Try GOLD - Free
Adani Enterprises net profit falls 49% on weak coal demand
Mint Chennai
|August 01, 2025
Adani Enterprises Ltd, the flagship company of billionaire Gautam Adani's group, on Thursday reported a 49% decline in the June quarter profit as weak coal demand offset growth in the airport and mining units.
The company posted a net profit of ₹734 crore in April-June—the first quarter of the 2025-26 fiscal year—compared with ₹1,458 crore in the same period a year back, according to a company statement.
A drop in coal-fired power demand, mainly due to a milder summer and earlier-than-expected monsoon, weighed on the coal trading division of the company, which contributes 36% of the revenue. It traded 17% less volumes at 12.8 million tonnes during the quarter.
Revenue from operations fell 14% to ₹22,437 crore, due to a 27% decline in its coal trading unit.
This story is from the August 01, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
Is America’s economy turning into a casino? Both yes and no
Americans are taking too many bad risks and too few good ones
3 mins
November 20, 2025
Mint Chennai
Global reset done, TVS supply chain unit eyes margin boost
TVS Supply Chain Solutions (SCS), whose wafer-thin margins and weak post-IPO performance have dampened investor sentiment since its 2023 debut, is looking to reset expectations after a major overhaul of its overseas operations.
2 mins
November 20, 2025
Mint Chennai
A fresh perspective on abstraction in art
A new exhibition in Mumbai showcases different approaches to abstraction by artists like Zarina, Seher Shah and Mehlli Gobhai
3 mins
November 20, 2025
Mint Chennai
A Gustav Klimt portrait shatters art records
Portrait of Elisabeth Lederer was sold at Sotheby's for $236.4 million
2 mins
November 20, 2025
Mint Chennai
Exide's dual bet: Can lithium-ion offset a weakening core?
Exide Industries Ltd is struggling to fuel its core lead-acid business while simultaneously turning its capex-heavy lithium-ion venture into a viable second growth engine.
1 mins
November 20, 2025
Mint Chennai
The crypto trades that amplified gains are now turbocharging losses
The rally in crypto prices this year was boosted by a large heap of debt, with traders using leverage to amplify their gains.
3 mins
November 20, 2025
Mint Chennai
Sebi mulls easing FPI trade settlement
The move would reduce costs for FPIs, says Sebi chairperson Tuhin Kanta Pandey.
1 min
November 20, 2025
Mint Chennai
Samsung India logs double-digit growth
Samsung India Electronics said it has clocked a double digit growth in its revenue from operations of over 11% to ₹1.11 trillion in the financial year ended March 2025.
1 min
November 20, 2025
Mint Chennai
BSNL dials vendors for a fix as regulator flags weak signal
State-owned Bharat Sanchar Nigam Ltd (BSNL) has flagged weak transmission signals at thousands of its new 4G towers—an issue behind call drops and slower data speeds—at a time when the operator is attempting a long-awaited turnaround backed by the government's successive revival packages.
1 mins
November 20, 2025
Mint Chennai
RP-Sanjiv Goenka enters luxe fashion with FSP stake buy
PSG Ventures Ltd, part of the RP-Sanjiv Goenka Group, on Wednesday approved the acquisition of a 40% stake in FSP Design Pvt. Ltd, the company behind the luxury fashion label Falguni Shane Peacock (FSP), is marking its formal entry into India’s luxury apparel and lifestyle market.
1 mins
November 20, 2025
Listen
Translate
Change font size
