Adani Enterprises Q4 consolidated profit up 282 per cent
NEW DELHI: Adani Enterprises (AEL) has reported a 282.2 per cent rise in its consolidated net profit (attributable to the owners of the company) for the fourth quarter of FY21. The company recorded net profits of Rs 233.95 crore against Rs 61.21 crore in the corresponding quarter oof the previous year.
The PAT attributable to owners before Exceptional Items increased almost 7-fold to Rs 413 crore due to higher EBIDTA. But, consolidated profit for the quarter was impacted by a one-time exceptional loss of Rs 179 crore, the company said.
