Adani Enterprises Q2 result: Net profit falls over 50% to Rs 228 crore
Adani Enterprises Ltd on Thursday reported a 50.5 per cent fall in its net profit in the quarter that ended on September 30 to Rs 227.82 crore, as compared to Rs 460.94 crore in the same quarter last year. As compared to Rs 673.93 crore in the previous quarter, the dip in net profit was sharper at 66.1 per cent.
The company’s revenue from operations was down 41 per cent to Rs 22,517.33 crore during the quarter as compared to Rs 38,175.23 crore last year. It was also down from Rs 25,438.45 crore in the previous quarter.
