Adani Enterprises Ltd.

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Adani Enterprises reports 44% rise in Q1 consolidated net profit

Date: 03-08-2023

Adani Enterprises has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 32.59% rise in its net profit at Rs 587.28 crore for the quarter under review as compared to Rs 442.94 crore for the same quarter in the previous year. However, total income of the company decreased by 43.29% at Rs 11,649.65 crore for Q1FY24 as compared Rs 20,541.64 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 44.41% rise in net profit at Rs 676.93 crore for the first quarter ended June 30, 2023 as compared to Rs 468.74 crore for the same quarter in the previous year. However, total income of the company decreased by 37.15% at Rs 25,809.94 crore for Q1FY24 as compared Rs 41,066.43 crore for the corresponding quarter previous year.