Adani Enterprises Q3 results: Net consolidated profit at Rs 820 crore
The consolidated profit of Adani Enterprises in the quarter ending December (Q3FY23) was Rs 820 crore improving from a loss of Rs 11.63 crore a year ago. Revenue from operations for the flagship firm of the Adani Group increased 42 per cent to Rs 26,612.23 crore.
The net standalone profit in Q3FY23 was Rs 269.71 crore as compared to a loss of Rs 36.46 crore in Q3FY22. It was, however, lower than the net profit of Rs 469.20 crore in Q2FY23. The revenue of the firm was Rs 12,142.15 crore.
EBIDTA increased by 101 per cent to Rs 1,968 crore.
“Our success is due to our strong governance, strict regulatory compliance, sustained performance, and solid cashflow generation.
