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Adani Enterprises Q2 net profit falls 55% despite 75% increase in revenue

Adani Enterprises saw a 55% drop in consolidated net profit for the September quarter. Revenue from operations increased...

Adani Enterprises Q2 net profit falls 55% despite 75% increase in revenue
Source: Economic Times - NRI

Adani Enterprises saw a 55% drop in consolidated net profit for the September quarter. Revenue from operations increased by 75%, reaching ₹37,216 crore compared to the previous year. A notable decline in profit was attributed to an exceptional gain a year prior, while expenses rose sharply. The company plans to invest ₹35,000 crore to ₹40,000 crore annually in airports and...

SOURCE: Economic Times - NRI
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