Adani Enterprises Ltd.

Adani Enterprises reported results for the fourth quarter and year ended March 31, 2013.

The company has reported net loss of Rs 73.60 crore for Q4FY13 as compared to net profit of Rs 170.54 crore in Q4FY12. However, its total income, increased by 131% at Rs 3586.81 crore in the quarter under review from Rs 1555.06 crore  in the corresponding quarter of the previous year.

On consolidated basis, the company has reported a rise of 53.10% in its net profit at Rs 473.77 crore in Q4FY13 as compared to net profit of Rs 309.44 crore in the same quarter previous year. Total income of the company has increased by 9.19% to Rs 11820.83 crore as compared to Rs 10825.58 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 43.71% rise in its net profit at Rs 519.83 crore in FY13 as against Rs 361.72 crore in previous years. Total income of the company has increased to Rs 12504.27 crore as compared to Rs 5743.85 crore in FY12, up by 117.70%.

On consolidated basis, the group has registered 12.30% fall in its net profit at Rs 1612.97 crore in FY13 as against Rs 1839.20 crore in previous year. However, total income of the company has increased to Rs 47351.62 crore as compared to Rs 39903.77 crore in FY12, up by 18.66%.