Adani Enterprises Ltd.
2.70 (0.13%) Adani Enterprises reports 23% fall in Q2 consolidated net profit
Date: 02-11-2023Adani Enterprises has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 62.36% rise in its net profit at Rs 761.79 crore for Q2FY24 as compared to Rs 469.20 crore for the same quarter in the previous year. However, total income of the company decreased by 55.88% at Rs 9900.09 crore for Q2FY24 as compared Rs 22437.45 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 22.89% fall in its net profit at Rs 333.34 crore for the quarter under review as compared to Rs 432.30 crore for the same quarter in the previous year. Total income of the company decreased by 40% at Rs 23066.03 crore for Q2FY24 as compared Rs 38441.46 crore for the corresponding quarter previous year.