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Adani Enterprises March quarter net profit declines by 38% to ₹451 crore
The Morning Standard
|May 03, 2024
ADANI Enterprises Ltd (AEL) -on Thursday reported a sharp dip of 38% in its consolidated net profit at ₹451 crore for the quarter ended March 2024 (Q4FY24) as against ₹722.48 crore profit reported in the same quarter of last fiscal (Q3FY23).
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Sequentially, profit fell 76% against ₹1,888.45 crore reported in Q3FY24.
The consolidated revenue from operations for the Adani Group flagship firm was marginally up by 0.81% to 29,180 crore in Q3FY24 from ₹28,944 crore in the year-ago period.
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