Adani Enterprises' Profits Soar with Record Half-Yearly Earnings
Adani Enterprises reported a net profit surge of 664% in the July-September quarter to Rs 1,741 crore, as part of a 254% increase over six months. AEL's highest half-yearly EBITDA at Rs 8,654 crore was driven by its core infra businesses, focusing on logistics and energy transition.
- Country:
- India
Adani Enterprises, the flagship of the Adani Group, announced a remarkable 664% rise in net profits for the July-September quarter, achieving Rs 1,741 crore compared to the previous year's Rs 228 crore.
Across the first two quarters of 2024-25, the company reported a 254% increase in cumulative net profits, reaching Rs 3,196 crore. Revenue from operations also saw an uptick, rising by 15% in the July-September quarter to Rs 23,196 crore, and marking a 14% rise for the six months at Rs 49,263 crore.
This financial boost is attributed to strong performances in emerging infrastructure sectors under Adani's incubation portfolio. Gautam Adani, Chairman of the Group, highlighted that Adani New Industries Ltd and Adani Airport Holdings Ltd led the half-year success with growth in capacity and asset utilization.
(With inputs from agencies.)
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