Adani Enterprises’ Q3 profit plummets by 88.41% to Rs 228.64 crore, revenue down 8.79% YoY

Adani Enterprises Ltd (AEL) on Thursday reported a profit of Rs 228.64 crore during the fiscal third quarter, posting a drop of 88.41 per cent in comparison to Rs 1,972.75 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 22,848.42 crore, down 8.79 per cent as against Rs 25,050.23 crore during the same period of previous financial year. 

The company’s nine month results showed strength and consistency of its incubating businesses, which have delivered robust operational and financial performance quarter after quarter, AEL said in a regulatory filing. During 9MFY25, Adani Enterprises recorded its highest consolidated EBITDA at Rs 12,377 crore with contribution of 62 per cent from incubating businesses. EBITDA was up by 29 per cent driven by continued strong operational performance by ANIL Ecosystem and Airports. Revenue for the period came in at Rs 72,763 crore, up 6 per cent and PBT increased by 21 per cent to Rs 5,220 crore. 

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Gautam Adani, Chairman of the Adani Group, said, “This exceptional nine-month performance underscores Adani Enterprises Ltd’s position as a powerhouse for nurturing transformative infrastructure and energy transition sectors. Strong growth across our incubating businesses, from energy transition to logistics and adjacencies, highlights the immense potential of our core plus portfolio. These results are a testament to our focus on execution, operational excellence, innovation and sustainability as we continue to set new benchmarks across sectors. With each milestone, AEL reaffirms its commitment to creating long-term value for its stakeholders while contributing to India’s progress and global competitiveness.”

Adani Enterprises’ business update

Adani New Industries (ANIL – Green Hydrogen Ecosystem)

In terms of solar manufacturing, module sales recorded at around 3.3 GW during nine months on the back of export growth of 20 per cent and domestic sales increase of 176 per cent. EBITDA margins continued to rise on account of improved realization and operational efficiency through integrated production of cell and module lines. In terms of wind turbine manufacturing, 3.3 MW WTG model got listed in RLMM, taking ANIL Wind business offerings to four listed WTG models. During the quarter, the company crossed milestone of 400th Blade production.

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