Adani Enterprises profit rises 76% to Rs 469 crore in June quarter
Adani Enterprises Ltd (AEL) on Thursday reported a 76.48 per cent rise in consolidated profit at Rs 468.74 crore for the first quarter ended June on the back of higher revenue from operations.
The company had posted a consolidated net profit of Rs 265.60 crore in the year-ago period, AEL said in a regulatory filing.
The consolidated revenue from operations during the April-June quarter increased to Rs 41,066.43 crore from Rs 12,578.77 crore last year.
In a statement, Adani Group Chairman Gautam Adani said the group intends to leverage AEL’s incubation strategy model.
