Adani Enterprises Q4 results: Net profit rises 137.5% to Rs 722 crore
Adani Enterprises Ltd, on Thursday, reported a 137.5 per cent rise in its consolidated net profit in the quarter ended March 31, to Rs 722.48 crore from Rs 304.32 crore in the same quarter in 2021-22 (FY22). The company’s board recommended a dividend of Rs 1.2 per share.
“The Board has recommended a dividend of Rs 1.20 (@ 120 per cent) per equity share of the face value of Rs 1 each fully paid up for the Financial Year 2022- 23, subject to approval by shareholders of the Company,” the company said.
The revenue from operations of the flagship firm of the Adani Group was up 26.06 per cent to Rs 31,346.05 crore in the quarter. It was Rs 24,865.52 crore in the last quarter of FY22.
