Adani Enterprises Ltd.

Adani Enterprises has reported results for fourth quarter (Q4) and year ended March 31, 2023.

Adani Enterprises has reported 94.48% rise in its net profit at Rs 440.88 crore for the quarter under review as compared to Rs 226.70 crore for the same quarter in the previous year. Total income of the company increased by 46.12% at Rs 13,097.73 crore for Q4FY23 as compared to Rs 8,963.89 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs  780.68 crore for fourth quarter ended March 31, 2023 as compared to Rs 325.76 crore for the same quarter in the previous year. Total income of the company increased by 26.15% at Rs 31,716.40 crore for Q4FY23 as compared to Rs 25,141.56 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported over 2-fold jump in its net profit at Rs 1,622.73 crore as compared to Rs 720.70 crore for the previous year. Total income of the company increased by 151% at Rs 68,592.22 crore for year under review as compared to Rs 27,327.55 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported over 3-fold jump in its net profit at Rs 2,421.60 crore as compared to Rs 787.70 crore for the previous year. Total income of the company increased by 96.18% at Rs 138,175.12 crore for year under review as compared to Rs 70,432.69 crore for year ended March 31, 2022.