2021.

The company has reported net loss of Rs 36.46 crore for the quarter under review as compared to net profit of Rs 117.17 crore for the same quarter in the previous year. However, total income of the company increased by 95.39% at Rs 8,174.61 crore for Q3FY22 as compared Rs 4,183.73 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 99.48% in its net profit at Rs 1.80 crore for the quarter under review as compared to Rs 343.17 crore for the same quarter in the previous year. Total income of the company increased by 60.87% at Rs 18,963.40 rore for Q3FY22 as compared Rs 11,787.82 crore for the corresponding quarter previous year.