Adani Enterprises net profit rises over two-fold in Q1

Adani Enterprises on Thursday reported a 2.5-fold growth on year in net profit for the April-June quarter of 2019, on a one-time gain of Rs 328 crore and higher sales during the quarter.

The company received a favourable judgement from the appellate tribunal over an ongoing claim over a price escalation and interest thereon over the payment dispute with the counter party for supply of coal, the company said.

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